Latest insights

Our latest news, views and opinions

Get in touch  

Welcome to ASL and to insurance!

September 2024

Read more

Bienvenue + Bienvenido, Tom Widdowson!

September 2024

Read more

Generative AI and ‘Deepfake’ Technology – Implications for Insurance

July 2024

Read more

Chartered Accountant Ciara Farrelly joins ASL’s London team

April 2024

Read more

Ransomware Attack at a US Community Hospital

March 2024

The claim was for loss of income and costs.

Read more

Middle East Bank – Trade Finance Loan Fraud by a Corporate Customer

January 2024

A major Middle East bank reported a complex fraud relating to eight loans advanced under a trade finance facility to a corporate customer in Singapore. We verified the Insured’s loss in excess of USD 18.5 million.

Read more

Commodity trading fraud – an increasing problem

November 2023

Thomas Morley explores the evolving threat of commodity trading fraud worldwide, with reference to our recent claims experience.

Read more

Alice Squizzoni joins our growing Dubai team

November 2023

Read more

Ransomware Attack Affecting Private Schools in Singapore

November 2023

For this claim, we were instructed by insurers to gather information and documentation in relation to the costs incurred by the insured group of schools.

Read more

Bank Refund Fraud – a New Trend

August 2023

Bank fraud is always evolving, and our experts are in a unique position to spot emerging trends in bank fraud. Marcus Newman identifies a new development and explores how banks could prevent these frauds.

Read more

Customer issues Court Proceedings against Bank after Personal Assistant spent USD 3.75 million on Credit Card

August 2023

The Insured, a Middle Eastern bank, reported a potential exposure of c.USD 5 million after unauthorised transactions were made using a high-net-worth customer’s credit card.

Read more

ASL welcomes two more Chartered Accountants

July 2023

We are delighted to add two more talented and exceptionally well qualified accountants to our multi-disciplinary team.

Read more

DDoS Attack on an e-Commerce Platform

May 2023

This Distributed Denial of Service “DDos” attack affected the eCommerce platform of a retailer of horticultural and garden products.

Read more

Promotion News!

May 2023

Read more

Risky Business our latest podcast, available now

March 2023

Listen to our latest podcast ‘Risky Business’. Now available on your chosen podcast platform.

Read more

Chartered Accountant Thomas Morley joins ASL London

March 2023

Read more

On International Women’s Day

March 2023

ASL are celebrating International Women’s Day by supporting three intrepid women in “the world’s toughest row”!

Read more

Customer claim against UAE Bank arising from a lost cheque

January 2023

A customer of a bank in the UAE deposited a cheque for SAR 1,000,000 drawn on a bank in Saudi Arabia.

Read more

How to Spot Pinocchio … 5 Top Tips to Help Companies Avoid Social Engineering Fraud

December 2022

Our crime lead, Ruth Willmington, advises on the top 5 red flags that insurers should be warning their clients about.

Read more

ASL welcomes Alice Herbert

December 2022

Read more

ASL welcomes Elinor Lamerton

December 2022

Read more

ASL is pleased to announce Joana Ball’s promotion to Associate Director

November 2022

Read more

Welcome back!

September 2022

We are thrilled to welcome back three very experienced expert adjusters from maternity leave. Jo Raby, Sandy Kapoor and Claudia Houlihan are all returning to ASL over the course of this month.

Read more

Fraud at a Lebanese Joint Venture

August 2022

A multinational courier firm. Local laws regarding business ownership meant the Lebanese operation was a joint venture.

Read more

Organised Fraud – Where does the money go?

July 2022

Ruth Willmington, our Crime lead, shares her insights on where the money goes and whether it is worthwhile pursuing individuals and recoveries

Read more

Marine cyber threats fast evolving

May 2022

Rob Lloyd reflects on the cyber risks affecting the maritime sector.

Read more

What will the impact be of the anticipated implosion of the Russian banking sector? 

May 2022

Helen Meredith reflects on her experience of adjusting Russian banking claims and considers the challenges ahead.

Read more

ASL is pleased to announce Dan West’s promotion to Associate Director

May 2022

Read more

LMA FI/PI Claims Committee Symposium – 5th May

April 2022

Our Cyber lead and FI Director, Rob Lloyd is looking forward to speaking at this exciting event - please join us!

Read more

Doing Something to Help

March 2022

If you are looking for a way to support Ukrainians, please consider joining ASL in donating to this excellent initiative

Read more

Employee Theft of Client Funds – UK Professional Services Practice

March 2022

The Insured's employee stole funds from two bank accounts containing the firm's clients funds.

Read more

Sustainability, ASL and the Market

March 2022

Jo Ball discusses how the impetus to counteract climate change is a win:win for the planet, insureds and of course insurers.

Read more

ASL welcomes Ayda Hajihosseinloo

February 2022

Read more

ASL is carbon neutral!

January 2022

We are proud to announce that we are starting the year with a literally clean slate, and in partnership with Carbon Neutral Britain, we have attained carbon neutral status.

Read more

ASL welcomes Max Gross

January 2022

Read more

Dishonesty of Employee and SIM Swap Fraud – Bank in the United Arab Emirates

January 2022

The insured are a large bank in the United Arab Emirates. As much as USD 1.5million was stolen from customer accounts.

Read more

ASL welcomes Charlie Harris

December 2021

Read more

ASL announces Alison Horne’s appointment as Associate Director

November 2021

Read more

UK literary agent hit by ransomware attack

September 2021

The insured, a UK based literary agent, were hit by a ransomware attack in the days following the initial Covid-19 lockdown. As with many SMEs, the insured were still trying to navigate the challenges of working from home, and this made the attack particularly disruptive.

Read more

Where does BBB Computer Crime cover end and standalone Cyber cover start for Financial Institutions?

September 2021

Kunal Benodekar considers the impact of increased cyber crime on BBB and cyber cover.

Read more

ASL welcomes Jessica Bain

August 2021

Read more

5 Steps to Maximise Recoveries

August 2021

Georgina Fenton describes the 5 points that will put you in the best position to recover the greatest sums

Read more

ASL welcomes Marcus Newman

July 2021

Read more

Personal loan and credit card frauds – a Dubai Office perspective

June 2021

Alison Horne writes about the trends we are seeing at ASL’s Dubai Office relating to personal loan and credit card frauds in the Middle East and highlights some relevant policy considerations

Read more

Impropriety by GM – Colombian Subsidiary of Healthcare Provider

May 2021

A European-owned multinational with offices worldwide. The General Manager had founded the business himself and had sold out to the multinational.

Read more

ASL announces Kunal Benodekar’s appointment as Associate Director

April 2021

Read more

Will there be a sharp rise in the discovery of crime losses following the pandemic?

April 2021

Hetle Soni comments on a BBC News article relating to an employee accused of skipping work for 15 years.

Read more

ASL supports Healing Venezuela charity

April 2021

ASL are delighted to have been able to support Healing Venezuela in their first virtual Rum Experience held last month.

Read more

How will the pandemic affect emerging markets?

March 2021

Helen Meredith comments on an article in Insurance Day on insurer reserves and the spectre of emerging market debt default

Read more

What has prompted an upturn in investment management claims?

March 2021

Insurance claims made by investment managers and administrators post-pandemic and referred to us at ASL are increasing.

Read more

We comment on International Women’s Day

March 2021

The gender diversity statistics for our industry are still behind the curve; however, the article concludes that there is light at the end of the tunnel and I think that’s right.

Read more

Robert Lloyd talks to Brian Alexander, Group Practice Leader for GrECo Services

March 2021

Brian Alexander, Group Practice Leader Financial Institutions, talks with Robert Lloyd, Director at ASL about trends in Crime & Cyber claims, the effects of Covid-19 on claims and the neutral and objective position of the loss adjuster.

Read more

Will fraud be bigger than Covid-19 for trade credit?

February 2021

In our last newsletter we commented that we had seen an increase in claims resulting from fraud – particularly involving commodity traders. According to the GTR, this was also the topic which most concerned trade credit professionals in 2020.

Read more

Interview with our new Managing Director

February 2021

Helen Meredith has stepped up as Managing Director of ASL. In this interview she is asked about her thoughts on this new position

Read more

Social Engineering – Recent Trends

February 2021

Frauds involving social engineering are continuing to result in substantial losses. This short article sets out some recent trends we have seen at ASL.

Read more

ASL announces Helen Meredith as new Managing Director

February 2021

A law graduate and chartered accountant, Helen joined ASL in 2002 and has been a board director for the last 14 years. Helen takes over from Michael Walter, who has stepped down to a consultancy role.

Read more

ASL announces Michael Walter’s retirement as Managing Director

February 2021

It’s certainly well deserved, after more than 30 years with ASL and nearly 24 years as Managing Director.

Read more

Dishonesty of Employee – Hong Kong Branch of a Management Agency

January 2021

A US-owned agency with offices worldwide. The Hong Kong branch was previously independent and had been sold to the international agency in the 2000s.

Read more

Have insurers turned a crisis into an opportunity?

January 2021

Key participants in the credit and political risk market have been telling us that they are not seeing the anticipated tsunami of claims as a result of Covid-19.

Read more

Claim Trends From Our Dubai Office

October 2020

More evidence of claims relating to credit, cybercrime and PI across the Middle East and Africa, as well as the Far East

Read more

SME Update – Cybercrime and Business Interruption

September 2020

It’s been a busy few months for the cyber team here at ASL. Why? Largely because of an increasing number of cybercrime and business interruption claims notified by SMEs, especially in the UK.

Read more

Potential impact of Covid-19 on Bankers’ Blanket Bond & Commercial Crime Policies

May 2020

Clients have asked us about the potential impact of Covid-19 on Bankers’ Blanket Bond and Commercial Crime policies. Here are our thoughts on some of the factors that could lead to increased criminal activity.

Read more

Adjusting to Covid19 – Loss Adjusting at ASL During and After the Pandemic

May 2020

In the 12 months prior to the pandemic our team travelled to over 40 countries to adjust claims; we explain how our work has changed now that we are all confined to home.

Read more