Maritime Piracy Increases in Southeast Asia; Improves Off of Africa

night vision ship

Most ship owners have benefited from reduced insurance premiums due to the gradual reduction in global marine piracy in the past few years, but a recent uptick of serious threats in Southeast Asia could prompt a reversal of those fortunes. … Continue reading →

New UK Law Targets the Puppet Masters

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The unpromisingly named Small Business, Enterprise and Employment Act 2015 received Royal Assent on 26 March 2015. It didn’t attract much press attention at the time perhaps because it contained such a diffuse range of measures, some of which have … Continue reading →

Construction Industry: Property/Casualty Market Review

Commercial-Lines-Combined-Ratio

Despite a decrease in 2014, net profit for the US property/casualty insurance industry has been on the rise since 2012. As better illustrated, net profits in the US property/casualty insurance  industry decreased 28.2% to $50.2 billion in 2014 compared to … Continue reading →

Data Breaches: Being Prepared for When (Not If) it Will Happen to You

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In our ever-more-cyber world, there is no getting around one very disconcerting fact: data breaches are going to happen. Almost every week brings a new story of a company or organization reeling from a data breach. Continue reading →

How Attitudes and Approaches to Risk Management Differ Between UK Law Firms

Willis Risk Barometer: A Study on How Attitudes And Approaches To Risk Management Differ Between U.K. Law Firms

The risk and compliance function within law firms is one of the most arduous roles within the business. We recently surveyed over 130 partners, COFAs, COLPs, risk directors and other members of risk and compliance teams at UK law firms … Continue reading →

Liberalización Del Mercado De Seguros

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El 15 de julio de 2013 entraron en vigencia los artículos 61 al 65 de la Ley 1328 mediante los cuales se abrió campo en Colombia al comercio transfronterizo de seguros, al consumo de seguros en el exterior por residentes … Continue reading →

What is Your Family’s Social Media Liability?

social media Liabilitiy

As social media use becomes increasingly ingrained in our daily lives, the potential for something we post to be taken out of context or misconstrued is only going to increase. When adults are being sued for negative yelp reviews and … Continue reading →

Emerging Trends: Private Exchanges Leading to Increased Voluntary Benefit Purchasing

HealthApp

Private exchanges are becoming more prevalent and, as they do, clear trends are emerging. One such trend is the increase in the number and volume of voluntary benefits purchased by employees in a private exchange. Continue reading →

How London’s Boom Is Driving Innovation in Insurance

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London’s booming residential and commercial property investment market has resulted in overseas investors needing custom-made insurance solutions to help them secure the deals they want – whether that is to resolve specific property-related issues or to supplement their existing policies … Continue reading →

Interactive Map of the Nepal Earthquake

Nepal quake

The 2015 Nepal earthquake occurred at 11:56 NST on 25 April, with a moment magnitude (Mw) of 7.8Mw and a maximum Mercalli Intensity of IX (Violent). The quake occurred as the result of tectonic plate movements along the fault line … Continue reading →