AXA publishes guide to liability claims inflation and rate increases
Authored by AXA
Like the cost of living, claims inflation is driven by prices. So, when the cost of repairs, materials and labour rises, so does the cost of third party liability for property damage. Inflation also pushes up settlements and damages awarded.
To help you and your clients understand these issues and their implications, we've put together a practical guide, which covers:
- what's driving costs
- what we're doing to control costs
- what customers can do to protect themselves.
To download the liability claims inflation and rate increases guide from AXA CLICK HERE
About AXA
In July 2012 the AXA Commercial Lines and Personal Intermediary businesses came together to form a new single organisation – AXA Commercial Lines and Personal Intermediary.
The business offers brokers a more integrated and consistent approach from AXA which is focussed on their needs as a business – whatever the product. AXA Commercial Lines & Personal Intermediary provides underwriting expertise, offering a range of commercial lines and personal lines products and insurance solutions to our brokers and customers. AXA Commercial & Personal Intermediary is part of AXA Group, a worldwide leader in insurance and asset management serving 101 million clients