Gallagher Bassett Warns 57% of UK Insurers Are Raising Rates as Weather Claims Grow More Complex
Updated
Updated · Captive International · Jul 6
Gallagher Bassett Warns 57% of UK Insurers Are Raising Rates as Weather Claims Grow More Complex
1 articles · Updated · Captive International · Jul 6
Summary
Gallagher Bassett said weather-related claims are rising in volume and complexity, straining loss adjusters as single cases increasingly combine storm, flood, lightning and fire damage.
More frequent, intense and unpredictable weather events are driving higher repair costs, tougher technical assessments and heavier surge demand across the claims market.
Its 2026 Claims Insights report found 57% of UK insurers are enhancing risk assessment and modelling, while the same share are increasing premiums as climate and catastrophe risks intensify.
Gallagher Bassett said it has shifted to an integrated field-and-desk adjusting model, backed by data, validation tools and real-time management information to deploy resources more flexibly.
The firm expects weather impacts to remain a major claims-cost driver, pushing the sector toward more analytics, AI, flexible catastrophe response and round-the-clock global claims support.