Category Archives: Insurance and Risk Management

The truth about directors’ duties in the U.K. and the business judgment rule

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Between 1742 and 2017 it seems there have been 130 cases in which the discharge of directors’ duties in the specific context of the business judgment rule has come under scrutiny by the English courts. In 82 of these, the … Continue reading →

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 →

An employer’s guide to offering identity theft protection coverage to employees

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Identity theft protection (ID theft protection) is one of the fastest-growing benefits offered to employees today. But like many offerings that are relatively new to the market, employees may not fully understand how it works or what features such as … Continue reading →

Expansion has its challenges: Realizing the risks of China’s Belt and Road Initiative

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The cornerstone of Chinese foreign policy provides domestic businesses with an opportunity to expand into new territories and develop new products and services. But there are dangers lurking within the possibilities. It’s a maxim in the insurance industry that with … Continue reading →

Eight key considerations for chief risk officers now that strategic planning is over

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Business planning for most insurers wrapped up a few weeks ago. For a chief risk officer (CRO) these sessions offer a key opportunity to share insights on the risks companies may face in the coming year, provided they have a … Continue reading →

5 cyber insurance trends to watch in 2019

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What will cyber insurance buyers face in the coming year? Here’s a snapshot of the top five trends to watch, based in part on our 2019 Insurance Marketplace Realities Report: Cyber risk. 1. Pricing will remain stable, and capacity will … 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 →

What could the Prudential Regulation Authority’s proposal on managing climate change risk mean for insurers?

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The launch of a consultation paper on the approaches to managing financial risks arising from climate change will transform the way that organizations do business. But how should insurers react – and what are the risks? The Prudential Regulation Authority … Continue reading →

Beware of the relentless spread of personal accountability across borders

Man sitting in the window seat of an airplane looking at a laptop

The acronym FSB probably conjures up for you the Federal Security Service of the Russian Federation, but it also stands for the less well known Financial Stability Board. This is a body established to coordinate at an international level, the … 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 →