Liability is seen as a board level issue:
Two in three heads of legal (63%) said that the cost and availability of liability insurance was a board level issue. One in three (31%) said that it was an operational issue for the management within the company.
Adequate insurance cover is seen as of high importance to future of business:
Asked how important adequate insurance cover is to the future of their businesses on a scale of one (not at all important) to 10 (utmost importance), heads
of legal gave a score of 7.95 indicating a high degree of importance.
