Buying a Management Liability Policy (MLP) is not just about safeguarding against the significant financial losses that can result from a tribunal or court award. A policy like this can also help prevent claims from progressing as far as a court by providing expert legal advice that enables a business to assess how to handle allegations or situations proficiently and Read More…
Author: Tom Wood | Date: 06/12/2024
Author: Tom Wood | Date: 02/12/2024
The allure of the North American market is undeniable. With millions of potential customers and a strong appetite for international goods, expanding into the US or Canada can be a very lucrative move. However, navigating the legal landscape across the pond requires careful consideration, particularly when it comes to Product Liability. Why is specialised US Product Liability insurance important? While Read More…
Author: Tom Wood | Date: 22/11/2024
This year has seen a surge in natural catastrophe (NatCat) losses, driven by events like Storm Boris in Europe and Hurricanes Helene and Milton in the US. This trend is set to continue due to climate change with warmer sea temperatures and changing weather patterns leading to more extreme weather events. These events underscore the increasing impact of climate change Read More…
Author: Tom Wood | Date: 25/10/2024
MLP or D&O insurance? Which do you need?
Categories: General
Business owners face a wide variety of risks evolving from both their duty of care and the regulatory landscape. The risk posed by regulatory or legal action is very real, with the potential for significant financial losses emanating from the costs of hefty legal fees and representation, as well as fines or compensation payments, is significant. This loss can affect Read More…