White Papers

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Advisen published the below white papers, in conjunction with some of the leading insurers, insurance brokers, and professional organizations that service the insurance industry.

Recent White Papers

Reputational Risk Has a Bad Reputation

Is it possible that the perceived threat of reputation risk is worse than the actual damage? In this paper we investigate if “Reputational Risk Has a Bad Reputation”?

Managing a Globally Compliant Insurance Program

This paper outlines the need for a globally compliant insurance program designed to accommodate country-specific regulations while still being aligned with an organization's overall risk finance structure.

Hospital Disaster Preparedness: Worker Safety

Advisen wrote a white paper that draws on lessons learned from major catastrophes to examine how hospitals can best prepare to protect the health and safety of staff under extreme conditions while still effectively meeting the needs of the community.

Quarterly D&O Claims Trends: Q3 2014

Advisen wrote a white paper that reports on the frequency and severity of securities suits, including class actions, breach of fiduciary duty suits, regulatory actions and derivative actions.

Complete the Picture: A Spotlight on the EPLI Market

Advisen has worked with AIG to research and produce this report into the US EPLI market for public and private companies. The report compiles a combination of proprietary Advisen data and research, interviews with key market executives and claims case studies.

Quarterly D&O Claims Trends: Q2 2014

Advisen wrote a white paper that reports on the frequency and severity of securities suits, including class actions, breach of fiduciary duty suits, regulatory actions and derivative actions, providing insights on emerging trends by suit type, allegation type and industries being targeted as defendants.

Cyber Sanity

July 2014 Advisen will host a webinar that will examine why traditional approaches to cybersecurity and online privacy fail and offer a comprehensive approach to securing information that can radically simplify cybersecurity. The webinar comes with an associated white paper that looks at the various facets of cyber sanity. Both the webinar and the associated white […]

Hacked! When cyber thieves clean out a corporate bank account

June 2014 Advisen hosted a webinar and wrote a white paper that examined corporate bank account takeovers. Both the webinar and the associated white paper are sponsored by OneBeacon Professional Insurance. Examining Risk Mitigation Strategies Against Cyber Thieves Corporate account takeovers – typically committed via phishing, social engineering, or other schemes – have proven a challenge to both […]

How Not to be the Last Man Standing in a Products Liability Lawsuit

July 2014 This paper provides an overview of an approach to consider as a solution to an outrageous court verdict in a product liability lawsuit in the aviation industry. The free, 4-page paper is written by the Aircraft Builders Council. Effectively Responding to an Aircraft Products Liability Lawsuit A jet manufacturer, a jet engine manufacturer, an avionics […]

State of the Commercial Property/Casualty Insurance Market

May 2014 Advisen hosted a webinar and wrote a white paper that discusses pricing, capacity, and coverage in the U.S. Commercial Property/Casualty Insurance Market. The webinar and the free, 8-page white paper are sponsored by Allied World. Examining the Property/Casualty Insurance Market The property/casualty insurance industry reported strong performance in 2013. Reports from major insurers show […]

Traumatic Brain Injury Liability: What Education Institutions Need to Know

May 2014 Advisen hosted a webinar and wrote a white paper that examine the traumatic brain injury (TBI) exposures faced by educational institutions. Responding to Risks Related to Traumatic Brain Injuries In recent years, awareness of the effects of Traumatic Brain Injuries (TBI) has grown at the high school and collegiate levels. In response to […]

D&O Liability and Insurance for U.S. Multinational Companies

April 2014 Advisen hosted a webinar and wrote a white paper that analyze the risks to directors and officers of multinational companies. This free, one-hour webinar and the associated paper are both sponsored by ACE. Purchasing Appropriate D&O Protection Companies of all sizes – both public and private – are participating in the global economy. […]

Quarterly D&O Claims Trends: Q1 2014

April 2014 Advisen hosted a webinar and wrote a white paper that reports on the frequency and severity of securities suits, including class actions, breach of fiduciary duty suits, regulatory actions and derivative actions, providing insights on emerging trends by suit type, allegation type and industries being targeted as defendants. Analyzing D&O Claims Trends The […]

2014 Network Security and Cyber Risk Management in the Asia-Pacific Region

April 2014 Advisen wrote a white paper that provides insight into the current state and ongoing trends in network security and cyber risk management in the Asia-Pacific region.The free, 15-page paper is sponsored by Zurich. Examining the Role of Insurance in Network Security and Cyber Risk Management For the first time, Advisen Ltd. and Zurich […]

Insurance Capacity and Coverage Considerations in a Robust Energy Market

March 2014 Advisen hosted a webinar and wrote a white paper that examines trends in the energy industry, the current state of the energy property insurance market, and the coverage and capacity issues facing the industry today and in the future.The free, 15-page paper is sponsored by Aspen Insurance. Analyzing the Energy Insurance Industry in […]

Show me the Money (Faster!)

March 2014 Advisen wrote a white paper that discusses Straight Through Processing (STP) and the implementation of the electronic initiative in the insurance business. The free, 4-page paper is authored by James Willison, CEO of Web Connectivity Limited, the leading supplier of ACORD messaging gateways in the London market. Web Connectivity is owned by Advisen […]

2014 Network Security and Cyber Risk Management in Europe

February 2014 Advisen wrote a white paper that presents the results of a survey designed to gain insight into the current state and ongoing trends in network security and cyber risk management in Europe. The 11-page paper is sponsored by Zurich. Incorporating Cyber Strategies into Risk Management Programs Risk managers, senior executives and board members […]

The Liability Impacts of Healthcare Reform

February 2014 Advisen hosted a webinar and wrote a white paper that looks at the forces at work in the healthcare sector and how they are changing the liability exposures of hospitals and other healthcare organizations. The 9-page paper sponsored by OneBeacon Professional Insurance also examines the evolving role of the risk manager in this […]

Quarterly D&O Claims Trends: 2013 Wrap-up and Possibilities for 2014

February 2014 Advisen hosted a webinar and wrote a white paper that examines all sources of securities-related suits that impact the underwriting and placement of management liability insurance other than ERISA liability suits. In addition to securities class action suits, this 9-page report encompasses a much broader set of suits, including securities fraud, breach of […]

Financial Institution Risk Management Issues

January 2014 Advisen wrote a white paper that examines some of the most significant risk management issues faced by financial institutions today. The free, 8-page paper is sponsored by AIG. Addressing Risk Management Issues Faced by the Financial Industry Reputation damage, cybercrime, implementation of enterprise risk management programs, the changing exposures of directors and officers, […]

Specialty Lines: 2013 Wrap-up

December 2013 Advisen hosted a webinar and wrote a white paper that reviews the trends and developments in specialty lines insurance in 2013. The 11-page paper “Specialty Lines: 2013 Wrap-up” is sponsored by OneBeacon Professional Insurance. A Review of the Trends that Shaped the Specialty Lines Market in 2013 The economy continued to improve in […]

From Compliance to Sustainability: Managing Multinational Environmental Exposures

December 2013 Advisen wrote a white paper that examines the increasingly complex compliance challenges faced by companies operating in a global business environment. The 7-page paper sponsored by AIG offers practical insights into achieving and maintaining compliance, and also outlines the benefits of going beyond mere compliance and transforming sustainability into a competitive advantage. Investing […]

Construction Safety in a Recovering Market

November 2013 Advisen wrote a white paper featuring the results of a survey conducted by Advisen Ltd. to gauge how broadly various safety practices are used throughout the industry and discusses the impact that economic conditions, both good and bad, have had on safety in the construction industry. The 14-page paper is sponsored by ACE. […]

Information Security & Cyber Liability Risk Management

This second annual Advisen survey of European risk management professionals, sponsored by Zurich, reveals the cyber-related risks that most concern organisations, and the ways they are organising their efforts to combat them. The report, In Information Security and Cyber Liability Risk Management: The Second Annual Survey on Enterprise-wide Cyber Risk Management Practices in Europe, can be downloaded at no charge.

Quarterly D&O Claims Trends – Q3 2013

Compared with the previous quarter, the number of new securities and business litigation filings and regulatory enforcement actions continued to decline in the third quarter but at a much slower pace. The decline keeps 2013 in line to have the lowest annual total of new filings since prior to the credit crisis. Although the number of filings decreased for some categories such as derivative shareholder actions and merger objection suits,…

Commercial Trucking: Safety & Driver Shortage

A shortage of drivers threatens the trucking industry at a time when an improving economy and tighter regulatory scrutiny means that yet more qualified drivers will be needed. There are no easy solutions to this dilemma, but it is clear that focusing on safety, driver benefits, health and wellness issues and more can improve the attractiveness of the profession to young job seekers, keep more drivers behind the wheel and…

The Effect of an Economic Upswing on Construction Supply Chains

October 2013 Advisen hosted a webinar and wrote a white paper that examines construction supply chain risks. Sponsored by XL, the 7-page white paper reviews where the built-in risks lie as well as steps that can be taken to mitigate the potential adverse risks. Addressing Emerging Contractor Risks in an Improving Market Economic indicators and […]

Vulnerability of Global Supply Chains

September 2013 Advisen hosted a webinar and wrote a white paper that discusses the vulnerability of global supply chains. “The Vulnerability of Global Supply Chains: The Importance of Resiliency in the Face of Systemic Risk” is a 9-page white paper that analyzes recent catastrophes and their impact on global supply chains. Natural Catastrophes & Impact […]

The Changing Role of the Risk Manager

An ever-evolving risk landscape combined with a heightened emphasis on the strategic importance of risk management mean that the roles and responsibilities of many risk managers are changing at a rapid pace. In many organizations, risk managers are becoming more visible and more engaged in strategic decision making, but for many risk managers that means learning to navigate unfamiliar terrain as their influence and responsibilities expand.

2013 RIMS Enterprise Risk Management (ERM) Survey

The idea of ERM, or managing organizational decisions and activities through a strategic risk discipline across a full risk spectrum, has long held appeal for many organizations. In the past, however, turning the theory of ERM into a reality had proven challenging for many of those same organizations. Fully understanding the concept, communicating the benefits and justifying its costs were often cited as hindrances.

Navigating a Dynamic Risk Landscape: Employment-Related Exposures of Private Companies

Have employers ever been more exposed to allegations of harassment, discrimination, retaliation and failure to adhere to minimum wage and overtime rules? The number of charges filed by employees with the Equal Employment Opportunity Commission (EEOC) is near an all-time high, and lawsuits brought by employees represent one of the most common types of litigation faced by employers of all sizes.

What Every Insurance Professional Must Know About Network Security and Privacy Liability

This white paper discusses the most relevant laws and regulations that impact data security and privacy liability exposure. It presents statistics on data breaches, as well as discusses different types of beaches. Finally, it analyzes the current insurance market for cyber liability, particularly focusing on network security and privacy liability coverages

The Private Eye: Spotlight on the U.S. Private D&O Market

AIG and Advisen have teamed up to research and produce this ground-breaking report into the North American directors’ and officers’ (D&O) insurance market for private and not-for-profit companies. Although much is known and reported on the public company sector in the U.S., the full data and analysis on the private company and not-for-profit sectors remain elusive and – where available – incomplete.

2013 RIMS Benchmark Survey™ Major Conclusions

After enjoying consecutive declines in Total Cost of Risk between 2007 and 2010, risk managers saw average TCOR increase in 2011 – a year riddled with a wave of natural catastrophes that devastated many parts of the world. While far fewer natural catastrophes sowed destruction across the globe in 2012 compared to 2011, they nevertheless resulted in material economic and insured losses. Risk managers faced another increase in average TCOR.

Quarterly D&O Claims Trends – Q2 2013

The number of new securities and business litigation and enforcement actions were down dramatically as compared with the first quarter of 2013 and are on pace for the lowest annual total since prior to the credit crisis. Three of the four major categories (breach of fiduciary duty, derivative shareholder action & securities fraud) were down from the first quarter. Securities class action was the only major category that saw a…

When Does a Product Become an Aircraft Product?

Aircraft Products Liability Insurance is an affordable insurance for most aircraft product manufacturing businesses that provides a risk financing tool that mitigates financial loss for aircraft and space mishaps. This two page article from the Aircraft Builders Council presents rationale for why mid-sized and smaller manufacturers should strongly consider purchasing products liability because...

The Privacy Implications of Big Data

Data is continuously generated, and it is being collected on everyone, in every walk of life and in every business sector. From financial transactions to web searches, driving habits to social media posts, the sheer volume of collectable information is staggering. This is "Big Data", and with the advent of computers able to discover patterns in reams of messy...

The Current State of Property Risk Management and Best Practices

Property-related exposures are continuously evolving and therefore require a risk management approach that is both creative and flexible. The question for many is how to accomplish this. While every organization is unique, understanding what others are doing can provide invaluable insight when determining how best to allocate risk management resources. It is with this in mind that Advisen, in partnership...

Chemical Companies: Preparing for an Inspection

Even the best-managed chemical manufacturers and distributors occasionally attract the attention of environmental regulators. By understanding what can trigger an inspection, how to prepare, and what to expect when a regulator performs an inspection, chemical companies can achieve better results during an inspection, and can avoid penalties as well as unnecessary compliance complications.

Managing Cyber Supply Chain Risks

Supply chain risks often are characterized in terms of tangible property exposures such as fires and natural catastrophes. Physical damage to buildings, machinery and transportation infrastructure, however, are not the only potential causes of supply chain disruptions. Information and communication technologies are vulnerable to hardware and software failures, as well as to damage caused by hackers and malware writers.

D&O Claims Trends: Q1 2013

Securities Lawsuit Trends: Class Actions & Beyond. Advisen analysts report on the frequency and severity of securities suits, including class actions, breach of fiduciary duty suits, regulatory actions and derivative actions, providing insights on emerging trends by suit type, allegation type and industries being targeted as defendants.

Cyber Risks of Asia-Pacific Companies and the Role of the Risk Manager

Cybercrime is on the increase throughout the world, and no organization in any country can consider itself immune from attack. Asia-Pacific companies often excel in the governance aspects of data security and privacy regulation compliance, but security experts often note that many fall short in implementing comprehensive plans to protect their data. This report, sponsored by Zurich, examines the cyber exposures of Asia-Pacific organizations, analyzes the strengths and weaknesses in…

Marine Insurance Market and the Lessons Learned from Superstorm Sandy

Claims from Superstorm Sandy have overwhelmed the marine market, and when all is said and done, it will likely be the largest marine loss event of all time. This Advisen report sponsored by AIG examines the impact of Superstorm Sandy on the commercial and recreational marine market and strategies to mitigate future risks.

The State of the European D&O Market: 2013

European directors and officers are increasingly exposed to investigations, regulatory enforcement actions and lawsuits, sparking demand for Directors and Officers Liability (D&O) Insurance. In an overall shrinking commercial insurance marketplace, D&O is one of the few lines of business to be growing – a key reason more insurers are entering the D&O market. As a result, competition is pushing pricing down, even as the frequency and severity of claims increase.

Private Company D&O Exposures

Many directors and officers of private companies believe that D&O insurance principally provides protection against shareholder lawsuits, which they largely envision as a public company problem. Private company directors and officers, however, are exposed to a large number of risks for which D&O may represent the best protection. This report examines the various types of liability faced by private company board members and executives, offers practical insights for managing...

Political Risk Exposures of Financial Institutions

As companies increasingly look to capitalize on previously untapped, underserved or underutilized regions of the world, the influence of politics on business has become a bigger threat than ever before. This Advisen report sponsored by AIG explores the current political risk landscape, its impact on financial institutions and strategies to mitigate the risk.

Enterprise-wide Cyber Risk Management Practices in Europe

Data security and other cyber exposures continue to be recognised as a significant threat by most risk managers, senior executives and board members of European organisations. Their concerns range from social media risks to data breaches to business interruption resulting from a malicious attack. As a result, information security continues to be a specific risk management focus for most of these organisations.

Utilizing Technology to Enhance – Not Replace – Personalized Service

Paul Romano, President of OneBeacon Professional Insurance, has long recognized that those insurers that most effectively harness technology will be the best positioned to emerge as market leaders. Paul recently spoke with Dave Bradford, editor-in-chief of Advisen Front Page News, about how technology is transforming specialty insurance, ranging from systems to facilitate interactions with brokers and agents, to using Big Data and predictive analytics to improve underwriting...

Chemical Companies: Minimizing the Risks of Supply Chain Disruptions

Chemical company supply chains can extend across the globe and are subject to interruption by a wide array of events. Consequently, supply chain risk is a rapidly growing concern for risk managers. This report overviews the global supply chain challenge for chemical companies and reviews specific losses. Risk management process are discussed and steps to maximize supply chain resilience are included. This free, 7-page report is sponsored by AIG.

Quarterly D&O Claims Trends – 2012 Q4 Wrap-up

Securities Lawsuit Trends: Class Actions & Beyond: Advisen analysts report on the frequency and severity of securities suits, including class actions, breach of fiduciary duty suits, regulatory actions and derivative actions, providing insights on emerging trends by suit type, allegation type and industries being targeted as defendants.

The Liability Implications of Healthcare Reform

European directors and officers are increasingly exposed to investigations, regulatory enforcement actions and lawsuits, sparking demand for Directors and Officers Liability (D&O) Insurance. In an overall shrinking commercial insurance marketplace, D&O is one of the few lines of business to be growing - a key reason more insurers are entering the D&O market. As a result, competition is pushing pricing down, even as the frequency and severity of claims increase.

State of the Commercial Property/Casualty Insurance Market

The commercial insurance market is in transition, with various forces competing to control its direction. Pricing is firming in many lines, but the drivers of heightened competition are lurking in the background. This report focuses on the forces at work in the market with the objective of providing brokers and insurance buyers' actionable information as they plan for year-end renewals and beyond.

The Specialty Insurance Market in Review

Year In Review: A look back at the top stories, court cases, law changes and regulatory developments impacting specialty line insurers, brokers and their customers in 2013 and beyond.

Trends in Business Globalization: The Implications for Employees Health and Safety & Solutions for Addressing Them

The globalization of commerce has required many businesses to expand beyond their own borders to remain competitive, with emerging economies frequently representing the best growth opportunities. As a result, whether for a short term business trip or a longer term assignment, employees increasingly are required to travel to distant locations with unfamiliar cultures and often substandard healthcare systems.

Social Hacktivism

Although "hacktivism," is a movement with origins dating to the early days of the Internet, only since 2010, when Wikileaks made public hundreds of thousands of classified U.S. government documents, has the ensuing war over the censorship of digital information brought the topic to the forefront of public awareness. In the years since, this 21st century method of protest that combines computer hacking with political activism has become more common…

Industry Analysis: Healthcare Services and Facilities

Advisen's Q3 2012 'Health Care Services and Facilities' Industry Analysis Report highlights several key financial industry trends including the financial and operational impact of the 'Patient Protection and Affordable care Act' on the health care provider community, the proliferation of health care IT infrastructure to meet the demands of 'accountable care' and the related increased exposure to patient data breaches, the recent activity within a select group of states revisiting...

Industry Analysis: Marine Transportation

The marine transportation industry plays a vital role in transporting goods and supplies that fuel the global economy. Yet for the last several years, this industry continues to face a combination of reduced revenue and increasing cost challenges that have prompted some firms to consider different ways to conduct business and drive revenue. Examples of some strategies include

Industry Analysis: IT Consulting and Services

U.S. Secretary of Defense, Leon Panetta, warns of a "cyber Pearl Harbor," an attack which would "paralyze and shock the nation and create a new, profound sense of vulnerability.

The Changing Role of the Healthcare Risk Manager

This report sponsored by OneBeacon Professional Insurance examines the risk management challenges posed by the various new healthcare delivery models and discuss the ways that risk managers' roles and responsibilities are undergoing change as the continuum of care both expands and becomes more integrated, and as organizations embrace more holistic approaches to managing the full spectrum of risks.

Privacy and Data Security Exposures of Small and Mid-sized Companies

Owners and managers of small and midsize businesses (SMBs) often underestimate the threat of data breaches. That is unfortunate since they are increasingly vulnerable to having data lost or stolen. SMBs, in fact, have become a favorite target of hackers. This report, sponsored by XL, examines privacy and data security exposures of SMBs, offers practical risk management advice, and explains the insurance services and protections now available.

Aviation Crisis Management

Serious aviation events are comparatively rare. That fortunate fact, however, means that when they do occur, it is quite possible that an aviation company will not be adequately prepared to respond. The nature and extent of crisis response varies significantly with the scope and nature of a company’s operations. What is necessary for every company, however, is to have a plan to gain control of the situation as quickly as…

Cyber-Threats and Financial Institutions

Financial Institutions, one of the most highly targeted industries by cyber criminals, should expect the number and sophistication of malicious attacks against them to continue to grow. The adoption of online banking, while convenient for customers and financially beneficial for some institutions, has opened the door to increased opportunities for cyber-criminals to steal both money and information.

Trends in Information Security and Cyber Liability Risk Management

As awareness grows due to media coverage of high profile data breaches, pending cyber legislation and continued advisories from cyber security professionals, information security and other cyber risks continue to represent at least a moderate threat to a majority of risk professionals.

Clinical Trial Research in Hospitals

Clinical trials, a necessity for healthcare innovation, increasingly are resulting in litigation against the parties connected to the study, including hospitals. This Advisen report sponsored by ACE explores the clinical trial liability exposures of hospitals, strategies for mitigating these exposures and frequent misconceptions regarding insurance coverage.

Contingent Business Interruption Insurance and Time Element Coverages

First the Tohoku earthquake and tsunami, and then the Thailand floods were wake-up calls to businesses around the world: supply chains are fragile and the consequences of disruptions can be devastating. But it does not require massive natural catastrophes to cause critical interruptions to businesses - even a minor fire in a mission-critical facility can bring a company to its knees.

Liability of Handheld and Mobile Devices – Cyber Liability

September 2012 Advisen wrote a white paper that examines the threats and vulnerabilities of handheld and mobile devices. The free, 10-page paper is sponsored by Zurich. Understanding Handheld and Mobile Device Exposure The advancement in mobile and handheld technologies has ushered in an era of increased efficiency, mobility and accessibility in modern business. Devices such […]

Bonding Public Private Partnerships

August 2012 Advisen wrote a white paper that examines the key role played by Public-Private Partnerships in helping to overcome many of the hurdles that the aging infrastructure presents. The free, 11-page paper is sponsored by AIG. A Closer Look at Public-Private Partnerships In recent years government spending on public infrastructure projects has tightened as […]

How Risk Managers Take Control Of Their Workers’ Compensation Programs

August 2012 Advisen hosted a webinar and wrote a white paper that examines how risk managers can effectively take control of their workers’ compensation programs. The free, 17-page white paper is sponsored by Safety National. Examining the Advantages of Unbundling Control is a word that seems to show up more frequently in risk management discussions […]

Securities Litigation Review (Q2 2012): Securities Suits Remain Off Recent Highs

The post-credit crisis era of securities litigation continued to leave its mark in the second quarter of 2012: down from the frantic highs, but elevated compared to pre-credit crisis levels. The somewhat improving economy, albeit shaky, over the past year helped, but a falloff in M&A activities over the past year was the primary driver in the drop in overall new securities suits. Fewer M&As resulted in a drop in…

The Environmental Risks of Property Owners

Property owners cannot avoid environmental exposures. Even the most conscientious and risk adverse owners can inadvertently stumble into an environmental nightmare. However, by understanding their exposures and being diligent about environmental risk management, property owners can reduce the likelihood of having a serious problem, and will be better prepared to respond effectively if a problem arises.

Challenges in Collateralizing Large Deductible Programs

July 2012 Advisen wrote a white paper that examines the challenges of collateral frequently faced by insureds and the steps that can be taken to favorably impact insurer collateral requirements. The free, 6-page paper is sponsored by Safety National. Addressing Collateral Challenges Faced by Insureds A large deductible insurance program often appears to be a […]

Cyber Security Within Accountable Care Organizations and Patient Centered Medical Homes

Accountable Care Organizations (ACOs) and Patient Centered Medical Homes (PCMHS) are signature parts of the Medical Shared Savings Program piece of the Affordable Care Act signed into law by President Obama in March of 2010. This Advisen Ltd. report sponsored by Chartis will examine the chain of liability within medical homes and ACOs, the risks associated with the implementation...

The Aircraft Builders Council: Still Unique and a 57 Year Old Novelty

Aircraft Products Liability Insurance is an affordable insurance for most aircraft product manufacturing businesses that provides a risk financing tool that mitigates financial loss for aircraft and space mishaps. This two page article from the Aircraft Builders Council presents rationale for why mid-sized and smaller manufacturers should strongly consider purchasing products liability because...

Safety Technologies in the Trucking Industry

In the not so distant past, it was only on television, in the movies or in our imagination that vehicles were equipped with artificial intelligence and able to drive by themselves. These futuristic vehicles could suggest alternative routes and communicate with the driver before a potential problem occurred. These were ideas for science fiction, not the real world. Fast forward to 2012: while the vehicles of today may not appear…

The State of the Commercial P&C Market

Rates continue to inch higher in many lines of business, reversing an eight-year trend of falling premiums. While insurance executives hail the increases, which they claim are essential to the financial health of property & casualty insurers, the industry remains very well capitalized, making a repeat of the skyrocketing premiums seen in the 2001-2003 hard market unlikely.

Securities Suits Dip with M&A Activities

After years of dramatic increases in securities litigation activities, and a record-setting 2011, the number of new filings dropped in the first quarter of 2012 to an annualized rate more akin to the level set in 2010. In addition to the effects that an improving economy has had on company fortunes, and thus on litigation, the falloff may be attributed in part to a decline in M&A activities leading to…

Hospital Property Risk Management and Insurance in a Changing World

A hospital is comprised of a wide range of services and functional units, resulting in complex engineering and property risk management challenges. To make matters yet more complicated, the healthcare sector is undergoing rapid transformation -- driven by factors such as changing demographics, new technologies, and legislated reforms -- which have implications for property loss control and risk management. Many hospitals also are under pressure to reduce costs, leading...

The Gathering Front: New Realities of Terrorism Risk

Terrorism can occur anywhere in the world at any time; any person, business or country can be its target. It can occur on land, in the air or in the water, and in food supplies. It can be directed against physical structures and even against the largely unseen computer networks. As terrorism evolves, so too must corporate risk managers and safety professionals. They must look for vulnerabilities in every facet…

Cloud Computing: The Risks to the Retail and Hospitality Industries

Cloud computing provides companies with the flexibility, efficiency, cost savings and adaptability to improve their competitiveness in today's global marketplace. The buzz around cloud computing continues to grow, but not all industries have embraced the technology with the same level of enthusiasm. For example, large multinational retail and hospitality companies are always looking to improve service capabilities and cut expenses, but as a whole they have been hesitant to jump…

Enterprise-wide Cyber Risk Management Practices in Europe

European risk and insurance management professionals recognise a broad array of cyber-related risks as significant threats to their organisations, ranging from social media risks to data breaches to business interruption resulting from a malicious attack. Once considered exclusively the purview of the Information Technology department, the management of these exposures is now viewed by many organisations as an enterprise-wide concern.

The Liability Issues of Cloud Computing Service Providers

"The Cloud" is where many technology companies now reside. Cloud Computing enables individuals and businesses to operate in a cost effective and efficient manner. Few would argue that this method of computing does not offer businesses potential benefits, however, the cloud service provider and its clients are also exposed to a host of risks including data security, privacy and business interruption, all of which have the potential for financial liability.

Securities Litigation Hits Record in 2011

From heightened regulatory activity to opportunistic litigators, new securities filings in 2011 built upon the new plateau established in 2009 and 2010. Driven substantially by regulatory actions and an up tick in securities class action suits, new filings in 2011 were up 10 percent over 2010. But despite the growing volume of litigation, premiums -- especially for public companies -- remain mired at soft market levels.