Unity Insurance Wins the Combatting Underinsurance Award

We're thrilled to announce we have won the Combatting Underinsurance Award at the UK Broker Awards 2025, sponsored by Rebuild Cost Assessment.

This recognition reflects our team's ongoing commitment to protecting charities from one of the sector's most damaging yet overlooked risks: underinsurance.

The Scale of the Problem

Underinsurance poses a critical threat to the organisations we serve. According to RebuildCostAssessment.com, over 70% of commercial properties are underinsured, with many being unaware of the consequences. When charities underestimate their rebuild costs or equipment values, a single incident such as a fire, flood, or theft can leave them without the funds needed to recover.

Most charity insurance policies include an "average clause" which means if you're underinsured, your claim will be reduced proportionately. For example, if you're insured for £250,000 but the actual rebuild cost is £500,000, you'll only receive 50% of any claim, even for smaller losses. The consequences extend beyond financial loss. Services stop. Communities suffer. Years of work can be undone.

At Unity, we believe every charity doing good work deserves robust insurance protection. That's why we've made tackling underinsurance central to everything we do.

What We've Achieved

Unity has implemented a programme to combat underinsurance for charities in the following ways:

• Comprehensive policy assessments to identify and correct underinsured policies
• Straightforward tools that help clients accurately assess rebuild costs, removing the guesswork from insurance decisions
• Raising awareness about the importance of accurate rebuild assessments

Recognition

The judges commended Unity's educational focus and collaborative approach. Unity are determined to address this issue that receives too little attention in the not-for-profit sector.

"Underinsurance can devastate the vital work charities do," said Philip Johnson, Managing Director at Unity Insurance. "Our mission is to give every client the confidence that their insurance matches their actual risk, allowing them to concentrate on their purpose: helping others."

This award belongs to our entire team. From first contact through annual renewal, every colleague at Unity contributes to keeping our clients properly protected.

Protecting Your Organisation

If you are a trustee of or operate a charity, now is the time to review your insurance cover. Underinsurance isn't always obvious until it's too late.

Contact Unity Insurance today for a comprehensive charity insurance policy review.

Our team will help you understand your true rebuild costs, assess your exposures and ensure your insurance provides the protection your organisation needs to continue its essential work.

📞 0333 188 0155

📩 [email protected]

🌐 unityinsurance.co.uk