In today’s highly connected world, several challenges can now impact economies and organisations globally rather than regionally. We explore our top 3 risks and provide guidance to help you plan and build resilience in to your business and supply chain risks.
https://www.griffithsandarmour.com/wp-content/uploads/2020/02/Lloyds-building.jpg480794Griffiths & Armourhttps://www.griffithsandarmour.com/wp-content/uploads/2019/07/g-and-a-logo-web.pngGriffiths & Armour2020-03-03 08:30:132020-03-11 10:34:10What are the main global risks predicted for the future?
Winter weather in the UK is notoriously unpredictable and as most of us know, can lead to serious and sometimes devastating consequences from snow, ice and low temperatures, all of which can have serious impacts on your business, organisation and workforce.
https://www.griffithsandarmour.com/wp-content/uploads/2019/12/flooding.jpg8331250Griffiths & Armourhttps://www.griffithsandarmour.com/wp-content/uploads/2019/07/g-and-a-logo-web.pngGriffiths & Armour2019-12-16 10:16:182019-12-19 08:51:47Winter is coming…Get prepared!
Statistics show that one in four adults will experience a mental health issue at some point in their lifetime and it is estimated that 15.4 million working days are lost every year due to stress, anxiety and depression.
Ransomware attacks appear to be on the increase again, potentially being fueled by some organisations being prepared to pay the demands of criminals. Here are 5 top tips for helping your organisation falling into the ransomware trap.
With the UK General Election now over, the past few weeks of campaigning has certainly witnessed some ‘interesting’ ways political parties have chosen to deal with their communications in front of the media during a crisis. If your organisation finds itself at the center of a controversial or damaging event, how you choose to manage your communications during that crisis can have a huge impact on the eventual outcome.
Towards the end of 2018, a Scottish court threw a spanner in the works of those seeking to limit their liability in collateral warranties, by ruling that a prescription period (limitation period) in a collateral warranty was not impacted by the presence of ‘no greater liability’ and ‘equivalent rights’ clauses, which would otherwise have had the effect of ‘time barring’ the claim.
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Organisations are increasingly dependent on information and communication technology (ICT) for their day-to-day activities. Whilst this delivers significant benefits, it may also introduce new risks, which if not managed correctly can significantly impact upon operations, financial performance, legal compliance and reputation. Research suggests that the cost of cyber crime in the UK is £34.1 billion per year.
Traditionally claimants always used to plead complete claims in front of judges, so that if the judge felt minded to find for the claimant then the court would go on to award compensation at the same time. The unsuccessful defendant consultant and its insurers would be bound to pay any damages (possibly with costs in addition) within a relatively short timescale.
It has been more than 10-years since Griffiths & Armour published ‘Professional Indemnity insurance: the not so super market’, a paper written as the financial crash of 2008 took hold and the talk in the insurance industry was of insurer withdrawal, a hardening market, increased cost, restricted class wordings and generally challenging times.
Engineers are commonly asked to sign certificates containing broadly worded statements on conformity of the works with drawings, compliance with relevant regulations or general quality of build. These certificates are usually provided for the benefit of third parties, i.e. for someone other than the engineer’s client.
https://www.griffithsandarmour.com/wp-content/uploads/2019/10/canva-photo-editor-7.png10653203Griffiths & Armourhttps://www.griffithsandarmour.com/wp-content/uploads/2019/07/g-and-a-logo-web.pngGriffiths & Armour2019-10-03 16:35:562019-12-03 12:10:39Stand-alone certificates and actions in negligent misstatement