About this webinar
Climate change is reshaping UK property risk, with subsidence emerging as one of its most significant yet underestimated threats. Driven by shifts in temperature and moisture that alter soil elasticity, subsidence is increasing in frequency, making traditional “1-in-100 year” event assumptions unreliable. National climate stress models often miss the hyper-local patterns that drive real-world losses.
Research by PriceHubble and MIAC Analytics has revealed previously hidden risk concentrations. Property-level analysis reveals clusters of vulnerability where worsening subsidence, climate trends and rising rebuild costs could make repair uneconomic. In some regions, projected rebuild costs are set to exceed market value within just two decades.
Join Mark Cunningham, Managing Director, PriceHubble UK, and Darrel Welch, Managing Director, MIAC Analytics, to explore:
- How property-level modelling provides more accurate assessment compared to national climate stress tests
- The link between the long-term reduction in asset value and increasing insurance claims potential
- Geographic patterns of subsidence risk and emerging “uninsurable” zones
- Lessons for insurers from 20-year of risk assessment experience by banks
- Practical steps for assessing your own exposure
Key questions we’ll address
- Where could future claims concentrate — and why?
- When does the rebuild cost outweigh the property’s future value?
- How can insurers use property-level valuation data to improve underwriting and portfolio management?
- What early warning signs should pricing and risk teams monitor?
Speakers:
- Mark Cunningham, Managing Director, PriceHubble UK
- Darrel Welch, Managing Director, MIAC Analytics UK
Who should attend
This webinar is designed for underwriters, pricing analysts, risk managers, sustainability leads and portfolio strategists working in UK general insurance and reinsurance, especially those managing property-heavy books.
Extra value for attendees
Those joining the session will have the opportunity to request a free, time-limited analysis of their residential property portfolio to identify areas of heightened subsidence risk.
In collaboration with:
Speakers
Mark Cunningham
Managing Director
Darrel Welch
Managing Director
Continuing Professional Development
This InsTech Webinar is accredited by the Chartered Insurance Institute (CII). By watching, you can claim up to 0.5 hours towards your CPD scheme.
If your organisation is a Corporate Member of InsTech and you would like to start receiving a quarterly summary of the CPD hours you have earned through InsTech, then please let us know by emailing [email protected].
By the end of this Webinar, you should be able to meet the following Learning Objectives:
- Explain how property-level modelling can reveal subsidence risk and valuation impacts overlooked by national climate stress tests
- Identify geographic patterns and market conditions that could create future “uninsurable” property zones
- Summarise practical steps for using valuation and risk data to improve underwriting and portfolio management
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CII CPD accreditation demonstrates the quality of the learning of this InsTech event and confirms it meets CII CPD scheme requirements.
