A recent appeal against a High Court ruling has highlighted the complexities surrounding co-insurance agreements. It has also shown that both verbal understandings and actual signed contract wordings need to match, in order for the terms of the co-insurance to apply in the manner to which the parties to the agreement might anticipate. This was not the situation with regard […]
Author: Tom Wood | Date: 26/10/2023
Author: Tom Wood | Date: 10/10/2023
The rise of AI has, significantly but unsurprisingly, led to an increase in criminals using platforms such as ChatGPT and WormGPT – a new generative tool, designed specifically for malicious activities – to assist them in committing cyber crimes.1 AI has prominently been used by cybercriminals in Business Email Compromise (BEC) attacks. The National Cyber Security Centre has defined a […]
Author: Tom Wood | Date: 22/09/2023
Thousands of businesses will be required to have terror-security and terror-attack response measures in place under UK law, and have been urged to act sooner rather than later. May 2023 saw the publication of the draft Terrorism (Protection of Premises) Bill, (Martyn’s Law)1 – the result of passionate campaigning by the mother of Manchester Arena attack victim, Martyn Hett. The […]
Author: Tom Wood | Date: 13/09/2023
In an era marked by soaring living costs, businesses across sectors are grappling with the need to cut back on expenses. Unfortunately, one area where these cost-cutting measures often manifest is in insurance coverage. In fact, 44% of SMEs don’t have any insurance, and up to 40% could be underinsured.1 Every business, regardless of its size or industry, exposes itself […]