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XTimely blogs from our risk and insurance experts on the issues and trends that affect your business – and your bottom line.
RECENT POSTS
The New Zealand liability insurance market continues to navigate a variety of challenges as we move through the final quarter of 2020. The already challenging liability market has experienced the compounding impact of the COVID-19 pandemic on the global economy and insurance market.
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New Zealand’s current hard market conditions are characterised by pricing correction and capacity remediation for our most vulnerable earthquake zones, particularly the Wellington region. Whilst insurers have been taking corrective action around earthquake capacity for the last four years and have potentially reached the market’s corrective threshold but capacity in the Wellington region is finite and insurers have little scope for growth.
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The New Zealand liability insurance market continues to navigate a variety of challenges as we move into the final quarter of 2020. The already challenging liability market has experienced the compounding impact of the COVID-19 pandemic on the global economy and insurance market.
Read more
TRENZ a showpiece tourism industry event for New Zealand was impacted by the COVID-19 pandemic. However, it was covered by an Event Cancellation Insurance (ECI) policy.
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As cyber risks for universities and ransomware attacks increase during the pandemic, higher education institutions become prime targets for cyber-attackers.
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As technology users, the COVID-19 pandemic has brought to light concerning threats that we have to consider, both in terms of our roles as employees but also as individuals conducting our daily lives.
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Marsh has seen an uplift in malicious activity claims including ransomware, which is crippling organisations and their operations. See what you can do to ensure your business remains resilient against cyber attacks.
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Contractual Implications of Cyber Risk: Is Your Insurance Adequate?
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Underinvestment in cyber insurance can leave organisations vulnerable, but cyber insurance is a proven and effective way to transfer residual risk.
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In challenging times, when there may be customers unable to pay debts, it is crucial for companies to familiarise themselves with policy terms and conditions.
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