Interesting, weird and quite possibly useless insurance facts

History of Insurance Many people believe that insurance, a method of equitably transferring and distributing risk, started with Lloyds (the “world’s specialist insurance market”) in the late 1600’s, as a means of funding and securing the risk of trading vessels as they set out on their journeys to the New World. Of course, Lloyd’s, then, […]

Company Health Insurance – What you need to know

Many expatriates are fortunate to have company funded medical insurance as part of their remuneration package.  However, as international health insurance plans have become gradually more and more expensive an increasing number of expatriates have found themselves on local employee benefits plans instead.  Happily for most people this will be fine, but serious accidents and […]

The Cyber Security Threat to SME’s

Recently we reported on the real cost of a cyber security breach and outlined that an average date breach results in around 29,000 compromised individual client records. Apart from the actual cost of remedying the cause/s of the cyber security breakdown, the average cost to a company for lost business alone was about $3,300,000 (Baht […]

The real cost of a cyber security breach

In an earlier post, we advised that the average loss for a large company resulting from a cyber security breach cost around $5.9 million, or roughly Baht 185 million. On average, a Poneman Institute study found that, in the US, a data breach resulted in around 29,000 compromised data records with an approximate cost of about Baht […]