Claims history is a normal underwriting requirement for many commercial insurance products. It helps insurers understand previous losses and assess the risk.

What information can it show? #

A claims history may include:

• Date and type of loss.
• Amount paid and outstanding.
• Claim status.
• Description of the circumstances.
• Insurer or policy involved.

Insurers may request several years of information, depending on the product and risk.

Does a previous claim mean cover will be declined? #

Not automatically. The insurer considers the frequency, severity and circumstances of the losses, together with the controls introduced afterwards.

If there was a significant claim, explain improvements such as new procedures, training, repairs, security, contract changes or other risk controls.

What should be disclosed? #

Provide claims and known circumstances accurately, including open matters where requested. Different applications may ask questions using different time periods or definitions.

Do not state that there have been no claims merely because the formal history is not yet available.

What if the claims history is delayed? #

Tell Webber Insurance what is outstanding and provide the information you currently have. We can confirm what the particular insurer needs before offering terms or binding cover.