News in brief

Businesses must pay more attention to risk management if they are tocontain spiralling liability costs, says Simon Lotter, underwriter atLloyd's managing agent Marketform. "Close attention to high-level issuesgives a strong indication of the quality of the business. These include acompany's approach to risk management at board level, its attitude towardsself-insurance of inevitable claims and the risk management response toredress causes of claims," he said. He urged companies to implement a