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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

A New London Market Insurance Endorsement on Communicable Diseases

Posted by Stephen Harris on 14 April 2021

A new insurance endorsement excludes a communicable disease following a public health emergency of international concern for marine and energy liability.

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Relate to: Energy , Marine

Ever Given Grounding: Suez Canal Closure Highlights Marine Industry Risks

Posted by Stephen Harris on 07 April 2021

The recent grounding and subsequent re-floating of the mega-ship Ever Given in the Suez Canal highlighted the fragility of global supply chains. This event snarled global marine traffic at a time when supply chains are still recovering from disruptions related to the COVID-19 pandemic.

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Relate to: Marine

Audit and Corporate Governance: New UK Proposals for Directors

Posted by Stephanie Manson on 31 March 2021

On Thursday, 18 March the UK’s Department of Business, Energy, and Industrial Strategy released its long awaited proposals for audit reform and corporate governance, entitled “Restoring trust in audit and corporate governance.”

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What is the best practice regarding employees and COVID-19 testing?

Posted by Darren Holmes on 16 March 2021

In February 2021, the UK Government announced support to provide targeted, rapid testing in all key workplaces to ensure vital public and economic services can continue.

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Related to: Marsh Risk Consulting

Refurbishment Fit-Out Works: How To Purchase Construction Insurance In A Tough Market

Posted by Kate Fairhead on 08 March 2021

In the second of our articles exploring refurbishment risks, we look at how the viability of projects can be increased by careful navigation of the challenging construction insurance market.

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Related to: Construction

Tax Insurance: Protecting Your Tax Losses

Posted by Leon Steenkamp on 04 March 2021

Guidance on how tax insurance can help companies protect their tax losses in order to secure future tax savings.

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Refurbishment Works: How Construction Insurance Price Rises Could Affect Fit-Out Projects

Posted by Kate Fairhead on 01 March 2021

While “don’t demolish, refurbish” is a sustainable, time-friendly option for redevelopment schemes, insurance market changes could reduce its cost-effectiveness. Read the first of our two-part article series to find out why.

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Related to: Construction

How Integrated Project Insurance is Changing Construction Project Risk

Posted by Andy Desmond on 12 February 2021

The dominance, and disadvantages, of traditional design and build procurement are being challenged by a new generation of advanced insurance-backed alliancing (IBA) contracts.

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Managing Risk at the Intersection of Technology and Engineering

Posted by Monica Tigleanu on 10 February 2021

Recent exclusions highlight the challenges presented by silent cyber and the much-needed coverage for cyber physical risk. More collaboration between IT, OT and engineering will prompt better understanding.

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Cyber Decoder: December 2020 - How Ransomware Will Affect the Cost of Cyber Insurance

Posted by Shrey Grover on 16 December 2020

Ransomware attacks have been on the rise during the pandemic, and businesses may face rising insurance premiums. Discover practical steps businesses can take. 

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