Top Tweets for #BuildingInsurance
@SusieStalsberg @InclusiveBuild @LiamSpender @joe_causerie12 @wharfgirl @SHAC_Action @ukcag @ChrisHowellFCA @dannybster @orwellvalley @Leaseanddesist @FleeceholdPlay Oh, that I know very well. They have been pushing for us to buy #terroristinsurance alongside their #buildinginsurance, and finally, this week, I got news from the biggest mortgage lender @Lloydbanks that terrorist insurance is not a requirement for them. So one more saving!
@MastermanDavies Last year, I got our insurance certificate, and it was stated that out of the £30 000 for our premiums, £5000 was commission payment. Apparently, most #managingagents are using this #buildinginsurance Brooker. I think it is called #SaintGilles
@orwellvalley Does your #buildinginsurance include terrorist attack indemnity?
Our #managingagent has been forcing us to take this insurance for the past 2 years.
@LKPleasehold
@NLC_2019
@cattwil
@FreeLeasehlders
@SHAC_Action
@EOCS_Official
@HorNet_Group
#leasehold
@mhclg @mtpennycook
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#StrataInsurance #AMCInsurance #PropertyProtection #VancouverInsurance #CondoInsurance #BuildingInsurance #StrataLiving #InsuranceCanada
@Drrrivvveee @FreeLeasehlders Do not buy a #leasehold property until @UKLabour abolishes this property tenure FOR REAL!
Reasons:
You will
Pay extortionate #servicecharges
Pay extortionate #buildinginsurance
NOT be able to re sell it
NOT be able to re mortgage it
Get depressed...
@FreeLeasehlders
@freeofhold
👇UK is over. @Keir_Starmer incompetent in maintaining any sort of relationship with USA. #TankerInsurance #TerroristRisk #BuildingInsurance
This is potentially the biggest Iran story nobody is talking about: the global insurance market may be heading toward a systemic crisis. Here’s why…
Most people don’t realize London isn’t just a financial center it’s THE center of global insurance.
Lloyd’s underwrites ~40% of the world’s marine cargo. Ship sinks, port gets bombed, canal gets blocked the bill lands in London.
This is why the UK punches above its weight. Not the Royal Navy. Not diplomacy. Insurance.
Control insurance, control trade.
And London doesn’t just control the 90% of global trade that moves by sea. Lloyd’s and the London market are major insurers of almost everything skyscrapers, factories, ports, satellites, entire supply chains.
You can’t participate in public markets or raise large amounts of capital without insurance.
Now, the normal playbook for war risk is repricing, not cancellation.
Canceling coverage entirely is a massive escalation in underwriting posture. It signals something beyond risk, it signals uncertainty so deep the underwriter can’t even price it.
The question everyone should be asking: why?
Why not just jack up premiums and make a fortune off the crisis like they did in the Black Sea off Ukraine?
To answer that, you have to understand WHY London has maintained a stranglehold on global insurance while losing nearly submarket related to ships.
The answer: better intelligence.
It is no coincidence that MI6 headquarters sits directly across the Thames from the @IMOHQ, the world’s maritime regulator & a short distance from Lloyd’s itself.
I have no proof of a direct pipeline, but it has long been speculated in the industry that intelligence flows from MI6 to Lloyd’s.
Having the best intel in the world would be the single greatest competitive advantage any insurer could possess: the ability to price risk that competitors can only guess at.
Here’s the problem: the majority of MI6’s intel doesn’t come from its own agents. It comes from Five Eyes the alliance comprising the US, UK, Australia, Canada, and New Zealand.
And within 5Eyes, the dominant partner is obvious. The CIA, NSA, NRO, etc generate the lion’s share of intel.
So if Lloyd’s pricing advantage flows from MI6, and MI6’s best intelligence flows from the US… what happens when that data pipeline gets throttled?
All indications are that @Keir_Starmer was blindsided by the size and scope of the US/Israel strikes on Iran this weekend. That alone tells you something about the current state of transatlantic intelligence sharing.
And we know there has been serious anger in Washington over the UK’s decision to sell Diego Garcia, home to America’s most strategically important base in the Indian Ocean, to Mauritius.
It is not a huge leap to conclude that the submarine cables linking Langley to London have gone dark, or at minimum have been significantly throttled.
What this means for UK national security is a question for the Brits. But what it means for EVERY company globally that’s insured through the London market has massive implications for the entire financial system.
Because most large insurers worldwide don’t do independent intelligence work. They index off Lloyd’s rates.
If you’re insuring a skyscraper in Tokyo, a semiconductor fab in Taiwan, or a port in Argentina you get a Lloyd’s quote, then shop that price around.
Other insurers see Lloyd’s number and assume the diligence was done. They price accordingly.
This means if London is suddenly flying blind it’s not just Lloyd’s policyholders at risk. It’s the entire global reinsurance chain.
The cancellation of war risk coverage on ships isn’t the crisis. It’s the canary.
If this hypothesis is correct, we could be looking at a systemic repricing event across global insurance markets…. the kind of cascading uncertainty that defined 2008 and COVID.
Watch Lloyd’s. Watch reinsurance spreads. What Five Eyes. That’s where this story, and possibly Wall Street, breaks.
CC @BillAckman
Christine, Jackie & Rhona never thought they’d become flood experts in retirement. Their story is a warning, but also a call to prepare 🏠💧
Read more 👇 to understand #FloodRisk and protect what matters. #BuildingInsurance #HomeResilience https://t.co/YURGa2ympO
@moving_charlie Yes, sir, it is very possible.
#leasehold properties are plummeting because of so many factors!
#groundrent
#cladding
Extortionate #servicecharges
#buildinginsurance
#roguemanagingagents
Ask AI about all the above!
8. Hire competent, specialist professionals and avoid “jack-of-all-trades” contractors to minimise long-term risks.
9. Obtain a comprehensive property insurance covering fire damage.
#BuildingCodes
#FireSafety
#BuildingInsurance
#BuildingServices
#BuiltEnvironment
The End
Steel building insurance isn't automatic 📋
Standard homeowner's policy might exclude:
❌ Detached structures
❌ Contents inside
❌ Commercial use
❌ Certain perils
#metalbuildings #insurance #buildinginsurance #propertyinsurance #verifycoverage #insurancegaps #canadianinsurance
Closing for Christmas? Discover the biggest risks to watch out for during your #ChristmasShutdown & how to stay protected with our blog 👉 ‘Common office closure challenges (& how to prevent them this Xmas)’- https://t.co/t5sDdXBjnC.
#CommercialInsurance #BuildingInsurance
3 steel building insurance myths 💸
Call before building 💪
#steelbuildings #buildinginsurance #insurancemyths #metalbuildings #insurancetips #propertyinsurance #knowyourpolicy #riskmanagement
Did you know that all public buildings are to be insured?
#InsuranceAwareness #PublicSafety #BuildingInsurance #RiskManagement #ComplianceMatters #ProtectLivesAndProperty #fagarrickandco
How can you decline something when you haven’t seen any evidence? #buildinginsurance
#lossassessor #trace #access
Get a building insurance that’s ready for life’s surprises. 🧱 Keep your home’s story safe with the right cover.
Call for professional advice today 📞 01434 700077 #Insurance #BuildingInsurance
GTP Mortgage & Financial Services Ltd are authorised & regulated by the FCA.
And scamming #leaseholders.
#ServiceCharges are outrageous
#groundrent is scandalous
#buildinginsurance premiums are deceptive (no incentive to provide value for money because of commission fees paid to #ManagingAgents)
No value for money
No transparency
@MastermanDavies @HarryScoffin @mtpennycook @endleaseholduk @FreeLeasehlders @Leaseanddesist I discovered that our rogue #managingagent is getting 20% commission from our insurance premiums! #scam
We pay high premiums because they have no incentive 2 get #valueformoney #buildinginsurance for us #leaseholders!
Why is @Leaseholderhelp promoting those people?
@BBCPanorama
Storms, leaks & floods cost insurers £322m last quarter 🌧️💸. Total property claims hit £1.6bn! Insurers are paying out, but prevention (and a good policy) could save you a future headache. #HomeInsurance #BuildingInsurance
Read more ➡️ https://t.co/LwJLhgYRuL
Building insurance covers the cost of repairs to your home if its structure is damaged by flood, fire or storms.
Get a building insurance quotes now.
.
..
#insurance #broker #insurancebroker #buildinginsurance #building
Failure to comply could cost you up to ₦1,000,000 fine, 12 months in jail, or both!
✅ Protect your property✅ Stay compliant with the law✅ Secure your peace of mind
Don’t wait for the law to catch up with you. Insure today!
#BuildingInsurance #Landlords #NAICOM #NIIRA
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