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Money

Businessman salvation, surviving the storm buiness concept as a scared man hanging on a chain above the ocean water, trying to climb up. Risk symbol, metaphor for conquering adversity and overcoming challenges.

OPINION: Historic precedent

Business insurance has been at the backbone of businesses large and small for centuries. In fact, it was available at the end of the 17th century, when London’s growing importance as a center for trade was increasing demand for marine insurance. And, enterprises learned, even then, that if they were forced to close following a disaster, they ran the risk of never opening their doors again.

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Cure needed

Worldwide, commercial insurance pricing increased for the 11th consecutive quarter in Q2 of 2020, according to the most recent Global Insurance Market Index released by Marsh LLC, a global insurance broking and risk management company.

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