Category Archives: Executive Risk

Supreme Court victory for U.K. Financial Conduct Authority spells trouble for senior managers

The recent U.K. Supreme Court decision in Financial Conduct Authority V Macris has clarified the law—but not in a way that will give comfort to senior managers. Continue reading →

Guide to errors and omissions liability insurance for financial institutions

The concept of professional liability has expanded to include professions other than medical malpractice – like financial institution management. Continue reading →

A new regulatory threat for directors of U.K.-listed companies

You are a director of a U.K.-listed company but not its Chief Financial Officer. A significant error is discovered in the financial statements going back several years, as a result of which the accounts have had to be restated. If … Continue reading →

The English Court of Appeal holds a senior manager strictly to account for negligence

As a senior manager, can you be summarily dismissed under English law for gross misconduct not as a result of deliberate or dishonest conduct but instead due to a negligent failure to act, even when this has caused your employer … Continue reading →

Disruptive change and animal spirits stoke D&O risk

After escalating D&O risk in 2016, buyers will be looking for a reprieve in 2017. They may be disappointed. Continue reading →

The cyber risk of tax return fraud: what you should know

There are many opportunities for fraud during the creation, delivery and usage of tax documents during tax filing season. Continue reading →

What risks will emerge in 2017?

A look at the emerging risks for 2017 reveals two clear touchpoints: people and politics – and especially politics. Risk experts in areas ranging from human capital to transportation, from Washington, DC to Brazil are looking at the broad implications … Continue reading →

2017’s most dangerous risks for insurers

We took a list of over 50 risks commonly found on insurer risk registers, and asked, “Which risks present the most danger to your firm in 2017?" Continue reading →

Davos 2017: Responsive and responsible leadership in transportation

Some of the top minds in business and academia will converge on Davos again this week to take part in the 47th World Economic Forum. This year, delegates are convening to discuss the broad theme of Responsive and Responsible Leadership. … Continue reading →

Hong Kong to introduce new “Senior Managers Regime”

There was speculation, following the introduction of the Senior Managers Regime (SMR) in the U.K., that other regulators would follow suit and introduce similar regimes in their countries. It looks as if Hong Kong will now be the first to … Continue reading →