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Climate change has led to severe fire losses, affecting buildings, livestock, plant and machinery, and stock. These losses inevitably impact our and your bottom line and necessitate improvement of our current claim validation processes.
A deep dive into past abandoned claims where a recovery proved unfeasible revealed that the following factors played a material role in the unfeasibility of the claims:
Desired outcome
The loss adjuster, fire forensic investigator, and appointed attorney arrive at the scene once a potential third-party recovery is identified.
If you wish to help improve TP recoverable fire losses, please notify us and we'll share the detailed process.