Finding fault.

Following the recent Paddington rail disaster, corporate manslaughter is, once again, in the news. D&O cover will soon be invaluable if the calls for directorial accountability are successful, says Simon Threadgold.

Troubles at Transtec and Versailles have highlighted the tangles
company directors get into when the receivers are called in. But these are
nothing to the problems they face when an employee is killed at work, or
when members of the public die because of their negligence. They might end
up on a charge of corporate manslaughter.


This has led brokers to ask directors and officers liability insurers
whether their clients are covered. David Robinson, UK & Ireland executive
risk manager at Chubb, says:

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

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