Insights, News | February 6, 2024
Containing Commercial Flood RisksFlood risks are rising, but many business owners are still unprepared. Whereas homeowners have access to conventional flood insurance, obtaining coverage is challenging for businesses...
Insights, News | January 29, 2024
What New Product Liability Regulations Could Mean for Companies in the UK and EuropeNew product liability regulations are coming to Europe. The European Union has reached an agreement on a revision to its old product liability directive, and the updated directive will mean significant changes to modernise product liability...
Insights, News | January 22, 2024
Help Your Clients Mitigate Cryptocurrency ExposuresCryptocurrency has attracted investors from around the world. However, it has also attracted scammers looking to take advantage of a growing market...
Insights, News | January 8, 2024
Economic and Social Unrest Drive Businesses to Invest in SecurityCybercrime risks have received significant attention recently, but other types of crime continue to be a threat. Amid growing concerns over economic and social unrest, companies are facing elevated crime risks. As a result, many of them are increasing their security investments.
Insights, News | December 19, 2023
PFAS Risks in the UK and EuropeYou want some things to last forever, but dangerous chemicals aren’t one of them. Per- and polyfluoroalkyl substances (PFAS) are often called forever chemicals. Watchdogs are raising the alarm about the potentially harmful effects of forever chemicals, which could result in manufacturers facing mounting liability...
Insights, News | December 11, 2023
Generative AI Creates New Risk ExposuresOver the last year, some of the most impressive technological advancements have come from the development of generative AI. Businesses around the world are figuring out how they can leverage this technology to increase efficiency and profits.
Insights, News | December 4, 2023
Property Risk Management: How Tech Can HelpWith climate change risks increasing, construction costs surging, and property insurance rates rising, it’s in everyone’s best interest to manage property risks.
Insights, News | November 28, 2023
When Is a Cyberattack an Act of War?The nature of warfare is always changing. One of the most recent developments involves the use of cyberattacks by government-sponsored actors...
Insights, News | November 20, 2023
The Growing Importance of Crime InsuranceCrime is a major loss driver for many businesses, but many standard insurance policies do not adequately cover crime. As crime rates are increasing, brokers need to work with their clients to understand coverage gaps, manage risks, and secure appropriate crime insurance...
Insights, News | November 13, 2023
The High Cost of Insuring Electric VehiclesElectric vehicle sales are surging, but electric vehicle owners may have an unpleasant surprise awaiting them when they try to purchase motor insurance: insuring electric vehicles tends to be much more expensive than insuring petrol and diesel vehicles. Some insurers even refuse to offer coverage...
Insights, News | November 6, 2023
Mitigating the Growing Risk of Natural CatastrophesRising losses from natural catastrophes threaten both insurers and policyholders. Brokers are caught in the middle, having to explain premium price hikes while helping their clients secure coverage. Since the situation is likely to become worse, it is necessary to take action now to mitigate the growing risk of natural catastrophes.
Insights | October 17, 2023
Finding Insurance Solutions for Hard-to-Place RisksInsurers have been reducing coverages, increasing rates, and in some cases, pulling out of difficult and unprofitable markets. As a result, some policyholders are receiving notices of nonrenewal, and many are having trouble securing the coverage they need at a rate they can afford. This puts business owners, homeowners and the brokers who serve them in a difficult position, but even in this difficult market, there are insurance solutions that can help.