Whitepapers and newsletters that cover insurance and claims management.

Global Markets Today
Welcome to the first edition of Global Markets Today (GMT) produced by the Global Markets team at Crawford & Company®. The past few months as I write have been dominated by our response to the major natural catastrophes that have impacted our clients. These include Hurricane Harvey, Irma, Maria and Nate, Typhoon Haiyan and the two earthquakes in Mexico. According to RMS, the total insured losses from major hurricanes in 2017 is expected to be in the range of $75 billion to $120 billion, a magnitude that has not been seen since 2011, and not in the U.S. and Caribbean since 2005.
Major Loss Preparation

Key Steps to Success

Industry data suggests the global economy experiences an average of $175bn in economic losses from man-made and natural catastrophes every year.  Meanwhile insured losses in excess of $1bn are becoming more common and are no longer restricted to the US alone, with the influence of complex, global supply chains drawing exposures in from around the world.  Crawford® adjusters have been appointed on numerous $1bn+ catastrophes over recent years, however many of those affected by these major insured events are often surprised by the nature and magnitude of the losses they face and the complexity of the claims process that lies ahead. This useful guide by Benedict Burke, Chief Client Officer, International, suggests prudent risk managers should always consider carefully how their insurance programme will respond and outlines the three key steps to success.