Weekly News Roundup – 16th December

Insuring David Beckham’s legs: £40m. Insuring Costa Coffee’s Chief Taster’s taste buds: £10m. Insuring Bruce Springsteen’s Voice: £3.5m. However, the most important question at this time of year is how much would it be to insure Father Christmas?! Check out Towergate’s rather in-depth calculator below… In other, perhaps more serious news, AGCS shine a light on the mega trends affecting D&O claims in their recent report release.

BIBA unveils theme for 2023 conference (Source: Insurance Business Magazine)
The 45th conference’s theme will be ‘rising to the challenge’ following a few difficult years for the industry.

ARMD and OTT Risk shine at Lloyd’s Lab Demo Day (Source: OneAdvent)
Lloyd’s Lab’s recent ‘Demo Day’ showcased the talents of up-and-coming insurtechs, including OneAdvent’s partners ARMD and OTT Risk.

Key risk trends for directors and officers in 2023: potential recession, cyber and ESG concerns (Source: AGCS)
Insolvency, driven in part by inflation, is tipped as being one of the key causes for D&O claims in the coming year.

Insuring Father Christmas (Source: Towergate Insurance)
Non-standard home insurance, employee liability insurance (for those pesky elves, of course) are just two of the covers the big man needs to consider.

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