Thinking Risk

GDPR has introduced severe penalties for companies which do not report breaches in 72 hours. Nick Ellis, GRP National Cyber Practice Leader discusses how cyber insurance can help ensure an effective response.

Allianz estimate that inflationary factors have more than doubled liability claims costs over the last 10 years. Within that timeframe many businesses haven’t changed the Limit of Indemnity provided by their liability insurance policies, leaving themselves exposed to potentially catastrophic underinsurance.

This article explores some key factors driving claims cost inflation.