Underinsurance is still an issue

08 September 2021

Our high net worth claims specialist Fabrice Watson shares his views, and talks about how you can help your clients.

The prices and values of precious items change - often upwards. While there may be existing valuations, these can quickly get out-of-date so it’s important they are kept up to date and carried out by an approved valuation company.

Fabrice Watson, Art & Private Client Claims Manager has over 20 years’ insurance experience with 17 of them spent as a high net worth claims specialist.

In this short video, Fabrice looks at:

  • How upward pressure on item values is causing an increase in underinsurance risks
  • What simple steps you can take to minimise this risk with your clients
  • How our Claims Promise makes the process quick, easy and as pain-free as possible.

Fabrice Watson Cert CII - Claims Team Manager

Fabrice Watsonn

Fabrice is a specialist Fine Art and High Net Worth claims professional with 16 years’ high net worth experience. He re-joined Ecclesiastical in 2018 to develop broker relationships and drive operational excellence for Ecclesiastical’s Art & Private Client business. He returned from Covéa where he worked in their High Net Worth Claims team, having previously led Ecclesiastical’s Heritage Residential Claims Team.

Outside of insurance, Fabrice enjoys road cycling, watching football and cooking up culinary delights (or not!) in the kitchen.


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