UK Civil Liability Bill debate moves to House of Commons

UK Civil Liability Bill debate moves to House of Commons

UK Civil Liability Bill debate moves to House of Commons

Many UK risk managers and their insurers are closely following the process of reform of the UK’s whiplash laws. Fresh from further amendments in the House of Lords, the Civil Liability Bill will now face the House of Commons. The Civil Liability Bill was passed for referral to the House of Commons by the Lords on 28 June, following the…

Counter-Terrorism and Border Security Bill: business interruption and the supply chain

Counter-Terrorism and Border Security Bill: business interruption and the supply chain

Counter-Terrorism and Border Security Bill: business interruption and the supply chain

The introduction of the Counter-Terrorism and Border Security Bill to the UK’s House of Commons on 6 June will, if the bill is passed without amendment, close a gap that has existed in terrorism cover since Pool Re was established in 1993 – good news for businesses and their supply chain. Currently, insurers are able to provide terrorism cover within…

How far do EC collective redress plans go?

How far do EC collective redress plans go?

How far do EC collective redress plans go?

In its New Deal for Consumers package announced last month, the EC put forward plans to introduce pan-European Union collective redress and penalties of up to 4% of annual turnover for organisations that fall foul of consumer law, among other measures. The proposed pan-European collective redress system was criticised by various stakeholders for being tougher on business than many feared…

Gig-economy update – Supreme Court confirms Pimlico plumber was a ‘worker’

Gig-economy update – Supreme Court confirms Pimlico plumber was a ‘worker’

Gig-economy update – Supreme Court confirms Pimlico plumber was a ‘worker’

In the latest in a growing line of cases, the UK’s highest court has ruled that despite being VAT-registered and paying self-employed tax, a plumber working for Pimlico Plumbers was entitled to basic workers’ rights. This means that he can continue with his claims against Pimlico Plumbers for holiday pay, unlawful deductions from wages and discrimination. If the court had…

The insurer’s perspective

The insurer’s perspective

The insurer’s perspective

Richard Taylor is managing director of European Risk Frontiers sponsor HDI Global’s UK branch. He tackled the big questions posed by Adrian Ladbury as part of this year’s survey. Adrian Ladbury (AL): What is your view of the current state of the commercial and corporate insurance market and what is the outlook overall? Richard Taylor (RT): By its nature the…

Credibility and predictability are everything in global programmes

Credibility and predictability are everything in global programmes

Credibility and predictability are everything in global programmes

Helene Westerlind, a Swedish citizen, joined Zurich as liability claims adjuster in 2003 before becoming a liability underwriter. Between 2008 and 2016 she held various leadership roles within Zurich Global Corporate, both in operations and underwriting services. In September 2016, Ms Westerlind was offered a new role as global head of international programmes within Zurich’s new commercial insurance business operation.…

Pension Protection Fund compensation cap: unlawful?

Pension Protection Fund compensation cap: unlawful?

Pension Protection Fund compensation cap: unlawful?

Since 2005, the UK’s Pension Protection Fund (PPF) has paid compensation to members of defined benefit (DB) pension schemes where the sponsoring employer becomes insolvent. An advocate-general of the European Court has recently given an opinion that the compensation does not satisfy the EU Insolvency Directive. If Grenville Hampshire v the board of the Pension Protection Fund (Secretary of State…

The JCPOA: The new US position is now clear…sort of

The JCPOA: The new US position is now clear…sort of

The JCPOA: The new US position is now clear…sort of

As noted in our previous article on 4 May, US President Donald Trump threatened last January to withdraw from the Joint Comprehensive Plan of Action (JCPOA) if he did not think its flaws could be fixed. While the JCPOA does not contemplate withdrawal of a party, we suggested that, to President Trump, ‘withdrawal’ might mean reinstatement of all US sanctions…

The year of the underwriter

The year of the underwriter

The year of the underwriter

European risk managers need to start warning bosses about a more challenging year ahead in negotiations with insurers, and would be foolish to promise more cost savings because of ever-softening markets. But, based on comments made by figures such as Evan Greenberg of Chubb, Brian Duperreault of AIG and a group of three leading German insurance market insiders speaking to…

The insurer’s perspective

The insurer’s perspective

The insurer’s perspective

HDI Global is once again sponsor of our annual European Risk Frontiers survey of Europe’s leading risk managers. Alongside each national discussion with risk managers, we are also interviewing a senior executive from HDI to hear the insurer’s view on this year’s questions. Dirk Schilling, head of casualty guidance and captive services at HDI, gave Commercial Risk Europe editor Adrian…

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