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The perception that the world’s leading offshore financial centres are harmful “tax havens” that facilitate the avoidance of tax in onshore jurisdictions has led to intense pressure for OFCs to adopt onshore-led transparency and tax intake measures.
In this report, we take a look at the current professional indemnity and financial lines trends and what we expect to see more of over the coming year.
Ingrid Hobbs, a partner in our London office, has been confirmed by The Forum of Insurance Lawyers (FOIL) as the Vice President of London FOIL. She will assume the role of President in October 2019.
Since October 5, 2017, the date on which The New York Times first ran its report exposing the numerous sexual harassment and assault allegations made by several women against Hollywood producer Harvey Weinstein, the flood gates have opened on high-profile allegations of sexual harassment in the workplace and beyond.
Case review 16/07/2018
Following a lengthy 21-day hearing, the NSW Supreme Court has dismissed proceedings brought against former directors, officers and employees of Forge Group Limited by its surety providers.
The 4th Edition of the Miami Latin American Claims (Re) Insurance Forum, hosted by QLDG and Kennedys CMK from June 11 to 14, 2018, brought together over 185 key international and Latin American insurance industry experts to discuss top claims issues, trends, and developments in Latin America & the Caribbean.
On 1 April 2019 the FCA will assume regulatory conduct for claims management companies (CMCs) established or serving customers in England, Scotland and Wales. At the same time the Financial Ombudsman Service will become responsible for resolving disputes about CMCs.
Global law firm Kennedys has strengthened its insurance coverage capabilities and global insurance practice with the hire of Mark Dessi from US firm Skarzynski Black. He joins as a partner in the New York office where he is reunited with several former partners from Sedgwick who joined Kennedys CMK last autumn.
While it is almost universally accepted that companies cannot prevent a cyber fraud attack taking place, it is possible to limit the damage that is suffered.
It does not matter where you work or what you do, the recent spotlight on gender equality is having an impact on all businesses, regardless of size, nature or geographical location.