Property Claims Cost Inflation

We've seen rises enter the market across the board in the Insurance market. This insightful session brought to us by McLarens Loss Adjusters will help us to understand and be able to relay the rationale for the changes in the market. It will explore a multitude of influencing factors and also offer some opinion around where the market goes from here.

By the end of the webinar, delegates will be able to:

• Explain the background and reasons behind the recent inflation
• Demonstrate the impact of costs inflation on multiple aspects of property and business interruption claims
• Reference various tools and methods used to assess inflation on insurance claims
• Highlight how and why we expect costs to develop over the coming months.

Darren Anderton ACILA, Head of Major Loss – North, McLarens

Darren’s adjusting career started with Brocklehursts in 1988 after 4 years in the claims departments of Legal and General and RSA, both in Manchester.

In 1996, he moved to McLarens, Manchester, developing his technical skills to become part of the Complex and Major Loss Team in 2002. He joined MYI UK from Teceris in January 2010.

Darren has a broad range of experience in all types of losses, including multi million-pound Real Estate, Food and Drink Industry and Public Sector claims, particularly Education. His catastrophe experience includes the 1996 IRA bomb in Manchester and in 2011 he acted for the Greater Manchester and Merseyside Police authorities, handling claims made against them for damage caused during the riots that year. Other catastrophe work includes many UK flood and storm events, most recently the 2015 Cumbria and West Yorkshire flooding. Darren also undertook Caribbean assignments following Hurricane Irma in 2017.

William Thomson BSc(Hons) MRICS RMaPS, Executive Adjuster/Chartered Surveyor (Large Loss), McLarens

William, a Chartered Building Surveyor, began his loss adjusting career at Ellis & Buckle in 1996 and over the next 17 years, has gained extensive experience on a variety of buildings claims either as lead adjuster or as assisting adjuster across a wide range of building types, construction, and value. This has involved, amongst others, the project management of major losses, defect analysis, and rigorous cost control, working closely with surveyors and Insured parties to identify scope and costs.

He is a regular referral point for technical and cost enquiries with the adjusters across the Scottish and North regions of the business.