Marsh worried about EL 'time-bomb'

Marsh's Annual State of the Market Address put employers' liability(EL) at the top of the agenda, with chief executive Mike Hammond describing it as a "ticking time-bomb".

Speaking to an audience of insurers and brokers, Mr Hammond said: "Unless something is done about EL, there is going to be real trouble ahead."

His view was backed by Mike Jones, head of UK retail placement at Marsh,who commented: "EL and directors and officers cover remain major issuesfor UK business - so much so that we ar