Underinsurance can affect any organisation, and you may not know you are underinsured until you need to make a claim. In many cases it happens when valuations are out of date or incorrectly calculated, or recovery time from business interruption is underestimated.

Could your business afford to meet a substantial shortfall if an insurance pay-out turned out to be lower than expected? For some businesses the consequences of underinsurance may be a short-term financial headache, while for others it could severely affect their ability to carry on trading.

In this webinar we explore common areas of commercial underinsurance and the pitfalls of inadequate cover. We also discuss ways to help protect your organisation and how an insurance review can identify any potential problem areas before they become an issue.

Your host, Christian Kaye, will be joined by David Reed from Zurich and Chris Hughes from AVIVA, as well as Robin Darby from Gallagher’s claims management team, who will discuss several claims examples from companies who have found themselves to be underinsured.

Our panellists will discuss:

  • Ten common reasons an organisation can be underinsured
  • The potential consequences of underinsurance, including the average clause
  • How to determine if your organisation is underinsured
  • Business Interruption Insurance and how to ensure sufficient cover
  • Underinsurance case study examples

Who should attend?

Anyone who is responsible for purchasing insurance for their organisation.

Who will be speaking?

David Reed, Regional Major Loss Property Claims Manager Zurich Commercial Insurance UK
David is an insurance claims professional with over 20 years’ experience in Loss Adjusting & Broking. He is currently handling high profile large property claims in excess of £250,000 as part of a team of five nationwide. David is twice past President and current Deputy President and Education Secretary of his local Insurance Institute, and winner of the 2019 Insurance Post Claims Award (Individual) - Customer Care.

Mike Barratt, Business Development Executive at Gallagher
Mike has been in the insurance industry for 12 years, working across a plethora of industries for both brokers and underwriters, to gain a true end-to-end understanding of the insurance market. He frequently undertakes editorial work with clients and prospects on behalf of Gallagher, which is regularly published across both personal and company social media platforms.

Robin Darby, Claims Director at Gallagher
Starting his career in claims management 35 years ago back in 1986 Robin spent nine years as a Loss Adjuster before working in more recent claims roles including Claims Manager at Griffiths & Armour. He celebrates 15 years as Claims Director at Gallagher later this year.

Chris Hughes, Director of Commercial Claims AVIVA
Chris has over 30 years' experience in operational and technical claims management across a wide variety of business classes. He is responsible for the design and delivery of Aviva’s Commercial Lines and Multinational Claims propositions.


Thursday 9 September, 10am-11am

How to book your place:

Please register for your chosen date by clicking the button below. Once registered we will email you the joining details. If you would like to invite a colleague, you are welcome to share this invitation.

Once you have registered, a link will be emailed to you after the event, allowing you to download the webcast at a more convenient time.

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Gallagher is a risk management, insurance and HR/benefits consultancy and will be sharing their views in that capacity. This webinar is not intended to give legal or financial advice, and, accordingly, should not be relied upon for such. In preparing this webinar we have relied on information sourced from third parties and we make no claims as to the completeness or accuracy of the information contained herein. It reflects our understanding as at the date of the webinar. You should not act upon information nor determine not to act, without first seeking specific specialist advice. No third party to whom this is passed can rely on it. We and our officers, employees or agents shall not be responsible for any loss whatsoever arising from the recipient’s reliance upon any information we provide herein and exclude liability for the content to fullest extent permitted by law. Should you require advice about your specific arrangements or circumstances, please get in touch with Gallagher.