Media-Insert Communications

Media-Insert Communications

The blog of Media-Insert Communications – featuring freelance P.R. and journalism links to the work of Graham A. Jarvis.

Editing, Journalism, Copywriting, and Public Relations

…figures issued by the Association of British Insurers (ABI) outline that ‘escape of water’-focused insurance claims pertaining to commercial and domestic property are costing insurers no less than £2.5 million every day. Across a four-year period, this equates to a total pay-out that climbed to a staggering £930 million in 2018. According to the ABI, there has also been a “steep increase in the average cost of ‘escape of water’ claims, which now stands at £3,242 across both domestic and commercial [property].” So what’s the answer? Michael Wakley goes in search of a solution.

Published by Risk UK on 12th June 2019. By-lined to Michael Wakley, CEO of LeakSafe. 

 

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