Category Archives: Claim & Risk Control

Key steps for protecting your supply chain against terror attacks

aerial view of trucks traveling on a highway surrounded by green fields

Terror attacks on global supply chains are on the rise. A report from British Standards Institute (BSI) estimates a 16% year-over-year increase within the last decade, with terrorist organizations striking supply chains an average of once a week. The report … Continue reading →

Do design professionals have a fiduciary relationship with their clients?

Man sitting at a desk working on a computer and holding a tablet while a man and woman are standing at a table in the background

The question of whether a design professional is a fiduciary to their clients has been tested over the years. A recent movement has raised this question again that, if successful, would have broad legal implications for licensed design professionals. It’s … Continue reading →

Two key steps to help your organization mitigate the impact of a chemical attack

Woman in a white protective suit with a white cap, blue gloves and goggles dropping a liquid from a syringe into a test tube

We’re living in an era of unprecedented terrorist plots and attacks, where hazardous materials, including chemical agents, are now being used outside of warzones to harm civilians. The recent attacks in Dourma, Syria, and in Salisbury, U.K., serve as a … Continue reading →

Doors-off helicopter tours: Four things every operator should think about

Pilot standing in front of an open helicopter door while another man faces a woman who is climbing out of the helicopter

Do it for the ‘gram. That’s the world’s mantra these days: living for the Instagram photo instead of the experience itself. But now that pictures are seemingly worth a thousand likes, how far will people go to capture that double-tap-worthy … Continue reading →

In light of regulatory, tax changes, will Bermuda continue to be attractive to reinsurers?

Photo of St. George's Bermuda Town Hall

Long-term insurers have been attracted to Bermuda for its flexible regulatory environment, which gained Solvency II equivalence in 2016, potentially lower capital requirements and operating costs. But recent and impending regulatory changes have sparked concern among U.S. life and annuity … Continue reading →

The truth about workers’ compensation mega claims: Four key takeaways from our recent large loss study

Woman doctor wearing a lab coat and stethoscope holding a clip board while having a discussion with a man in a dress shirt

One of the most significant concerns for workers’ compensation insurance underwriters is a potential surge in claim costs stemming from the increased use of advanced medical technology. As treatments become more complex, more effective and more expensive, there is concern … Continue reading →

Are new laws that will make directors of holding companies accountable for the sale of distressed subsidiaries a charter for zombies?

black crow and a pigeon standing on a slab of concrete surrounded by water

I’ve written before about the extent to which English courts have been prepared to lift the corporate veil and hold a parent company responsible for the acts and defaults of another company in the same group. In the Chandler case, … Continue reading →

Can you rely too much on professional advice as a director?

two men conversing beside conference table in office

Blame the lawyers is a familiar refrain. As one myself, I recognize the accusation. There is perhaps a connection between the uncertain times in which we live and the stellar earnings reported recently by Magic Circle law firms. From sanctions … Continue reading →

Midyear update: Most dangerous risks for insurers in 2018

Close up of caution tape over a rail

In January, we wrote about 2018’s most dangerous risks for insurers, highlighting what more than 200 insurance managers cited as the top 10 risks to watch for the year. Now that we’re midway through 2018, it’s time to take a … Continue reading →

Learning about natural hazards: A recap of Willis Research Network’s spring seminar series

streets flooded around a building

This past spring, Willis Research Network (WRN) hosted a series of morning seminars that featured a number of research projects and partners. Topics ranged from severe convective storms to corporate risk profiling, and included findings from some of the WRN’s … Continue reading →