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Compass Newsletter Issue 1. Spring 2022

Compass is now sending out quarterly newsletters filled with a great mix of product insights, insurance topics and seasonal content…

Compass Valuation Service

We’ve written previously about the importance of being insured for the right amount and how underinsurance can severely impact your business in the event of a claim, and more recently about the increasing costs of rebuilding and replacing Buildings and Structures.

The increasing costs of rebuilding

If the worst happens, and you suffer a loss to one of the buildings or infrastructure on your Park then the amount you are insured for becomes an important number. With rising costs of materials and labour knowing how much to insure for is difficult. In this article we examine the trends in the cost of rebuilding and how this might impact your insurance.

Giving customers fair value

The latest FCA review of General Insurance was specifically designed to ensure customers receive fair value from their insurance providers. The review looked at how firms designed, sold and reviewed their products to ensure they met the needs of their customers.

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