Insurer Partners with Global Loss Adjuster

Insurer partners with global loss adjuster

TOWER Insurance has announced a new partnership with Sedgwick, a global leader in loss adjusting, to ensure fast claims assessments for Tower customers during large weather events. The new partnership means Tower will have access to additional support from Sedgwick’s loss adjusters across New Zealand and the Pacific, the company said in a statement. External loss adjusters are typically used in the insurance industry for continuity of service in…

Consumers adjusting insurance covers to cope with rising cost of living – Moonstone Information Refinery

The 2025 Santam Insurance Barometer survey highlights a notable increase in claims activity, with 18% of consumers reporting that they had claimed against a short-term insurance policy in the past 12 months – the highest percentage since 2019. Despite this uptick, overall personal lines claims volumes decreased in 2024 compared to 2023, with motor claims continuing to dominate the landscape. The fourth edition of Santam’s biennial Insurance Baro…