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Lockton Announces New Global Leadership Structure to Support Rapid Global Growth

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The Information Commissioner’s Office (ICO) made it clear upon introduction of the UK GDPR, referred to as the Data Protection Act 2018 (DPA 2018), that the regulation was not a tool to punish, but rather its goal was “guiding, advising and educating organisations…preferring the carrot to the stick.” However, with significant maximum fines of 4% of annual turnover or GBP 17.5million, many businesses have sought to transfer this risk to insurance products.  Five years of GDPR: UK insurance considerations

Cryptocurrency insurance – best practices for custodians

The advantages of cryptocurrencies continue to draw interest from investors and businesses, creating demand for crypto-related services. As the market evolves, underwriters are becoming increasingly sensitive to the risks involved in the custody and management of cryptocurrency and other digital assets. Firms seeking to insure themselves against such risks must ensure they have robust mitigation measures in place to alleviate concerns.The advantages of cryptocurrencies continue to draw interest from investors and businesses, creating demand for crypto-related services. As the market evolves, underwriters are becoming increasingly sensitive to the risks involved in the custody and management of cryptocurrency and other digital assets. Firms seeking to insure themselves against such risks must ensure they have robust mitigation measures in place to alleviate concerns.

Lockton appoints new Head of Global War, Terrorism & Political Violence

Lockton, the world’s largest privately-owned independent insurance broker, has appointed James Bannister as Head of Global War, Terrorism & Political Violence, effective immediately. James will report to Matt Humphries, Head of Crisis Management, in London. Lockton, the world’s largest privately-owned independent insurance broker, has appointed James Bannister as Head of Global War, Terrorism & Political Violence, effective immediately. James will report to Matt Humphries, Head of Crisis Management, in London.

Aligning employee benefits with your corporate ESG strategy

Businesses are repositioning themselves in the market by adjusting their operations and service offering to better reflect society’s rapidly evolving expectations regarding environmental, social and governance (ESG) standards. Employee benefits should not only reflect these values but also amplify them to improve the company’s image and reputation and attract and retain the right talent.Businesses are repositioning themselves in the market by adjusting their operations and service offering to better reflect society’s rapidly evolving expectations regarding environmental, social and governance (ESG) standards. Employee benefits should not only reflect these values but also amplify them to improve the company’s image and reputation and attract and retain the right talent.
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