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Risk in Context Blog

Timely blogs from our risk and insurance experts on the issues and trends that affect your business – and your bottom line.

RECENT POSTS

Fantasy Sport - Enjoy the Ride but Play is Safe!

Posted by Arjun Sharma 23 May 2019

In the last couple of years, aided by a rapid digitalization wave, the participation in fantasy gaming platforms in India has exploded, increasing ten-fold to around 20 million people.

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Trade Credit Insurance: A Necessity for Modern Corporates

Posted by Akshay Bhardwaj 25 April 2019

In a modern economy that is heavily dependent upon international trade, issues such as protracted default, insolvent buyers, and political uncertainty are ever-present. Unfamiliarity with new buyers and markets may deter sellers from extending the necessary credit required to conduct domestic or cross-border business. The issue can be more pronounced in volatile regions, where concentration of the credit risk may pose a particular concern.

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Healthcare and Cyber Security Risks

Posted by Prashansa Daga 24 July 2018

To understand just how concerned healthcare providers should be about cyber risk, consider this - private health information is now more valuable on the black market than most other forms of personally identifiable information (PII).

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Structural Defect Insurance: A necessity for Construction Business

Posted by Aneesh Moorkath 25 June 2018

A reputable construction firm in India discovered irregularities in a flagship project pertaining to the structure of one of its key buildings just after handover.

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Related to: Construction , Real Estate

Policyholders First: How Banks Must Use Insurance to Cover Risks

Posted by Sanjay Kedia 14 March 2018

The Indian banking sector has been attracting lot of public attention of late. Be it the recent fraud reported at a major public sector bank, NPA resolution, the need for recapitalisation and the impact on fiscal deficit or rising cyber-crime. 

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Bollywood Movies: An Insurance Perspective

Posted by Niladri Bhattacharya 14 March 2018

With the controversy surrounding a recent Hindi movie it is a good time to review how film or entertainment insurance policies have developed in India.

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Union Budget 2018: Focus on Healthcare and Insurance

Posted by Mohit Agarwal 20 February 2018

Union Budget 2018 has proposed a host of measures which is expected to transform the Indian healthcare system.  The hallmark of the Budget pertaining to health insurance rests in three A’s – Adequate Insurance, Adequate Care and Adequate Access. By working towards these three As, budget shifts the attitude from “ease of doing business” to “ease of living”.

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Cybersecurity: Considerations for Directors and Officers

Posted by Oliver Howell 29 September 2017

Cyber security clearly is a boardroom issue for Directors and Officers now, what you should do to transfer the risks of liability out?

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Six steps to reduce cargo claims in the Monsoon

Posted by A. Rajan 05 September 2017

The period from June to September is the rainy season or monsoon in India. In the states of Tamil Nadu and Karnataka, the rains continue until November. Cargo plays a vital role in supply chain management. Any disturbances due to monsoon can lead to cargo claims and affect a business organizations supply chain.

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Related to: Claims , Claims Management

Extreme Weather Events: Dealing with the Aftermath

Posted by Wendy Lim 30 August 2017

A series of extreme weather events around the world in the past couple of weeks devastated cities, took lives, damaged property, and disrupted businesses. Marsh offers insurance claims tips for these, and similar weather and natural catastrophe events in future.

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Related to: Claims , Claims Management