Remove Business Interruption Remove Insurance Industry Remove Risk
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Celebrating 24 years of service to the general insurance industry

Prof. Allan Manning

A number of pre loss services are also provided by the LMI Group, including Business Interruption Sum Insured Reviews, Policy Drafting, Insurance Program Reviews, Risk Surveys, and Risk Engineering Services along with Business Continuity Management Services, and Cyber Security Reviews.

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Reflecting on the first 25 Years of LMI Group

Prof. Allan Manning

Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. February 2000: Development of first Training Module – Business Interruption. May 2002: First of now 17 books on insurance and risk management launched. March 2003: LMI Sydney office opens.

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Does Commercial Property Insurance Cover Water Damage?

Tosten Marketing

The average flood insurance policy costs $540 a year , according to the NFIP. To protect against this risk, businesses can often add sewer and drain backup coverage as an endorsement to their existing policy. Businesses in flood-prone areas need separate flood insurance.

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Strike’s Duration Will Determine Impact on P/C Insurance Industry

Triple-I: Business Insurance

Another way the insurance industry would be affected is from losses from coverage protecting against adverse business costs of events, such as strikes. These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo.

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Please help make this year’s Mansfield Awards the best ever!

Prof. Allan Manning

We will be introducing 3 new important categories for 2025 to honour those that can make or break the way the insuring public view the vital service that the general insurance industry delivers to Australia. Thank you in anticipation and if you are in Sydney on 25 th July please come along.

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What Lies Ahead?: Top Insurtech Trends for 2025 and Beyond

InsuredMine

With only two months left in the year, we’re gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The global protection gap—a measure of uninsured risk—looms large, projected to reach $1.86 Traditional insurance models are struggling to keep pace with a rapidly evolving world.

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The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

Early Developments in Business Coverage Long before modern commercial insurance, businesses faced the daunting task of safeguarding their assets against unforeseen calamities. The notion of business coverage can be traced back to medieval times, when the shipping industry first implemented rudimentary forms of risk management.