UK businesses are turning to self-insurance arrangements and tackling their risk profile as they grapple with rapidly increasing premiums and more stringent limitations on their insurance cover, the latest Legal Director Benchmarker, conducted in association with Davies Arnold Cooper (DAC), has found.
Some four out of five (79%) of the 100 heads of legal and company secretaries surveyed said their companies had been confronted by significant increases to their insurance premiums when they last renewed.
