That new hybrid office may not be as flexible as you hoped for during the pandemic Author: Lucy Meakin, Bloomberg Published 2 hours ago
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Print article Fourteen months after coronavirus confined the world’s office workers to their homes, companies are embarking on another great experiment - how to get their teams back together, in-person, at least some of the time. It’s a task that is briefly uniting the titans of global finance and leaders of nimble start-ups, all of whom are having to plan for staff coming in two or three days each week, at least for now. Driven in some places by covid concerns and in others by a desire to embrace workplace change, hybrid work is the new center ground - at least in the short term.
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In recent years, professional indemnity has become a problem line for the market and the sectors it serves, with shrinking capacity and stricter underwriting terms.
Nic Brown, Markel UK sales and marketing director, said: “Cheap, short-term unsustainable capacity coming in and out of this market is giving a classic economic conundrum, which is oversupply. Same demand drives the price down and when that supply pulls out because the margin isn’t being made by those insurers that ultimately aren’t
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Contractors and suppliers of failed Artemis Recoveries have called for its directors to be “struck off” from insurer repair networks after the company entered
Spotlight: Claims - Selecting the right TPA partner Supported by: ?
When it comes to working with a third-party administrator for property claims, how far should an insurer go? Whether it is taking on service from start to finish or only focusing on key elements such as the repairer network or emergency call out facility, there are a wealth of options out there and numerous providers ready to pick up the reins
Once, outsourcing was a one-size-fits-all proposition. Now, there are providers who are prepared to offer a highly tailored and scalable approach, bringing in specialist people, supplying frequent claims analysis data and even on occasion, setting up dedicated offices close to the client.