Red Alert and commentary below by Michael Lawson CEO Property Risk Inspection Limited even as UK has experienced thunder and lightning these last few days.
Whether subsidence, floods and drainage issues or this red alert comes to pass insurers can get the best combination of specialist services powered by digital claims technology that has been deployed by household name insurers in the UK- and globally.
The Drainage Repair Company is an independent specialist that brings together digital technology with expert knowledge to deliver drainage and clean water solutions to the Insurance Industry.
See the The 2018–2019 UK residential dwelling clay shrinkage subsidence event- Claims Report. by Property Risk Inspection Limited
Disclosure: I work for the digital claims management platform , 360SiteView, that the Drainage Repair Company deploys to deliver its world class services
In the last 10 days the 2020 #MORECS for the North London grid square has made up 30mm in soil drying on 2018 and is more than the same again ahead of 2003. The sudden steep climb in the green 2020 line is indicative of intense soil stress. Across the south east trees are seeking to control water loss through wilting strategies but it’s not stopping the climb which will now cross 300mm within the next 24 hours. Claims management specialists should be carefully considering capacity given the latest surge in temperatures and soil drying. Repudiation rates will start to fall and I would expect new claim notifications to be increasing steadily
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