DIRECTORS AND OFFICERS LIABILITY INSURANCE
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Commercial and Support Services
NEWS BRIEF
Provided by: RS Risk Solutions Fraud More Than Doubles in 2023, Report Found Fraud in the UK leapt in value and volume in 2023. In fact, the value of recorded fraud in 2023 was £2.3 billion, more than double that recorded in 2022 and he second biggest year for scams in the past two decades.
CYBER RISKS AND LIABILITIES MARCH/APRIL 2024
The Impact of AI on the Cyber threat Landscape The rapid growth of artificial intelligence (AI) is reshaping industries and revolutionising hoe people live and work. Its potential to propel scientific advances and bolster economic growth is apparent, but its implementation is not without significant risk. What’s more, the security risks associated with AI use
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NEWS BRIEF
Provided by: RS Risk Solutions Ltd Main Takeaways from Spring Statement 2024 On Wednesday 6th March, Chancellor of the Exchequer Jeremy Hunt delivered his Spring Statement to Parliament. The measures announced aim to “give much needed hope In challenging times” and provide “more opportunity, more prosperity and more funding for (our) precious public services.” Economic
CYBER RISKS AND LIABILITIES
Courtesy of RS Risk Solutions Ltd Understanding the Cyber Security Risks of QR Codes Quick response (QR) codes are a popular marketing, sales, payment and customer service tool for several businesses. However as QR codes have become more prevalent, malicious actors have found ways to use them in phishing attacks and to spread malware. These
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NEWS BRIEF
The Government has announced a £100 Million investment to help the UK regulate AI. Find out more in the attached Infographic.
SME BUSINESS INSIGHTS
SME Business Trends for 2024 2023 was challenging for businesses, particularly small and medium sized enterprises (SMEs). Supply chain difficulties, inflationary pressures, recruitment and retention challenges, and a hot of other demands tested the resilience of SMEs across the UK. So much so that many companies struggled to survive. In fact company insolvencies recorded in
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HSE SAFETY CORNERSTONES
Recent Health and Safety Executive (HSE) data reported that 135 workers were killed in work-related accidents in 2022-23, and 561,000 were injured. Although stopping workplace accidents altogether may not be possible, employers must take reasonable steps to prevent accidents and comply with their “duty of care” under health and safety legislation. Moreover, robust accident prevention
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