As technology becomes increasingly important for successful business operations and the General Data Protection Regulation (GDPR) promises much stricter penalties for lax data security, the value of a strong cyber liability insurance policy will continue to grow. No matter your business’ size, location or industry, the nature of the modern business world exposes you to
Experts have voiced a range of worries to MPs reviewing the Automated and Electric Vehicles Bill, suggesting the proposed new laws leave gaps in protecting the public. The Government has published its Automated and Electric Vehicles Bill (AEV Bill), designed to support the uptake of electric vehicles and create legislation around evolving driverless car technology.
It doesn’t matter how stimulating the role is or how in tune a company is with personal values, that uncomfortable chair or cluttered office workspace can be enough to grate against an employee’s morale. If you’re putting so much effort into creating a great place to work, don’t forget to tune in to smaller changes,
The insurance industry is working with a group of behavioural experts to research the best way to tackle undetected insurance claim fraud, estimated to be worth £2billion per year. Undetected fraud could be worth as much as £2billion per year to the insurance industry, from faked or exaggerated claims to misinformation resulting in inaccurate premiums.
On 22 November, Philip Hammond, Chancellor of the Exchequer, delivered the Autumn Budget 2017, his second Budget as Chancellor. Hammond focused on the United Kingdom’s ‘bright future’, declaring that the Budget supports ‘families and business in the near term’ while also supporting ‘growth in the long term as the United Kingdom forges a new relationship
It can take a while for business operations to be fully up and running again if you’ve been caught out by a flood. Before you rush into a clean-up job, take note of these flood recovery dos and don’ts so you don’t risk your own health on top of your business. There’s not much point
The old adage ‘one thing after another’ has rarely seemed truer than in 2017, with the relief efforts to help victims of one storm, hurricane, flood or earthquake barely under way before another part of the world is hit with natural disasters. In August, Hurricane Harvey caused 80 deaths and tremendous flood damage across the
Over the last several years, UK regulations have expanded the scope of directors and officers (D&O) liability—and that trend shows no signs of stopping, according to a recent survey from international law firm Allen & Overy. According to the survey, D&Os are exposed to a higher amount of personal liability than ever before. Since the
Many UK businesses risk their own survival by remaining underinsured. This occurs when a business has insufficient cover to meet its needs, whether that means its assets are valued and insured at less than their true value, its limit of indemnity is too low or its maximum indemnity period is too short. Unfortunately, underinsurance is
As property and car owners survey the extensive damage caused by Storm Ophelia, the worst hurricane in Ireland’s recorded history, we ask what is covered by insurance and what isn’t. In October, Storm Ophelia caused winds of up to 96mph to rip through Britain and Ireland. The effects were most severely felt in Ireland, where
