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R&R Insurance Blog

European OSHA Reporting Increase in Workplace Violence

Posted by Scott Brookes

Thu, Apr 21, 2011 @ 09:57 AM

European OSHA Reporting Increase in Workplace Violence

European OSHA Reporting Increase in Workplace Violence

Bullying, harassment and physical violence are on the rise in Europe and employers and governments aren’t doing enough to prevent it, according to the European Agency for Safety and Health at Work (EU-OSHA). According to a report entitled Workplace Violence and Harassment: A European Picture, between five and 20 percent of European workers are affected by workplace violence.While 40 percent of European managers are concerned about workplace violence and harassment, only 25 percent of them have implemented procedures to deal with it. In some European Union (EU) countries fewer than 10 percent of managers have done so.

According to EU-OSHA, the problem is most evident in the health, education and social work fields, with more than 50 percent of managers identifying it as a health and safety issue.

"Workplace harassment can lead to stress, long-term sick leave and even suicide," says EU-OSHA director Jukka Takala. "The economic consequences are reduced productivity, increased sickness absence, higher turnover of staff and premature retirement due to disability, at often early ages."

Topics: Safety, OSHA, Workers Compensation, International

People your most important asset

Posted by Scott Brookes

Tue, Mar 01, 2011 @ 08:14 AM

Personal accident coverage including emergency repatriation is an important purchase. London has a long history of underwriting these risks in hostile territories. Even Afghanistan and Iraq remain on cover at competitive rates.

Corporations should also strongly consider the threats of sudden and unanticipated upheaval that can lead to kidnap and ransom situations. The value of cover for ancillary risks such as wrongful imprisonment is greatly heightened.

For more information contact the knowledgbrokers

Topics: International

Disruption to supply chains

Posted by Scott Brookes

Tue, Mar 01, 2011 @ 07:55 AM

Even without owned assets in a political hotspot a company dependent on the movement of goods through the region faces exposure to risk caused by unfolding political events.

The Suez Canal and the Straits of Hormuz are main arteries of world trade. If they close many supply chains will be disrupted.

For example, in November 2004 one vessel blocked the Suez Canal for three days delaying 140 vessels.

Sanctions can also have an impact - for example an imposition of sanctions on the Ivory Coast is having a huge impact on cocoa supply chains.

Non-physical damage business interruption/trade disruption insurance are proven claims paying policies that can protect your client's revenues, extra expenses and contractual penalties in situations beyond their control.

For more informayion contact the knowledgebrokers

Topics: International

Political upheaval-protecting contracts and payments

Posted by Scott Brookes

Tue, Mar 01, 2011 @ 07:47 AM

In recent years North American companies have been increasing their trade with the Middle East and North Africa. In the business mix will be service contracts, sales of goods and product purchasing. All of these are threatened by political turmoil.

It is possible to purchase contract frustration and/or trade credit insurance to protect balance sheets and cash-flow.

For more information contact the knowledgbrokers

Topics: International

Are There Gaps In Your Client`s Coverage?

Posted by Scott Brookes

Tue, Mar 01, 2011 @ 07:29 AM

As most of us know Iran, Algeria, Yeman, Jordan, Morocco, Tunisia, Bahrain, Egypt, and Libya have all been witnessing differing degrees of anti-government demonstration in recent weeks. Responses from security services have been variable. As situations escalate so the levels of insurance policy adequacy are tested- make sure there are no gaps in your client`s coverage.

For more info contact the knowledgebrokers.com

Topics: International

New Environmental Insurance Requirements- Portugal, Spain, and Others to come

Posted by Scott Brookes

Thu, Jul 15, 2010 @ 10:45 AM

For many years, R&R Insurance has been a member of Assurex Global. Through this partnership, we have relationships with other similar insurance agencies in all 50 states, and in 90 countries. As one of the members of R&R's International Team, we will post emerging insurance topics related to other countries in this blog. Currently, we do have clients with locations here in the Midwest, but also have brick-and-mortar in other countries like China, Germany, Canada, Mexico, and others. In addition, we also have many clients that have exposures related to import/export with other countries as well.

This article was sent to us by our friends at Assurex Global in case we have clients with operations in Spain or Portugal:

Spain and Portugal Make Environmental Liability Insurance/Guarantees a Requirement

If you are an Employer with physical operations in Spain or Portugal, this environmental liability update provided by Chartis will offer some useful background information. It also shows other European countries that will face these requirements over the next few years.

The article is from Chartis, but there are other carriers besides Chartis that can offer this coverage. If you are concerned about this environmental compliance, we would be happy to coordinate a conference call between your company and one of our Assurex partners in Spain or Portugal.

http://www.assurexglobal.com/newsletter/ChartisSpainPortugalUpdate.5.10.pdf

 

Topics: International, Business Insurance