Remove Commercial Property Remove Insurance Industry Remove Liability Insurance
article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

article thumbnail

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

Protect Commercial Insurance

This era gave rise to specialised insurance products, covering factories, railways, and an expanding workforce. By the 20th century, the insurance industry began to reflect broader societal shifts. This real-time information enables insurers to offer dynamic pricing models that reflect actual risk more accurately.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the Climate Crisis is Impacting the UK Property Insurance Market

Property Insurance Centre

The insurance industry has had to adjust premiums to reflect this growing risk. By mid-2024, the average cost of home insurance had risen by 19% compared to 2023, with flood-prone areas facing even steeper increases​ CityAM.

article thumbnail

Understanding Consumer Education and Property Insurance

Property Insurance Centre

The Importance of Consumer Education Consumer education is a critical aspect of making informed decisions regarding insurance coverage and navigating the complexities of the insurance industry. By gaining insurance knowledge , individuals can protect their property effectively and avoid falling victim to insurance scams.