Cyber
Aon buys NFP; ARMD launches MGA; NordVPN offers cyber cover
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
MGA Review of the Year 2023
With large insurers and mainstream players pulling out of certain lines in 2023, and products reverting to the core areas, MGA chiefs plan to continue to step up and fill that gap in 2024.
Marsh predicts cyber rates will fall in H1 2024
Marsh expects to see the price of cyber insurance decrease over the first half of next year, noting that its clients have already seen rate decreases in 2023.
Claims and Legal Review of the Year 2023
Looking back at 2023, law firms and claims professionals reflect on how double digit inflation hit the sector and look forward to artificial intelligence speeding-up administration in 2024.
Lloyd’s D&O book expected to shrink
Directors’ and officers’ insurance is set to contract as a class of business at Lloyd’s next year, as the market keeps up its strong messaging on what it expects of underwriters.
Q&A: Will McAllister, Guidewire
Will McAllister, senior vice president and managing director of EMEA at Guidewire, shares the software provider’s plan to do more business in the UK plus how insurers can now launch new products in a few hours.
Mapfre calls for AI regulation and improved cyber collaboration
Antonio Huertas, chairman and CEO of Mapfre explained why AI regulation is needed and how cyber continues to leave the industry at a crossroads.
UK develops secure AI guidelines
The UK has published guidelines to ensure the secure development of artificial intelligence technology.
Diary of an Insurer: Ecclesiastical’s Sarah Pearson
Sarah Pearson, head of enterprise risk management at Ecclesiastical Insurance, kicks off the day with Special K, helps businesses to carry on and ends the week abseiling down Derby Cathedral to support Rainbows Children’s Hospice.
Hackers issue Sabre with ransom demand following cyber attack
The hacking group behind Sabre’s cyber attack last week has issued the insurer with a ransom demand and given a deadline for which to respond.
SMEs must beware Black Friday too
There is always plenty of guidance for consumers, at this time of the year in the run up to Black Friday, but businesses are equally vulnerable to the same scams and really need to think about their own promotions.
Sabre suffers cyber attack
Sabre has today revealed it was subject to a cyber attack last week, however it believes no sensitive data was accessed.
Tokio Marine reveals risks faced by London
London’s future is threatened by more extreme flooding and failure to keep pace with technology, according to a new study, with Tokio Marine arguing insurers should help the city prepare for cybersecurity and artificial intelligence developments.
Insurers are financially steady but shaky at articulating risks
Analysis of Solvency II reporting of 100 of the largest non-life UK and Ireland insurers showed the financial strength of the market remains strong but providers need to up their game on articulating operational risks.
AssuredPartners’ double swoop; LMA and Liiba’s collab; Pen’s IP proposition
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
View from the top: CFC’s Newman on why scaremongering won’t shift cyber policies
Graeme Newman, CEO of CFC, argues cyber insurers should play to its strengths rather than peddle sensational statistics.
Why cyber insurance’s evolution requires an AI injection
Hartmut Mai, president at Cyberwrite, argues AI is required to produce cyber insurance suitable for today’s business needs.
Managing underinsurance risks and valuations
Analysis: As inflation continues to be an issue across all lines of insurance, Sam Barrett explores how brokers can use AI to manage underinsurance risk and valuations.
What NFTs mean for fine art insurance
Analysis: Edmund Tirbutt examines what the advent of non-fungible tokens means for insurers, and whether the industry is designing an array of cover for this emerging art form.
RSA’s PI product; Jensten’s One Broker deal; GTA names chair
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: How MOVEit highlighted supply chain issues in insurance
Charles Clarke, director of insurance at SecurityScorecard, examines the painful lessons for insurers that have come as they realise their clients’ third and fourth-party vendors pose some of the most serious and systemic cyber risks.
Zurich cuts claims times; Marsh's global cyber practice; Brown & Brown partners with Ageas
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva: SMEs ‘woefully underserved’ for cyber cover
Cover against damage from cyber attacks against SMEs has been branded as “woefully underserved” at an Aviva event.
Howden’s climate practice, Ecclesiastical and Iprism partner and WTW’s claims chief
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.