Food Safety Liability Insurance
One more line of defense for long-term business operation with no more worries
It is summer vacation time and the peak season for the sales of milk tea – the hip beverage wildly popular among young people in China. Many milk tea brands recommended by social media influencers have appeared into public view. However, food safety in this “new tea” industry has become a major concern of the society.
Flood risk mitigation: preparing a response plan
Major weather events have become a regular feature on our daily news including periods of prolonged rainfall resulting in flood events. Flooding can cause widespread damage and disruption to homes, businesses, and national infrastructure, potentially resulting in costly restoration and business interruption. The continued effects of climate change mean extreme weather events are projected to increase in severity and likelihood. Preparation before a flood event is key to help avoid or minimize the impact of a flood loss.
Parenting and Productivity: A Winning Workplace Formula Focused on Employee Benefits and Wellbeing
In today’s evolving work environment, employee wellbeing stands as a cornerstone of successful organizations. For working parents, balancing professional duties with family life is critical not only for personal happiness but also for workplace productivity. Companies that prioritize family-friendly policies and employee benefits not only retain top talent but also foster a culture of trust, loyalty, and wellbeing.
Employer’s Legal Liability Beyond Work Injury Compensation
Employer’s liability refers to the legal responsibility that the employees made to their employer in the employees’ bodily injury claims due to the employer’s intentional act, negligence or liability without fault.
Although most people’s first reaction could be work injury compensation, in fact, the employer’s legal liability includes many other aspects not limited to that.
Protecting businesses against a rising cyber threat
A rapidly changing cyber risk landscape requires companies to reassess defence levels regularly to minimise potential damage to their balance sheets and reputations. While cyber insurance underwriters have become very selective in their approaches, this process is having a positive effect in helping companies to identify and address their weaknesses.
Travelling Aboard – From A Risk Management Perspective
With China’s increasing foreign trade and cultural exchange with the world, Chinese people travelling for business and leisure purposes becoming more and more frequent. When travelling abroad, the problems faced by the people can be related to language, local customs and habits, region and culture, safety, transport, medical needs and many situations differ from those in China. From a risk management perspective, these differences imply risks. Some of them could be relatively riskier than others which need better preparations and serious precautions.
2024 Lockton’s Insurance Seminar in Shanghai
On November 21, Lockton China hosted an insurance seminar in Shanghai where insurance experts and clients could meet face to face in a forum for trending topics and market updates. Co-sponsored by Huatai Insurance Group, Lockton’s tea-gathering style seminar has chosen the elegant Sinan Mansions in Huangpu as the venue. The speakers shared with guests the current and future economic outlook while analyzing the geopolitical aspects outside of the country which could affect the business environment and insurance markets. This can help clients to grasp the risk and factors they are facing and to prepare for these changes and seek […]
Lockton Reinsurance team in the 2024 Shanghai International Reinsurance Conference
Held in Lingang on 22-25 October, the Shanghai International Reinsurance Conference has attracted over 1,300 participants of more than 360 organizations from 23 countries around the world. The theme for the event is “Embracing Openness for Mutual Benefits with Global Cooperation”. It marked the official launch of the Shanghai International Reinsurance Exchange. In conjunction with the launch, the conference was designed for industry experts to discuss both cross-border and domestic reinsurance services, digitization and information management in their respective areas. Lockton China’s Reinsurance team joined the event and met with insurers, industry experts and representatives from financial institutions face to […]
Testing – illegal 非法“代理退保”要当心 理性维权要牢记
Test – this is on Elementor.
How to mitigate growing Maritime Cyber Risks
The global maritime industry is embracing the fast-evolving digital age, from GPS, ECDIS, AIS, ENC, ERS and e-B/L to full smart shipping. Soon, we will see fully remote and autonomously controlled smart ships navigating the oceans. As the world becomes increasingly more digital, the associated risks involved are growing exponentially, which at the same time also means higher expectations of the insurance industry. The main cyber risk trends we have seen in recent years include an increase in both frequency and severity of ransomware attacks, more sophisticated business emails making compromising attacks in the ‘deep fake’ era, targeted ‘zero day’ […]
