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As Australia enters a new financial year with the economy in better shape than expected, risk factors in most insurance covers have ramped up significantly, putting ongoing pressure on businesses to anticipate and demonstrate strong risk management.
In this H1 2021 edition of our bi-annual Business Insurance & Risk Market Update we look at the key trends and considerations affecting insurance and access to risk solutions.
The update provides our experts' insights on factors influencing insurance market conditions in key areas of
We also take a look at the key issues in these areas of insurance and specialism
Experts within the Gallagher network offer perspectives on critical trends and changes shaping the insurance and business landscape to help inform business risk strategies and practices.
Working with Gallagher provides access to industry experts who can assist your business in formulating the risk and insurance solutions that achieve optimum protection amidst navigating complex market conditions.
Gallagher provides insurance, risk management and benefits consulting services for clients in response to both known and unknown risk exposures. When providing analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including health crises), we do so from an insurance and/or risk management perspective, and offer broad information about risk mitigation, loss control strategy and potential claim exposures. We have prepared this commentary and other news alerts for general information purposes only and the material is not intended to be, nor should it be interpreted as, legal or client-specific risk management advice. General insurance descriptions contained herein do not include complete insurance policy definitions, terms and/or conditions, and should not be relied on for coverage interpretation. The information may not include current governmental or insurance developments, is provided without knowledge of the individual recipient's industry or specific business or coverage circumstances, and in no way reflects or promises to provide insurance coverage outcomes that only insurance carriers' control.
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