The Scariest Risk of All: Irrationality

irrational fear

Much of the news we receive and ‘drama’ we watch on television (or online) is focused on the consequences of terrible things happening. If we believed every word of it we’d be convinced that we are on the verge of … Continue reading →

Is a Company Director Entitled to Compensation for a Failed D&O Claim?

safety-net-holes

What happens when there has been a failure to notify a claim on behalf of a company director and the relevant D&O insurance policy has since expired? Can the director apply to the Financial Services Ombudsman for compensation against the … Continue reading →

Emerging Threats to Airports, Aircraft and Staff

airport explosion

For corporate travellers, expatriates, airlines and ground facility providers, an upsurge in internal conflict and the proliferation of terrorism are driving threats specific to airports which heighten risks to people and assets both in the air and on the ground. Continue reading →

More Regulation, Bigger Hacks, Less Clarity, Higher Costs

computer securitiy

There has been much press in recent months regarding a growing spectrum of data breaches involving credit card, health care and financial data. Over the past year, the severity of data breaches is on the rise. Hackers had been targeting … Continue reading →

OSHA Enforcement Applies to Real Estate and Hotel Entities

workplace regulation

Since the enactment of the Occupational Safety and Health Act (OSHAct) in 1970, nearly all U.S. employers have the responsibility to: “Ensure each of his employees employment and a place of employment which are free from recognized hazards that are … Continue reading →

Marking the Close – Old Fraud by New Means

trader computer

The US Security and Exchange Commission (SEC) recently fined a high-frequency trading firm a cool $1 million to settle charges that the firm had used their sophisticated algorithmic trading system to “mark the close” or “bang the close.” “Marking the … Continue reading →

Marketplace Realities: Edge of a Cliff?

Marketplace-Realities_Oct2014

It’s long been common wisdom in the insurance business that whatever we say about rates should come with an asterisk. The asterisk refers to a note that says something along the lines of, “Of course, in the event of a … Continue reading →

The Divided Airline Insurance Marketplace

Aviation insurance mktplace

When tragic airline losses filled our screens this past year, the airline insurance marketplace was braced for some heavy turbulence and an end to what’s been a long soft market. Many of us have been surprised by what’s transpired. Rates … Continue reading →

How Hackers Use Social Engineering to Breach Your Company’s Defenses

handing over the keys

It’s easier to exploit an employee’s natural inclination to trust than it is to hack security software for unauthorized access. Continue reading →

Why Would you Choose Captive Solution in a Soft Market?

captive currency

In this short video interview for Re360.co I explain why, despite the current soft market, large and sophisticated insurance buyers are increasingly considering the use of captives as part of an integrated risk management programme. Continue reading →