No one wants to deal with a Professional Indemnity (PI) claim—but if your company offers services, advice, or expertise, it is a risk that comes with it. One of the most effective ways to reduce that risk is to have…
Singapore is known for its well-regulated insurance market that offers businesses a variety of coverage options. Due to that, Singapore based companies are used to the stability Singapore insurers provide for selected risks. Yet, it is not widely known that…
Fractional roles are a growing trend, especially in industries where rapid change and innovation are crucial. The rise of gig economy platforms, freelance marketplaces, and consultancy networks has made it easier for businesses to find and hire fractional professionals. This…
Nominee directorships. This is often seen as a tick-the-box exercise by foreign companies wanting to set up a new entity in Singapore. Have you been asked to be a Nominee Director, either as a one-off for a company, or do…
A family office is a bespoke wealth management entity that exists to meet the diverse needs of high-net-worth individuals or families. Typically, their services encompass investment management, financial planning, tax optimisation, estate planning, and much more. The primary goal of…
In the dynamic world of business, management consultants play a pivotal role in shaping strategies, enhancing operations, and driving growth across all industries for companies, government agencies and non-profit organisations. They help navigate the risks and opportunities for their clients.…
The fitness industry in Singapore is worth SGD 200m, and that number is probably set to grow even higher. Some trends worth noting in the last few years include digital fitness, boutique studios and personal training is on the rise.…
The Medtech industry covers a wide-ranging field of things. From telehealth, diagnosis software to medical devices. All areas of Medtech have a level of risk that can be covered by insurance, especially to cover the companies’ liabilities. This article will…
We explore the key risks for companies within the cryptocurrency ecosystem, and examine what options are available for risk transfer through insurance. Since the introduction of Bitcoin in 2008, the rise and popularity of cryptocurrencies has accelerated in the last…
VCs are well versed in what risks to look out for in potential investments. They are always balancing the risk-reward seesaw for the end goal of an exit. VCs themselves are faced with investment and operational decisions, all of which…
Many companies come to us with a list of insurance requirements requested by their clients in order for them to get an agreement in place. Why do clients (especially enterprise clients) request this, and what sorts of insurance do they…
We’ve blogged quite a bit already about lawsuits being a headache for companies, especially for small businesses and startups. But what is so specific about Professional Indemnity (PI) insurance that you would need to consider taking out this policy? If…
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