Rate Reductions of Up to 30% in Construction, Property & Casualty

Willis CPC: Property Rating Trends, 2014 Q1-2

Following an unconventional 1st January treaty renewal season, the big question on the lips of corporate buyers and their advisers is how much of this reinsurance cost reduction will insurers pass on to them? Continue reading →

Greenpeace Targets Directors, Officers, and Their Insurers

Greenpeace Campaign

On 28th May 2014 Greenpeace launched an interesting campaign from The Netherlands aimed at the senior executives of some of the largest fossil fuel and utility companies around the world and their D&O insurers. (It may be no coincidence that … Continue reading →

Senate Passes 7-Year TRIA Extension; House Warns of Further Delays

TRIA

As widely anticipated, the U.S. Senate today, in a 93 to 4 vote, passed a seven-year extension of the Terrorism Risk Insurance Act. The legislation—authored by New York Congressman Chuck Schummer, along with Mark Kirk of Illinois, Bob Menendez of … Continue reading →

Do I Need Earthquake Insurance?

Earthquake house

In the United States, earthquakes are often most associated with California and Alaska. The reality is many areas across the country are susceptible to earthquake activity. Recently, we have seen earthquakes in areas thought to be “low risk,” such as … Continue reading →

The Perils of a Public Listing for Professional Services Firms, or Just Bad Luck?

stocks plummet

Now a world of pain seems to be opening up for the UK’s only listed quantity surveyor Sweett Group. On 14th July it made a London Stock Exchange announcement confirming details of an investigation by the Serious Fraud Office (SFO) … Continue reading →

How to Reduce Risk of Lending to Small and Medium Enterprises

Bank Vault

In recent years large banks have been reluctant to lend to small and medium enterprises (SMEs). Smaller banks, relying on less sophisticated capital models than the bigger banks, are unable to take up the slack.  The consequence has been a … Continue reading →

Keys to Hiring New Graduates

Graduates

Summer is here, and the market is full of fresh graduates with skills and new ideas to offer your organization. I know many mid-sized organizations don’t have a formal college recruitment program, but it’s still important to attract this top … Continue reading →

Corporate Manslaughter Has Not Gone Away

pall bearer

A £40,000 fine might not sound much to one of the largest container shipping companies in the world, operating in 58 companies. But in this case it is perhaps the very size of the company concerned and the nature of … Continue reading →

Renewable Investors Face New (Uninsured) Risks from Government Drawbacks

wilting wind farm

Such has been the surge in investment in renewable energy projects, driven by political pressure to invest in less emission-intensive energy production and the provision of renewable energy incentives, that investment in renewables has now outstripped fossil fuel fired plants. Continue reading →

Don’t Hire Your Next Bad Claim: Safety in the Workplace

safety workmen

You can’t eliminate human error. You can’t eliminate accidents. But you can implement some key strategies to improve workplace safety. Continue reading →