Every now and then something happens to create a new paradigm and it’s no exaggeration to say that 2016 was the year that brought about the most dramatic changes to health and safety enforcement and sentencing in the past fifty years. By any standards, the new guidelines introduced last year are pretty tough and they affect all companies, including those […]
Author: Tom Wood | Date: 09/02/2017
Author: Tom Wood | Date: 01/02/2017
Property insurance – what can go wrong?
Categories: General
Property insurance for your home can be one of the most important pieces of insurance you buy. It is important to ensure your home and valuables are protected and insured for the correct values otherwise in the event of a property insurance claim you may get a reduced amount paid. DO I HAVE ENOUGH PROPERTY INSURANCE OR AM I UNDERINSURED? […]
Author: Tom Wood | Date: 26/01/2017
Costs of data breaches
Categories: General
Data breaches are one of the most likely and most expensive threats to businesses. It is reported via the “2016 Cost of Data Breach Study” that the US has the highest data breach costs in the world. The study indicates the proportion of direct and indirect data breach costs varies by country, with the Arabian Peninsula having the highest direct […]
Author: Tom Wood | Date: 16/01/2017
This case below illustrates potential aggregation of cyber risk regarding third party service providers and which insurers fear the most due to the potential amount of claims. On the 21st October 2016 a distributed denial of service (DDoS) attack took down many of the world’s most popular sites including Twitter, Spotify, Netflix and more. This lasted several hours leaving many […]