Cannabis farms are increasingly being found in shops, offices and other rented commercial premises, leaving landlords exposed to fire, water damage, dangerous electrical alterations and lengthy periods of vacancy, Zurich UK warns.
Jacqueline Jeter, independent risk adviser at Source Visioneering LLC, argues that a growing layer of risk work is happening outside traditional in-house functions, with implications for talent, standards and supply-chain due diligence.
There is a feeling among risk practitioners that theoretical risk management has strayed from our intuition of the world in which we manage risk daily
‘Clients [that] are using informal channels can create contractually and legally binding agreements and, if they then default on those agreements, or if they don’t deliver what the customer thought was being promised, then there’s a risk of being exposed to a claim,’ says partner
Malta must reinforce its efforts to promote itself internationally in order to attract investors, hears conference
Local authorities are reassessing their risks, however, an increased focus on self-insurance creates new exposures to manage, says Gordon Winstanley, public sector lead at McLarens
The UK and US have new bribery laws, just as developing countries demand more local involvement in western companies’ work. Neil Hodge looks at hom businesses should protect themselves
Since 2016, Berkshire Hathaway Specialty Insurance (BHSI) has taken a measured, disciplined approach to building its presence and product lines across Europe. Alessandro Cerase, Head of Europe at BHSI, shares the company’s latest advances and future plans in the region.
Negligence claims against lawyers are growing in severity. Travelers Europe senior risk management consultants Philippa Wilkin and Paul Smith explain why distraction caused by technology could be at the heart of the problem.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions