August 9, 2011
London-based specialized agency Sportscover announced that it has been selected as the “Official Insurance Partner for the Yonex BWF World Badminton Championships. The event, staged by BADMINTON England, will take place at Wembley Arena, London, between 8th and 14th August …
July 21, 2011
One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year. The dispute …
June 27, 2011
Liberty International Underwriters (LIU) and Liberty Syndicates have launched a joint initiative to provide war and terrorism insurance capacity for Middle Eastern risks. “LIU will distribute its product through Middle Eastern brokers and provide customer service from its regional office …
May 20, 2011
Willis has responded to the “increasingly challenging” regulatory environment in the UK by introducing an enhanced professional liability product with the acronym DARCSTAR, which stands for Directors’ All Risk Cover. Coverage is obtained through FINEX Global, a part of Willis …
May 16, 2011
Global businesses do not understand the intellectual property risks facing their organizations or the value of their intangible assets, a new report says. Three-quarters of organizations are unable to identify the proportion of their firms’ value that could be attributed …
May 6, 2011
Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money. “We have a …
April 29, 2011
The Royal Wedding today at Westminster Abbey has virtually taken over the UK, as millions of residents plan local celebrations in honor of the Prince William and Kate Middleton’s marriage. According to , “it is estimated that as many as …
April 26, 2011
Aon Risk Solutions, the global risk management business of Aon Corp., in the UK, has been appointed the global insurance broker for the McLaren Group. It will be responsible for both the Group’s Formula 1 team, Vodafone McLaren Mercedes, and …
April 22, 2011
London-based United Insurance Brokers and Space Partnership International have recently placed insurance for commercial payloads flying on the penultimate STS Shuttle mission (STS134), currently scheduled for the 29th April. The coverages for the mission have been underwritten by Starr Aviation …
April 22, 2011
Lockton has announced the launch of a package of risk management solutions called “Enterprise Disruption Contingency Insurance designed to help companies cope with previously ‘uninsurable’ risks.” Lockton said the coverage “offers an innovative ‘umbrella solution’ for such grey area risks …