Designing and constructing a project is much like sailing a boat. You have to go with the ebb and flow of the water and the weather that’s around you. When a storm pops up, the captain and crew have to zig and zag in order to navigate through troubles to get their boat safely to it’s destination.
2023 is likely to show a rise in reinsurance renewals prices. And it’s not likely to be met with open arms as you can imagine. Secondary peril losses, geopolitical unrest and uncertainties around capital is looking to be the culprits behind these hikes says Howden Broking Group Ltd.
Employee theft is nothing new. In all industries throughout time there has always been a measurable degree of such activity but now Hiscox has taken this data gathering to a whole new level.
Working from home has changed the employment landscape dramatically and with this trend persisting also comes a new flow in the workforce.
Wire fraud has begun to rise in just about every industry. Your average consumer is getting hit multiple times a day and in business, there is no difference.
Increasing concerns over staffing, climate change, social inflation, the infrastructure bill, and cyber coverage may end up being valid. Rates are going in many different directions and engineering firms aren’t quite sure where things will end up as PLI policies come up for renewal. Higher premiums and deductibles are projected for those firms engaged in […]
For those in the industry, navigating the reporting systems connected to climate change related risks can be daunting. A more streamlined approach to this task would certainly have a warm welcome amongst the community. This wish may come true soon enough with a U.S. Securities and Exchange Commission proposal that would require companies to disclose […]
The last six months of 2021 design firms continued to see continued growth and project opportunities. Design firms have also reported a very strong amount of work in the pipeline, with inquiries and the value of new design contracts remaining near all-time high levels. However, with this growth has come new challenges in this evolving […]
With cyber threats on the rise, now more than ever is the time to implement the best security protocols you can get your hands on. Why? Not only did ransom payouts exceed $500 Million in 2021, insurers are reducing their coverage amounts, requiring even more risk management and even dropping ransomware coverages altogether. Today’s digital […]
We are pleased to announce that Van Oppen & Co 2 is expanding internationally. Our specialty insurance and risk control support service is now available for Architects, Engineers, and Environmental firms in several provinces throughout Canada.