Claims inflation update
Crawford is pleased to share with you our latest claims inflation paper, providing insight into the costs that continue to impact the construction sector.
As a provider of over half a million repairs globally, Crawford Contractor Connection has experienced first-hand the material and labour challenges facing the market.
While there are green shoots of improvement with inflation predicted to decline in the near future, costs remain significantly higher than 24 months ago.
In this paper we outline the key components contributing to the current cost challenges, including invaluable feedback from our Contractor Connection Managed Repair Panel of builders and suppliers. Plus, for insurers, brokers and underwriters, we share proactive steps that can be taken to manage the impact of claims inflation more effectively.
We hope you find this digital paper informative.