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Case review 2019-11-28
The law of vicarious liability continues to exercise senior judicial minds, as the courts re-configure the traditional approach to this subject to meet the demands, evolving working practices and social norms of the modern world. Two cases come before the Supreme Court this month and whilst we await the outcome we consider the potentially far-reaching ramifications for employers and insurers alike.
The risk landscape that threatens the livelihoods of SMEs is constantly evolving. From cybersecurity and data regulation, to rogue employees and the liabilities associated with flexible working, small businesses need to be aware of the challenges that these risks bring.
A roundup of recent cyber related developments including: non-material damages under the GDPR; data protection laws in Asia-Pacific; cyber attacks in the education sector; regulation of cryptoassets; blockchain in the pharmaceutical industry; challenges presented by autonomous vehicles; and algorithms as a new emerging risk.
Case review 2019-10-02
Claims by data subjects have been labelled “the new PPI”, particularly following the ratification of the right to non-material damages in the GDPR. Worryingly, the latest decision of Lloyd v Google appears to have made it even easier for claimants to bring such claims, particularly en masse.
We have told the Information Commissioner’s Office (ICO) that the draft code of practice on how organisations can lawfully share personal data is too generic and needs to reflect the real world.
A roundup of recent cyber related developments, including the black box effect in ship risk profiling, GDPR fines from the ICO, silent cyber risks, cyber threats to the life sciences sector, insuring the emerging offshore digital assets industry and claims transformation in Latin America.
What a week it has been. England have won the Cricket World Cup, and both Marriott and British Airways have been hit for six by the ICO. It’s fair to say that both the England team and the ICO have upped their game.
The ICO has threatened British Airways with a record £183.4 million fine under the GDPR, following a well-publicised Magecart attack last year.
The potentially devastating consequences of large-scale cyber data breaches may be bigger for SME’s, as they lack the same resources to protect themselves against an attack.
In a global insurance environment facing change at an unprecedented rate, the London Market’s experience and expertise remains reassuringly consistent. As 2019 promises to continue down this evolutionary path, we offer our predictions on some of the London Market’s priority areas.