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Embracing the Hybrid Office: Addressing the Surge in Cyber Threats from Flexible Work Models

The concept of a ‘hybrid office’ was relatively unknown before the pandemic, but it has now become a mainstream topic. The hybrid office model offers unparalleled flexibility, allowing employees to work from the office, home, or entirely remotely. However, this shift has significantly increased cybersecurity risks, requiring new strategies to protect sensitive data in a …

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Examining Legal Sector Claims Post-Pandemic: Insights from 2020 to 2023

As we move through 2024, it’s crucial to understand how the post-pandemic landscape and economic challenges have impacted claims in the legal sector over the past few years. Analysis of data from Travelers, one of the leading PII insurers for solicitors since the open market began, provides valuable insights into the shifts and trends in …

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The Hidden Perils of Retroactive Dates: Lifting the Veil of Insurance Policies

Picture this: you’re navigating the labyrinthine world of insurance policies, and amidst the fine print, there lies a hidden gem – the retroactive date. This often-overlooked detail can hold significant weight, yet for many it remains shrouded in mystery. Before we embark on our journey into the depths of this topic, let’s lay some groundwork. …

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UNDERESTIMATING CYBER THREATS

Kroll’s 2023 report on a cross section of American, EMEA and APAC firms reveals that when it comes to cyber threats, trust is imperative; in teams, tech, intelligence sources, with support businesses and third party providers. The key findings of the report were; The average number of tech systems which involved a measure of cyber …

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Heads Up: Insurers looking at AI when reviewing your Professional Indemnity Renewal

As businesses evolve, so do their risks. In the realm of professional indemnity insurance, staying ahead of emerging liabilities is crucial. Renewing policies with thorough scrutiny is the norm, but there’s a new twist, some insurers are asking about the role AI plays in your business and in turn do you have the relevant policies …

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Accountants Take Centre Stage in Verifying Overseas Entities: Navigating Risks and Responsibilities

Navigating Risks and Responsibilities The implementation of the Register of Overseas Entities (ROE) in the UK marks a pivotal moment in the realm of property ownership transparency. However, the recent statistics unveiled by an anti-money laundering (AML) platform shed light on a notable trend: while the number of overseas entities complying with the new regulations …

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