Most Directors and Officers Liability (D&O) policies include an important clause called Outside Directorship Liability (ODL). This crucial but often overlooked component of D&O insurance provides cover for senior leaders serving on the board of an external organisation. While the risk may seem relatively low, including ODL in any D&O insurance policy offers a valuable layer of protection and peace Read More…
Author: Tom Wood | Date: 14/06/2024
Author: Tom Wood | Date: 24/05/2024
Staffordshire Parcel Centre Fire: Insurance Considerations for Shared Warehousing
Categories: General
A fire erupted at a Staffordshire distribution fulfilment warehouse on the 9th of May, prompting businesses to evacuate and 10 fire engines to rush to the scene. Witnesses reported that plumes of black smoke billowing from the centre were visible from as far as 10 miles away. Fortunately, no casualties were reported, but the fire caused extensive damage to both the building and its contents.
Author: Tom Wood | Date: 10/05/2024
An estimated 185.6m working days were lost due to worker sickness in 2022, a record high. This was an increase of 35.8m on 2021’s figures and 47.4m up on those pre-pandemic; nearly three in ten instances related to minor illness. The year also saw the sickness absence rate reach its highest since 2004, at 2.6%. The absence rates of those Read More…
Author: Tom Wood | Date: 19/04/2024
Modular construction offers an efficient, cost-effective and sustainable alternative to traditional construction methods. It involves building structures off-site before transporting them to the construction site to be assembled and installed. In this article, we’ll explore the exciting possibilities of modular construction and recommend the best insurance policies so you can harness the full potential of this innovative building method. Why Read More…