financial loss

Business flooded: who should we call before water comes?

Reading time: 5 minutes

The violence of the atmospheric agents that have recently blowed cities, ports, private and public buildings in Europe worries owners of warehouses and production sites. Their main question is:“Are we insured against flood? Who pays the business interruption damages?” The graph here below is eloquent:     Torrential rains and adverse weather conditions are day by day more and more frequent. Here are some useful suggestions for production sites owners. Risk … Read more

Manager’s liability: 7 cases that really happened

Reading time: 6 minutes

Owners of companies and country manager are by law responsible, with their own holding, for damages caused to third parties, or to the company they represent, for failure to follow regulations and standards. Their wrong decisions, as described by the 7 cases here below, may be legally expose directors and officers in front shareholders, business partners, customers and employees. Being without proper insurance cover may expose a manager to pay … Read more

5 risks to take in consideration about Real Estate

Reading time: 5 minutes

Impressive numbers: real estate companies, owners of offices and warehouses, shopping centers, catering services and hotels are all exposed to frequent fire risk. In the US, in 2015, the fire brigade intervened to extinguish 1.345.500fire cases a year. The damages were enormous: who lost his lives, many people burned, $ 14.3 billion in direct damages and business interruption. And in Europe? The data reported by the Fire Safe Europe Organisation, … Read more