‘Improving risk management practices will help to build a sustainable and resilient insurance sector that is better equipped to serve the evolving needs of customers,’ says director of commercial customer risk management and sustainability
An uptick in subsidence claims has prompted insurer Axa UK to renew its call on the government to appoint a minister for resilience, to focus on significant climate linked issues such as extreme heat and flooding.
Labour committed to this appointment while in opposition, ahead of its July 2024 general election victory, and Axa UK believes a ministerial resilience role is crucial to protect homes and commercial premises from the impact of climate change.
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