The TRUMPF Group is entering into a strategic partnership with Munich Re to develop a pay-per-part model for factory machines, making production processes more flexible and enabling user companies to scale up or down more easily. The offering includes insurance against the financial impact of potential production downtime.

From midnight tonight, UK businesses will be subject to new rules aligned with the the new three-tier COVID alert levels system introduced this week by the Government. Local COVID alert levels set out information for local authorities, residents and workers about what to do and how to manage the outbreak in their area.

Businesses struggling during the second wave of COVID-19 are urged to adopt the principles of agility that saw other organisations through the first.

AI-powered video analytics firm, Ipsotek has today launched a new tool that detects whether or not employees are adhering to COVID-related social distancing measures. Proximity Detection analyses shape, appearance and trajectory to identify individuals anonymously -- rather than face recognition or mobile phone signal tracking, deploying tailored algorithms to analyse camera footage in real-time.

A new survey reflects rising levels of confidence amongst general insurers, despite expectations of another challenging year in 2021. Optimism amongst life insurers remains flat, which is still a significant improvement on recent quarters.

Case studies of London, New York City, Miami, Mexico City, Johannesburg, Riyadh and Shanghai aim to help risk managers, as well as Lloyd’s market insurers and brokers, understand the risks that will influence the design and function of cities in the coming decades. More than half of the global population now live in urban areas.