business insurance

HoneIn FY24 Q1: Global & Networks Market Update

business insurance

Claiming Success: Why Your Insurance Broker is the Key to Notifying Insurers About Potential Claims

When it comes to insurance, brokers are in a unique position. We’re neither the client nor the insurer, we’re privy to the unique notifications from clients when there is a situation that may give rise to a claim, and the reactions from insurers to those notifications. This is a complex and evolving area, and in the post-pandemic era, we’ve observed that insurers are scrutinising all aspects of the claims process. Following a loss, the claims process can be stressful, complex, and long. This article outlines the paradigm shift in insurer’s perception of an acceptable notification of circumstances which may give rise to a claim, from a broker’s perspective.

business insurance

Resurgence of the IPO Market: The Importance of Prospectus Liability Insurance

Despite a subdued start to Initial Public Offerings (IPOs) in the first half of 2023, the listing of the chip designer, Arm, on the Nasdaq, which surged 25% on its inaugural day and raised $7.6 billion could signal the reopening of the "IPO window" more broadly. As the market gains momentum, it is critical for entities to consider the role of protective instruments like Prospectus Liability Insurance to limit the impact of prospective claims, litigations, or fiscal implications associated with the IPO process. Dennis Moens explains how the insurance market is responding to create favourable conditions for entities.

business insurance

Allegations of Negligence: A Guide for Business Owners

While robust control and ongoing training are the first lines of defence for any business, some mistakes are unavoidable and business owners can find themselves in disputes with either customers or suppliers, after receiving allegations of negligence. This is often followed by uncertainty around whether they had a duty of care and if it was breached, which is where the law of Torts comes into play. Nathan Mauriello outlines the process insurers work through when a claim is made against a business owner to determine whether the plaintiff has a valid case.

business insurance

Experts with Edge | Geoff Stooke

In our inaugural edition of Experts with Edge, we sat down with Geoff Stooke, Founder and Director of Modern Risk Solutions, a specialist brokerage for start-ups in the life science, biotechnology, and renewable energy sectors (to name a few), acquired by Honan in 2021. Discover why Geoff swapped his corporate role for a place in the start-up ring in 2013, his insights, advice, and highlights as a true Expert with Edge in this disruptive sector.

business insurance

4 Risk Protection Essentials for Tech Start-Ups

In October 2020, Apple announced its...