Once again tragedy has struck the USA, and the financial implications are being considered. These are early days yet as the full impact is still yet to be felt, but what is not new or unforeseen is the vulnerability of house owners and residents to water damage in flood prone areas...
Companies or individuals providing professional advice or professional services can be held liable for claims arising from professional negligence committed. These liabilities put you, or the company you work for at risk of a claim that could potentially wipe out business. Professional Indemnity Insurance covers this risk.
New Legislation brings emerging risk for all Directors & Officers in Barbados. The duties of your company and its Board of Directors have increased under the new legislative environment including the Safety & Health at Work Act 2005, Occupational Pensions Benefits Act Cap. 350B and Employment Rights Legislation...
Choosing the right insurance broker sounds easy on the face of it, but quite often it is a more difficult task than you imagine....
Cool and insurance normally are not typically found in the same sentence (like ever!). But our industry is finally waking up to global technological advances. We want to impact the lives of our customers by understanding needs better and growing relationships through social media. We want to help you make better decisions, capture and analyze data through targeted apps. Our industry still lags our peers but the opportunities are limitless at the pace we are going.
Your business doesn’t have to suffer physical damage in order to incur significant uninsured contingent business interruption and extra expense losses due to disruptions to your operational chains.
The problem is such contingent interruptions are not typically covered under the standard business interruption policy and upwards of 80% of Barbadian businesses do not have adequate continuity plans to respond in time of homegrown or international crisis. If you fall into this category you need to read on and take our recommended action.