Broking Break: Insuring Father Christmas
Who would insure Father Christmas? Colm Nugent, a barrister at Hardwicke, looks at the liabilities.
His employer's liability risk would be horrendousThe extra-jurisdictional risks involved in having a toyshop based at the North Pole would present a challenge to any broker.
The elves are unlikely to have completed risk assessments; Santa is probably unfamiliar with method statements and the contents cover for all the toys in the world would be an underwriter's nightmare.
Product liability coverThe elves may be industrious, but their knowledge of international toy certification when
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