Inattention to detail can lead employees to overlook indemnification in contracts, forget critical safety protocols, or exercise poor judgment while driving.
“The digital transformation of businesses has created new types of exposures while exacerbating existing ones. No longer are executive risks limited to the office; they now penetrate digital channels both in our work-from-home setup and our traditional workplace.”
Competencies in creativity, communications and problem-solving are in high demand, particularly in specialty insurance. People with dyslexia can help fill the skills gap.
Procuring insurance coverage for fine art collections is becoming a challenge in areas prone to natural disasters, but there are practices collectors can put into place to help.
Due to the rapid growth of TPLFs and their increased involvement in litigation, cases often take a year longer to resolve than they would if a TPLF was not involved in the case.
These tools can help underwriters navigate the troubled waters of property catastrophe losses resulting from more frequent and severe natural disasters.
Some insurers have stopped covering climate change-related risks, opening opportunities to the excess and surplus market. E&S and specialty lines are well-suited to it, with dedicated claims and underwriting teams to take on severe weather-related exposures.
Succession planning is a challenge for small- to mid-size businesses. And the oft overlooked buy-sell agreement can leave companies vulnerable to financial ruin.
More than 2,700 risk managers on campuses around the world peer inside their URMIA toolbox regularly for education, collaboration, and inspiration to help them manage the infinite number of risks that are found and emerging on today’s higher education campuses.
Our forecast for the state of the D&O marketplace for the rest of 2022 is one of increasing competition at all layers and across industries, leading to significant rate improvements.
When it comes to cyber threat actors, the methods they use to infiltrate a system are always changing. Here’s a look at what organizations should keep top of mind to stay ahead of attack.