Almost half of UK commercial properties underinsured – Gallagher

Research from Gallagher has found that more than four in 10 (46%) commercial properties are underinsured, with the average shortfall being 40%. The broker flagged the gap was being caused by factors including a 36% rise in the cost of materials since 2020 and labour costs increasing 7% in the last year. Learn more about Gallagher's findings and the implications for businesses in this article.