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Article 02/08/2022
Save for the various local authority trial zones where e-scooters are rented, insured and legal, their use beyond private properties is still illegal and uninsured. They are nonetheless an enormously popular mode of transport, and that popularity appears to be growing. Here we consider the current status of the trials, possible future regulation, and the potential risks for local authorities, offering our thoughts on how to mitigate against those risks.
Case review 27/07/2022
In this professional negligence claim, the Court observed “it is the duty of the lawyer to anticipate the unthinkable but predictable”, thereby reminding lawyers of the importance of considering and advising on all the risks, even if they consider a risk to be remote or unlikely to happen in the circumstances.
Article 22/07/2022
A roundup of the latest court decisions raising issues for the scope of the Quincecare duty; Section 90A of the Financial Services and Markets Act 2000, costs, disclosure applications and S13A (Insurance Act 2015) claims.
Article 21/07/2022
Caught in the throes of an unrelenting El Nino/La Nina cycle, the Climate Council has warned that the mounting cost of natural disasters could leave 1 in every 25 properties in Australia high risk and uninsurable by 2030. In this article we explore the costs of, possible responses to and exposure lines of insurance have to climate change.
News 20/07/2022
We are pleased to continue US expansion with the strategic addition of three new partners, further enhancing our US and Bermuda insurance claims and coverage bench.
Article 19/07/2022
The Bank of England has published its findings following the Climate Biennial Exploratory Scenario it set for seven banks, five life insurers, six general insurers and ten Lloyd’s syndicates (UK entities only) over the past year.
Article 19/07/2022
In June 2022, HM Treasury published its response to a consultation issued in July 2021 which proposed the introduction of a Senior Managers & Certification Regime for certain Financial Market Infrastructures (FMIs). This article provides an overview of what the Regime is expected to involve and how it could impact individuals engaged by FMIs and management liability insurers.
Article 14/07/2022
Environmental, Social and Governance (ESG) commitment has become of increasing significance to businesses. However, there is currently no standard approach within the ESG ratings industry which has led to a lack of consistency in ESG assessments. In this article, we explore the challenges this inconsistency has created for businesses and how their ESG commitments are perceived.
News 13/07/2022
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
Report 13/07/2022
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.
