In the last of a four-part series on the growing role of the gig economy and its implications, Greg Lang of the Reinsurance and Insurance Network discusses the trade-off between employee protections and flexibility.
An objective review of the design and operating effectiveness of internal controls is instrumental to ensuring continued success in the remote working environment, say Johnson Lambert’s Kathryn Gifford and Raina Tripp.
Australia has been the victim of bushfires, severe hailstorms and flooding, as well as other industry-specific risks. The number of businesses turning to captives to help manage these risks is growing all the time, says Marsh’s Rob Geraghty.
COVID-19 has destabilised the global economy and increased risk across all types of business. Run-off solutions can help captives better manage these risks, say Steve McElhiney of Artex and Carolyn Fahey of AIRROC.
Captive International is asking its readers to vote for the best captive insurance jurisdictions, managers, lawyers, and other service providers in its inaugural US Captive Awards.
The consensus of the insurance industry is that pandemic risks are uninsurable. This is probably correct, at least where the business interruption exposure is concerned, but not for the reasons that are commonly cited, says Greg Lang of the Reinsurance and Insurance Network.
The real estate industry faces a number of significant headwinds. An increasing number of property managers are looking at tenant liability captive insurance programmes to help them navigate these turbulent times, says Bradley’s Davis Smith.
There is very little consistency between countries when it comes to insurance tax reporting, and captives managers need to stay across the nuances to avoid trouble. Daniela Dinkova of Sovos explores some of the differences.
Many businesses are suffering losses as a result of the COVID-19 pandemic that, at first glance, look likely to be covered by various different policies such as work stoppage and business interruption. But policyholders should double-check the small print, says TJ Strickland of Strickland Hardee.
As a jurisdiction The Bahamas offers unique advantages when it comes to providing a home for small, private captives: a well-regulated insurance sector and a collaborative public-private sector approach, says Tanya McCartney of the Bahamas Financial Services Board.