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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

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

How a Large Information Technology Company Expanded Outpatient Coverage

Posted by Suresh Babu 04 July 2017

A large information technology company with more than 5,000 employees had an objective of providing a holistic care program to its employees. A pioneer in the health and benefits program, the company’s objective was also to become an employer of choice for prospective job applicants.

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Financial Institutions are One of the Most Targeted Organizations by Cyber Criminals

Posted by Bhishma Maheswari 03 July 2017

As a regulated sector, financial institutions, including banks, are greatly affected in the event of cyber-attacks, such as a data breaches. These institutions have to pay fines and penalties for losing personal identifiable information. They also tend to lose the most business and customers after a cyber-attack.

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