Monday, April 23, 2018

SURGE IN MANAGEMENT LIABILITY CLAIMS DRIVEN BY HARASSMENT HIGHLIGHTS LATEST CLEMENTS WORLDWIDE RISK INDEX FINDINGS

NGOs and international schools are the leading industries experiencing loss from this growing trend

Washington, DC, April 19 (Bernama-GLOBE NEWSWIRE) -- The rise of professional and management liability due to global harassment and abuse claims is a leading cause of loss and risk among global organizations, according to the 2018 Clements Worldwide Risk Index, released today in Lagos, Nigeria in an event held in collaboration with the U.S. Embassy in Nigeria.

The survey, which is released annually, found that 17 percent of the organizations surveyed shared they were subject to a lawsuit or litigation within the last six months, with industries such as international schools (28 percent), government agencies (25 percent) and government contractors (29 percent) the most impacted by this loss. Twenty-seven percent of NGOs and UN agencies reported that they had suffered a significant loss from professional and management liability.
http://mrem.bernama.com/viewsm.php?idm=31715

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