A significant number of leaders of small and medium-sized enterprises (SMEs) in the United Kingdom perform a lot of tasks outside their job descriptions, instead of outsourcing these to insurance brokers, recruiters or IT specialists, according to research carried out …
The vast majority of UK businesses (70 percent) are failing to address the importance of embedding a positive risk culture*, according to survey conducted by UK business insurance specialist QBE European Operations, which is part of Australia’s QBE Insurance Group. …
The UK’s Financial Conduct Authority criticized the insurance industry for “poor practices” and “significant” failures in handling claims for small and medium-sized enterprises (SMEs). The regulator said a review of the experiences of business customers showed more dissatisfaction with insurers …
Two-thirds of small and medium business leaders in the United Kingdom are not aware of what directors & officers insurance is, according to new research by Allianz Insurance, one of the largest general insurers in the UK and part of …
Research conducted for the British Insurance Brokers’ Association (BIBA) found that leaders of British small and medium-sized enterprises (SMEs) do not always read their insurance documents, with over one quarter (29 percent) admitting that they never read the entire policy. …
Fraud cases are on the rise and the profile of fraudsters is changing to include more young individuals seeking to fund extravagant lifestyles, according to ACE Group. As pressure on bank balances grows after the traditional Christmas excesses, ACE warns …
Specialist lines underwriting agency CFC has launched an intellectual property product focused on small and medium sized companies. The product can cover the costs associated with a number of intellectual property exposures including infringement. According to Erik Alsegard, Intellectual Property …
Catlin UK, a subsidiary of Catlin Group Limited, announced that it has “teamed with risk mitigation and loss reduction specialist Global Continuity” to include an enhanced disaster recovery plan, “BusinessAssist,” in its property insurance policies tailored for small to medium …
