In his recent article with Insider Engage, Tokio Marine HCC’s Head of Delegated Property, Stuart Heath, discusses the evolving private landlord sector along with the challenges caused by Covid-19 and the advent of online rentals such as Airbnb, which require bespoke solutions.
There is little doubt that the current state of the UK’s delegated authority property market presents a number of challenges for underwriters at the moment, with a number of these issues unsurprisingly a direct result of the Covid-19 pandemic. While we at TMHCC predominantly write lead lines on what would be considered non-standard or hard to place risks, Stuart explains that the next year is likely to be a testing period for large sections of the market from a risk perspective.
From the expected rise of holiday homes this year, to the development of bespoke solutions for online rental properties and new growth areas, Stuart outlines where he sees the market heading in 2021. Read the full article here.
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