3 Dimensional Insurance

A BROKER’S PERSPECTIVE ON THE SOFT MARKET

When price becomes the battleground, where does that leave the specialist Property Owners broker?

WHERE DOES THIS LEAVE 3Di?

It means stepping back from the mass market, where price is king and concentrating on clients who appreciate the value a specialist broker can provide.

COMPLEX RISKS
Focusing on risks that require more than a standard market solution.

SPECIALIST EXPERTISE
Using our knowledge and experience to understand the individual risk.

BESPOKE PROGRAMMES
Designing insurance programmes where our expertise can make a
genuine difference.

Interestingly, these are the very principles on which 3Di was founded

“Combining Innovation and Tradition in the 21st Century”

What goes around, comes around.

A BROKER’S PERSPECTIVE ON THE SOFT MARKET
When price becomes the battleground, where does that leave the specialist Property Owners broker?

THE MARKET IS CHANGING
As we navigate our way through the soft market, is the role of the specialist property broker changing?

With insurers lining up to attract market share through unsustainable discounting, how many people now buy their insurance purely on price?

PRICE ISN’T EVERYTHING
The good news is that there are still clients who use a broker for their professional advice, they consider:

✔ Financial Security
✔ Claims Service
✔ Underwriting Consistency
✔ Quality of Cover

The quality of the cover is paramount and whilst pricing is a significant factor, properly protecting their financial investment is more important than achieving the cheapest premium.

If you are trying to place cover and would like to discuss in more detail, please either email me directly - [email protected] or call the 3Di team on 020 3327 0292

More than 9 out of 10 UK properties are inaccurately insured

Based on data from 46,917 rebuild cost assessments carried out across the UK, the latest rebuildcostassessment.com Property Insurance Infographic shows a clear imbalance.

67% of properties were underinsured and 25% were overinsured. Just 8% had a buildings sum insured matching their assessed rebuild cost.

Read the full article here

www.rebuildcostassessment.com

INNOVATIVE INSURANCE SOLUTIONS

3Di are well known for being able to provide innovative insurance solutions for difficult to place risks.

Here is an example of where we were able to place a risk on behalf of our clients that had been causing them problems

Rain on the horizon for drought-covered UK?

The UK's mean temperature between 1st June and 10th August has been nearly 2°C above the average between 1991 and 2020. It's also the first time that 35°C has been reached in four separate calendar months - May, June, July and August. The forecast suggests cooler temperatures and rain is on the way, but what does this mean for flood risk?

Drought declared
Drought has been declared in more than 2/3s of England and all of Wales. For the first two weeks of August, England received just 6% of the long-term average for the month. This pattern has been seen across Western Europe, as the whole region saw their hottest June to July period on record.

Wildfires across Europe
These dry conditions make wildfires more likely to start, and more likely to spread rapidly. Fires have affected huge areas of England, Scotland and Wales, including in the New Forest, the Cairngorns, and South Wales. Over half a million hectares of land has been devastated by fires this year in Europe alone.

Flash flooding risk
Although much of the UK is in desperate need of rainfall, heavy rain falling on dry ground can increase the risk of flash floods. This is because the hardened soil isn't as good at absorbing rain, leading to increased surface runoff which can quickly overwhelm drains and rivers.

Staying prepared:
Flooding can affect anyone, regardless of whether they live near a river or body of water. Encourage your clients to keep an eye out for flood alerts and warnings, and to make a flood plan so they are prepared in the event of a flood. Clients in England can sign up for alerts from the Environment Agency.

INNOVATIVE INSURANCE SOLUTIONS

3Di are well known for being able to provide innovative insurance solutions for difficult to place risks.

Here is an example of where we were able to place a risk on behalf of our clients that had been causing them problems.

Fourth UK heatwave piles pressure on insurers facing record claims.

Subsidence, wildfire and drought exposure is building as temperatures hit a 31-year high this week.

The UK's fourth heatwave of 2026 has triggered a government Cobra emergency meeting and broken a 31-year national record, arriving into an insurance market already struggling under the weight of record subsidence claims, accelerating wildfire incidents, and a forecast underwriting loss for the year.

For insurers and brokers, this is not a background weather story. It is the latest pressure point in what the data already suggests is shaping up to be one of the most costly years for UK property claims on record.

Fourth UK heatwave piles pressure on insurers facing record claims Subsidence, wildfire and drought exposure is building as temperatures hit a 31-year high this week

Saving time & money during construction defects period

Leaksafe Solutions Ltd were asked to supply leak detection equipment for each of the 490 apartments to cover all the high-risk areas in the apartments i.e., the utility cupboard, kitchen and ensuites/bathrooms.

They recommended the installation of their WaterHub system designed for new build and major refurbishment projects.

The cost of installing a leak detection system during construction is significantly less than that of retrofitting a leak detection system once leaks become evident...

read the full article

» Saving time & money during construction defects period Just another WordPress site

It can be anything where the individual risk factors make it difficult to arrange cover.
Unoccupancy or heavy trade risks, unusual construction, difficult claims experience or a property located in a high flood zone.

Next time you are faced with a complex risk and don't know where to get cover, think 3Di.

Specialist Brokers You Can Trust

Please call the 3Di team on 020 3327 0292

www.3diltd.co.uk

We feel that in partnership with a small number of independent brokers we can offer the level of service and expertise that used to be common in the Property Owners market place.

At 3 Dimensional Insurance, we are looking to partner with other like-minded brokers to provide terms for the Commercial Property Sector.

We have no minimum premium requirements and access to our binders requires nothing more than a simple signed TOBA.

You can speak to us easily and we are happy to chat risks through with you prior to submission.

Why not give us a try?

If you would like to arrange an informal chat, to find out more about working with 3Di and our services, please get in touch.

Email - [email protected] or call the 3Di team on 020 3327 0292