News
“HACK ATTACK” (THE NEGOTIATOR MAGAZINE - NOV 2023)
Great Cyber Security article in November 2023 edition of The Negotiator magazine by Adam Walker and the need for insurance protection.
“5G NETWORK CYBER CLAIMS SET TO BECOME ‘MORE PREVALENT’” (INSURANCE TIMES - MAY 2023)
Interesting read from Insurance Times on potential cyber threats on the 5G network.
“MANAGING THE EVER-PRESENT RISK OF CYBER ATTACKS” (INSURANCE TIMES - APR 2023)
Great article in the Insurance Times on Cyber risk mitigation with some useful tips and statistics.
“KEY CONTROLS LINKED TO DECREASED RISK OF CYBER INCIDENTS - REPORT” (INSURANCE BUSINESS UK - APR 2023)
Insightful article from Insurance Business UK on cyber incident prevention and top five controls according to a recent report.
“HIGH NET WORTH CLIENTS WANT MORE CRIME AND SECURITY GUIDANCE - SURVEY” (INSURANCE BUSINESS UK - MAR 2023)
Over 50% of high net worth individual clients have been victims of crime in 2022 according to a survey from Ecclesiastical. This has increased the need for crime prevention guidance from insurance brokers and insurers.
Read the full Insurance Business UK article.
“INSURERS FACE £219M BILL AS HEATWAVE DRIVES SURGE IN SUBSIDENCE CLAIMS” (INSURANCE AGE - MAR 2023)
Subsidence claims in 2022 after the heatwave have been the highest since 2006 with expected payouts totalling £219m.
Read the full Insurance Age article here.
“INSURANCE FOR SMALL BUSINESSES: EVERYTHING YOU NEED TO KNOW” (INSURANCE BUSINESS UK - MAR 2023)
Ever wondered what insurance is required for small businesses, whether you are compliant and if not, what are the risks?
Check out the comprehensive Insurance Business UK guide here.
“COULD ESG RISKS DRIVE A NEW WAVE OF D&O CLAIMS?…” (INSURANCE BUSINESS UK - MAR 2023)
How can company Directors and Officers be affected by or be liable for ESG challenges - can too much be a bad thing?
Interesting insight from Insurance Business UK on how D&O liabilities and risks are impacted by ESG initiatives.
“COURT BID TO PROTECT AGAINST ‘GHOST LANDLORDS’ FAILS” (BBC NEWS - MAR 2023)
"Ghost Landlords" in the news amidst a call for protection for rental tenants and property owners. Who is ultimately responsible for Rent Repayment Orders in rent to rent arrangements?
Source – BBC News
“‘GREENWASHING’ - UNVEILING THE EFFECTS OF ECOLOGICAL VIRTUE SIGNALING” (INSURANCE BUSINESS UK - FEB 2023)
In a world that is putting increasing emphasis on corporate ESG, what are the dangers of "greenwashing" and how can businesses avoid this risk?
Great article here from Insurance Business UK.
“SHELL DIRECTORS PERSONALLY SUED OVER ‘FLAWED’ CLIMATE STRATEGY” (THE GUARDIAN - FEB 2023)
Interesting read from The Guardian on Environmental issues affecting company Directors and Officers.
“THE CYBER MEN ARE COMING”- AN ARTICLE BY OLIVER WHARMBY (A MINT DIRECTOR) AS FEATURED IN THE FEBRUARY 2023 EDITION OF THE NEGOTIATOR MAGAZINE
“It’s not if, it’s when… cyber-crime is almost certain to affect your business, such is the onslaught of attacks from the dark web, says Oliver Wharmby.
Not a days goes by without cyber security being in the press in one way shape or form. Cyber and Cyber Crime claims are now making up more than 50 per cent of all claims in the insurance market and property professionals are by no means immune, yet the complacency around cyber liability insurance remains staggeringly high.”
(Oliver Wharmby - The Negotiator - February 2023)
“INSUREDS PRIORITISING CYBER COVER AS THEY CUT COSTS ELSEWHERE” (INSURANCE TIMES - FEB 2023)
How are businesses prioritising their insurance cover in order to cut costs? This article from Insurance Times investigates firms placing an importance on Cyber and a decrease in Business Interruption cover.
“COMMERCIAL LINES UNDERINSURANCE - ASSESSING THE ROLE OF THE INSURANCE BROKER” (INSURANCE BUSINESS UK - FEB 2023)
How are insurance firms proactively dealing with underinsurance in the commercial lines market?
(Article by Insurance Business UK article - Jan 2023)
“UNDERINSURANCE IN THE COMMERCIAL LINES SECTOR” (INSURANCE BUSINESS UK - JAN 2023)
The FCA have warned insurers to value insured assets properly both in personal and commercial lines.
(Article by Insurance Business UK - January 2023)
“BIBA FLAGS CONCERN ON BUSINESSES CUTTING CYBER COVER” (INSURANCE AGE - JANUARY 2023)
British Insurance Brokers' Association (BIBA) highlights the need for cyber cover, especially for SMEs.
(Article from Insurance Age - January 2023)
“AVIVA PUBLISHES ANNUAL UK RISK INSIGHTS REPORT (2023)” (insurance business uk - Jan 2023)
What risks are UK business owners placing their priorities and how is this changing from the previous year? This article looks at the Aviva Risk Insights Report for 2023 and also highlights the importance of adequate cover for businesses.
(Article from Insurance Business UK - January 2023)
“INSURERS BRACE FOR EMPLOYERS’ LIABILITY CLAIMS AS COVID AND FLU ‘TWINDEMIC’ RAMPS UP” (INSURANCE TIMES - JAN 2023)
“Twindemic” combination of Covid-19 and flu may influence employers’ liability claims.
(Article from Insurance Times - January 2023)
“MEETING COMPLIANCE STANDARDS REQUIRES PROACTIVE MINDSET FROM BUSINESSES” (INSURANCE BUSINESS UK - JAN 2023)
Why increased compliance will help businesses navigate through regulation and save costs/energy in avoiding malpractice lawsuits
(Article from Insurance Business UK - January 2023)
“QUICK THAW DELIVERED MAJOR CLAIMS IMPACT FROM UK COLD SNAP” (INSURANCE TIMES - DEC 2022)
UK Sub-zero temperatures in December 2022 results in a flurry of flood and escape of water claims. How are insurers reacting?
(Article from Insurance Times - December 2022)