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London Market Insurance Update H1 2024

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News and Insights

In the UK, vacancy rates among industrial and logistics properties are expected to rise as further supply hits the market. While owners can take action to maintain value and provide an attractive option for current and prospective tenants, the risks faced by rising unoccupancy is a considerable exposure. Addressing the risk of rising vacancies for industrial and logistics properties

Inside Risk - Fire Protection Impairment Management

Fixed fire protection systems such as sprinklers are an effective way to control or suppress a fire in its early stages, limiting the potential loss to the property and the business, as well as the risk to life. However, to be effective, fire protection systems need to be available (not impaired), reliable (maintained) and adequate. Fire protection impairments continue to be one of the most common reasons for sprinkler failure and this risk needs to be addressed with a robust fire protection impairment programme.Fixed fire protection systems such as sprinklers are an effective way to control or suppress a fire in its early stages, limiting the potential loss to the property and the business, as well as the risk to life. However, to be effective, fire protection systems need to be available (not impaired), reliable (maintained) and adequate. Fire protection impairments continue to be one of the most common reasons for sprinkler failure and this risk needs to be addressed with a robust fire protection impairment programme.

Lockton Appoints Oliver Hutchings as COO of Marine, Transportation and Logistics

Lockton Companies, the world’s largest privately held, independent insurance brokerage, has announced the appointment of Oliver Hutchings as COO of Marine, Transportation and Logistics.Lockton Companies, the world’s largest privately held, independent insurance brokerage, has announced the appointment of Oliver Hutchings as COO of Marine, Transportation and Logistics.

Tax Liability Insurance: Market & Transactional Risk Update

Despite a slowdown across the global M&A market last year, Tax Liability Insurance proved its worth,
 with numerous significant transactions relying on its protection. Now well into 2024,optimism prevails,
 buoyed by reports of a healthy volume of ‘dry powder’ poised for deployment. To facilitate these
 transactions, Tax Liability Insurance remains a vital tool. As the demands of the market continue
 to evolve, buyers can look forward to yet more product innovation.Despite a slowdown across the global M&A market last year, Tax Liability Insurance proved its worth,
 with numerous significant transactions relying on its protection. Now well into 2024,optimism prevails,
 buoyed by reports of a healthy volume of ‘dry powder’ poised for deployment. To facilitate these
 transactions, Tax Liability Insurance remains a vital tool. As the demands of the market continue
 to evolve, buyers can look forward to yet more product innovation.
See all news and insights

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