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2005 Archive


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December 2005
Learning from the Buncefield oil explosion – the benefits of robust Business Continuity Planning
The recent series of explosions and fires at the Hertfordshire Oil Storage Terminal at Buncefield, near Hemel Hempstead, has illustrated once again how disruptive disasters can be. In addition to suffering property damage to offices, factories and warehouses, a range of businesses are currently fighting to minimise Business Interruption (BI) losses – of which some are already severe in nature. View...(PDF)

November 2005
Avian Flu Adviser
A serious outbreak of avian flu is likely to severely test existing Business Continuity Management (BCM) plans. This adviser examines the steps that organisations should take to ensure their business is prepared. View...(PDF)

July 2005
Terrorism Insurance Update
The attacks on London’s transport network on 7 July have again thrown a spotlight on terrorism insurance arrangements. This Adviser Update concentrates on the Pool Re arrangements for terrorism insurance in Britain but also provides summary information on schemes and Pools that are available in other territories, as well as alternative insurance options that may be
available for premises. View...(PDF)

June 2005
G8 Summit - Client Bulletin
The G8 summit is taking place in Gleneagles, Scotland, 6-8 July. Many clients have raised concerns with us about the risk issues surrounding the event and the adequacy of insurance protection. This document outlines some of the eventualities that could occur and provides a checklist of risk management actions you can take to help safeguard your people, property, information and products. It also outlines the insurance position. View...(PDF)

Managing the Risk of IT Failure
Virtually all companies are at risk from a serious breakdown in IT systems. In the case of such an event, companies may not be able to bill customers or operate factories. Unwanted financial costs are unavoidable. Marsh and Kroll can offer business continuity planning expertise, data recovery services and can explore risk transfer options to recover business income losses. View...(PDF)

March 2005
NHS Recovery Costs
In the past 70 years, hospitals in the UK have been able to recover costs for treating victims of motor accidents, in cases where victims have successfully claimed personal injury compensation against holders of third-party compulsory motor insurance. Motor Liability insurers have had to put aside provisions for these payments to hospitals and have passed on costs to consumers. View...(PDF)


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