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With Black Friday only weeks away, it has been predicted that retailers will once again see record-breaking numbers this year, and sales are projected to surge by as much as 30% on the day. With this influx of customers, retailers are warned that their liability risks will increase exponentially on Black Friday as well.
In the 17th century, London's importance as a trade centre led to an increasing demand for ship and cargo insurance. Edward Lloyd's coffee shop became recognised as the place for obtaining marine insurance and this is where the Lloyd’s that we know today began.
If the crystal ball-gazers are to be believed, hardly any of us will own our own cars in the next 10 years. We won’t even do our own driving, as fleets of self-driving cars whoosh us silently to where we want to go. And as car ownership plummets, the car insurance industry will collapse in on itself. Another legacy wreck on the side of the highway of progress.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?