Analysis

In Focus: How important is it for insurance to move beyond indemnity and into risk mitigation?

By 2025-05-28T07:00:00

Risk management

Although indemnifying policyholders following an insured event is the principal premise of insurance, insurers, brokers and MGAs alike are taking greater interest in risk mitigation and prevention strategies to help nip claims in the bud - but how prevalent is this trend and in what lines of business is it ...

Certain lines of business across UK general insurance are making greater strides into the world of risk mitigation and prevention, rather than solely focusing on indemnifying policyholders - how important is this direction of travel? Industry experts share their views with Insurance Times.

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