Typhoon Disaster Prevention and Maintenance for Building Structures
China is one of the countries affected most severely by typhoons globally. These climate events are characterized by the huge size of the affected area, high frequency, and the heavy loss and damage they caused. For various reasons, our clients suffer from losses due to typhoon events every year which have caused substantial property damage and injuries or deaths of their personnels.
Food Safety Liability Insurance
One more line of defense for long-term business operation with no more worries
It is summer vacation time and the peak season for the sales of milk tea – the hip beverage wildly popular among young people in China. Many milk tea brands recommended by social media influencers have appeared into public view. However, food safety in this “new tea” industry has become a major concern of the society.
Flood risk mitigation: preparing a response plan
Major weather events have become a regular feature on our daily news including periods of prolonged rainfall resulting in flood events. Flooding can cause widespread damage and disruption to homes, businesses, and national infrastructure, potentially resulting in costly restoration and business interruption. The continued effects of climate change mean extreme weather events are projected to increase in severity and likelihood. Preparation before a flood event is key to help avoid or minimize the impact of a flood loss.
Parenting and Productivity: A Winning Workplace Formula Focused on Employee Benefits and Wellbeing
In today’s evolving work environment, employee wellbeing stands as a cornerstone of successful organizations. For working parents, balancing professional duties with family life is critical not only for personal happiness but also for workplace productivity. Companies that prioritize family-friendly policies and employee benefits not only retain top talent but also foster a culture of trust, loyalty, and wellbeing.
Employer’s Legal Liability Beyond Work Injury Compensation
Employer’s liability refers to the legal responsibility that the employees made to their employer in the employees’ bodily injury claims due to the employer’s intentional act, negligence or liability without fault.
Although most people’s first reaction could be work injury compensation, in fact, the employer’s legal liability includes many other aspects not limited to that.
Protecting businesses against a rising cyber threat
A rapidly changing cyber risk landscape requires companies to reassess defence levels regularly to minimise potential damage to their balance sheets and reputations. While cyber insurance underwriters have become very selective in their approaches, this process is having a positive effect in helping companies to identify and address their weaknesses.
Travelling Aboard – From A Risk Management Perspective
With China’s increasing foreign trade and cultural exchange with the world, Chinese people travelling for business and leisure purposes becoming more and more frequent. When travelling abroad, the problems faced by the people can be related to language, local customs and habits, region and culture, safety, transport, medical needs and many situations differ from those in China. From a risk management perspective, these differences imply risks. Some of them could be relatively riskier than others which need better preparations and serious precautions.
Professional Indemnity – Protector for Working Class
As a broker, we have seen a continuous rise of enquiries about Liability Insurance in China recently, with an especially high attention on Professional Indemnity. This article is a brief discussion of its basics, the industries needed to buy Professional Indemnity Insurance (PI) and the main aspects affecting its pricing. What is Professional Indemnity Insurance? Professional Indemnity Insurance is designed to protect insured businesses from claims arising from their mistakes, errors or omissions of their professional services. Whether if they are lawyers, medical practitioners, consultants or engineers, this type of insurance can provide them with the necessary protections to ensure […]
Driving Gender Equality and Empowering Women Leaders in the Workplace
In today’s rapidly evolving business landscape, talent scarcity has become a pressing concern across industries. Factors such as an aging population, declining fertility rates, widening wealth disparities, and the emergence of generative AI and Web3 developments contribute to the complexities of fostering gender equality. To create an inclusive culture at work that empowers and supports women leaders, organizations must proactively address the following challenges: Societal Pressures on Caregiving Responsibilities In Hong Kong, almost half of working adults have caregiving responsibilities, with women bearing the majority of this burden of caregiving for both the elderly and children, including those with special […]
Employee Wellbeing: The key to success in the future of work
Author : Stella Sung, Senior Vice President of Head of People Solutions, North Asia, Lockton Companies (Hong Kong) Ltd. Employee wellbeing has been a widely discussed topic over the past year. The pandemic has certainly transformed the way employees think about work. Employee wellbeing is now more important than ever. So, what exactly is employee wellbeing? Today, it has expanded beyond physical health such as gym memberships, yoga classes or health checkup. Physical health is just one piece of the puzzle. It has now been broadened to other area of focuses, particularly in mental, financial, and social wellbeing. With the […]
