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Posts related to ‘evolving risks + response’

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January 10, 2022
Mark Buckingham
recall advisor
Are there sparks ahead for electrical OEMs?

As electrical OEMs congratulate themselves on a bumper year for sales, many remain cautious about what 2022 holds in store as new right to repair regulations start to bite. In some respects, 2021 has been a good year for electrical appliance manufa…

January 10, 2022 by Mark Buckingham, recall advisor
Article
January 05, 2022
Fraudsters to shift focus from whiplash injuries to property disrepair claims

Laura Horrocks, fraud assessment and intelligence manager, provides commentary in this Insurance Times article.

January 05, 2022
Article
January 03, 2022
The Supply Crunch Is Forcing Marine Managers Into New Thinking

Article by Ronnie Adcock, senior vice president, and Darin N. Miller, national marine manager, published in SupplyChainBrain.

January 03, 2022
Blog
December 21, 2021
John Armstrong, director - executive MCL adjuster and Martha McGorman, commercial property adjuster
The SME underinsurance crisis

There are approximately 4.3 million small or medium-sized enterprises (SMEs) in the UK and alarmingly, around 80% are underinsured. In addition, government research suggests that one in five businesses suffer a major disruption every year — wit…

December 21, 2021 by John Armstrong, director - executive MCL adjuster and Martha McGorman, commercial property adjuster
Blog
December 20, 2021
Luke Evans
business development manager
Auto industry faces fallout from chip crisis

The struggle to source semiconductors is disrupting automotive supply chains, delaying production and deflating car sales. With the current chip shortage expected to last until 2023, automotive manufacturers face a long and challenging road ahead. …

December 20, 2021 by Luke Evans, business development manager
Blog
December 17, 2021
Matt Walker
recall advisor
New threat modeling playbook prepares medical devices for cybersecurity issues

Cybersecurity has become a critical issue for the medical device industry, where a cyber threat can lead to injury or even death. To address this growing problem, the U.S. Food and Drug Administration, the MITRE Corporation, and the Medical Device In…

December 17, 2021 by Matt Walker, recall advisor
News
December 17, 2021
CAT response services: Widespread severe weather rips across the U.S.

There were more than 425 severe weather reports Wednesday, mostly in the Midwest — the largest number of severe weather reports in December in the U.S. since 2000, according to NOAA. The central U.S. saw historic winds of up to 100 mph, severe…

December 17, 2021
Blog
December 16, 2021
James Norman
International business development director
Africa and insurance claims management: Building momentum

With a young population, strong human capital and large regional insurance hubs, the potential of the African insurance sector is well known. As the second fastest growing insurance market behind Latin America, it has a landscape all its own with est…

December 16, 2021 by James Norman, International business development director
Blog
December 06, 2021
Ronnie Adcock, senior vice president and Darin N. Miller, NAMS-CMS, national marine manager, senior surveyor
The holiday supply chain: 5 marine insights

Santa isn’t the only one experiencing fulfillment issues this time of year. Cargo ships floating off the coast, a lack of shipping containers, a shortage of truck drivers, and COVID-related restrictions are impacting individuals and organizations acr…

December 06, 2021 by Ronnie Adcock, senior vice president and Darin N. Miller, NAMS-CMS, national marine manager, senior surveyor
Article
December 06, 2021
Intelligence: The supply chain crisis – why the insurance lifeboat can’t take all

Graeme Blackie, head of marine and specialty development, provides commentary in this Insurance POST article.

December 06, 2021
News
December 01, 2021
Busy Atlantic hurricane season ends

The 2021 Atlantic hurricane season saw an intense start but gave way to an unusually quiet end yesterday. Overall, the season generated 21 named tropical storms and hurricanes — the third highest on record. A typical season sees 14 storms. Yet,…

December 01, 2021
News
November 24, 2021
Severe weather hits British Columbia

Record-breaking rainfall led to major flooding and several mudslides in British Columbia, causing a province-wide state of emergency. Devastating floods washed away homes, left farms under water, and damaged highways. Hundreds of people in the Lower …

November 24, 2021
Blog
November 24, 2021
Ben Price
head of operations, MCL Global
Major and complex loss review 2021

Since early 2020, organisations in every sphere of business have felt the pressure of an unforeseen, unprecedented global pandemic — it has continuously tested our resourcefulness and ingenuity. Even as our ability to meet, talk and intera…

November 24, 2021 by Ben Price, head of operations, MCL Global
Blog
November 24, 2021
Mark Buckingham
recall advisor
Is all well with our daily vitamins?

European consumers have always had a strong interest in health and wellness. But when it comes to vitamins and minerals, are they getting the treatment they deserve? During COVID-19, European’s use of dietary supplements more than doubled — fr…

November 24, 2021 by Mark Buckingham, recall advisor
Blog
November 23, 2021
Skot Penfold
Head of building consultancy services
Beyond the building process

When it comes to construction projects, insurer clients want overall control without compromising efficiency or increasing spend. Previously, any major property damage claim could involve various external building consultants — with different m…

November 23, 2021 by Skot Penfold, Head of building consultancy services