Having overstrained workers raises insurance risks, from workplace injuries to professional and product liabilities, and more.
Oliver Wyman’s latest in the Reset4Value series helps leaders power their business for sustainable growth. Here, we share how leaders can leverage their firm’s culture strengths, enhance the capabilities that matter most, and unlock scarce investment dollars to fund them appropriately.
Swiss Re Institute: US litigation funding and social inflation - the rising costs of legal liability
The US is the centre of the world’s third-party litigation finance (TPLF) industry, in which investors such as hedge funds and family offices finance legal action against companies. Of the USD 17 billion investment into litigation funding globally in 2020, more than half was deployed in the US. Litigation funding companies (LFCs) invest in consumer and commercial litigation by funding legal action in return for a percentage of a successful claim sum.
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