The causes and consequences of under insurance
September 30, 2025
Whether due to outdated valuations or cost-cutting decisions, carrying insufficient insurance cover can leave small and medium-sized enterprises (SMEs) dangerously exposed when a claim arises. This article explores the common causes and consequences of underinsurance and offers strategies to avoid it.
In August last year, car manufacturer Jaguar Land Rover was hit by a major cyber-attack that halted production and compromised critical IT systems. The attack disrupted the production of tens of thousands of vehicles, leaving dealerships in multiple markets with low stock, delayed deliveries and parts shortages. Organisations can learn various cyber-security lessons by reviewing the details of the incident in this case study.
This Commercial Insurance Profile covers the importance of having annual insurance reviews and getting employee buy-in on AI.
