Cyber
Unstable economy biggest risk facing SMEs
SMEs expect economic uncertainty to be the defining challenge of the next 12 months, ahead of rising costs, artificial intelligence and cyber risks, according to survey from Everywhen.
Beazley underwriter’s charity ride; Consilium’s cyber partnership; Canopius’ COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Rogue AI attacks mean pricing models ‘need re-evaluating’
Cyber risk experts have warned that insurer pricing models are at risk of redundancy following the recent case of two OpenAI models committing an autonomous cyber-attack.
Why cyber must move from policy purchase to proof of resilience
Glyn Thoms, global FINEX cyber strategy leader at Willis, argues that cyber insurance must be treated as a core part of organisational resilience rather than be bolted on after the fact.
Big Interview: Frank Streidl, Zurich UK
Frank Streidl, head of commercial insurance at Zurich UK, speaks to Insurance Post about the firm’s AI strategy, how it’s dealing with the soft market, and touches on the Beazley deal.
Big Interview: Amy Brettell, Zurich Municipal
Amy Brettell, managing director of Zurich Municipal, gives a sneak peak of the reality of leadership, outlines how provider has transformed in recent years and identifies growth opportunities.
Energy leaders say insurance is ‘essential’ to their business
Energy business leaders view insurance as essential to their business and reckon insurers’ importance will grow, according to new data gathered by Reuters Insights and Axa XL.
Open GI x Covéa; Aviva’s cyber cover; PIB’s CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Has the Adam Winslow hire fired the starting gun for CFC IPO?
Content Director’s View: As former Aviva and Direct Line Group CEO Adam Winslow resurfaced this week after a year-long insurance company exile at CFC, Jonathan Swift unpicks the factors that likely attracted him to the specialist insurer plus the…
Hyperexponential to launch agentic AI underwriting tool
Hyperexponential is launching an artificial intelligence-powered underwriting tool that advances submissions from email to a fully priced risk.
How do you solve a problem like SME under-insurance?
From property and business interruption to cyber and terrorism risks, David Worsfold explores how insurers and brokers are battling to close a widening protection gap among Britain’s small businesses.
Winslow named CFC CEO as O’Shea steps down
CFC has hired former Direct Line Group chief executive Adam Winslow as group CEO, succeeding Louise O’Shea who is stepping down.
Big Interview: Tom Clementi, Pool Re
Tom Clementi, CEO of Pool Re, speaks to Insurance Post regarding his efforts to modernise the government-backed reinsurer, how terror risk has evolved, and where the firm sits on cyber.
What claims professionals should focus on amid the AI hype
Trade Voice: John Bissell, executive director for the Chartered Institute of Loss Adjusters, breaks down where claims professionals should be focussing their attention amid the rise of artificial intelligence.
FCA review calls for ‘trusted’ AI agents in insurance
A Financial Conduct Authority review into the use of artificial intelligence has both warned of the amplification of fraud and cyber risks and said “trusted agents” could help consumers through addressing protection gaps as well as switching firms.
Throwback Thursday: Internet fears; Axa’s trade push
Insurance Post’s Throwback Thursday steps back in time to July 1996 to remind you what was going on this week in insurance history when insurers feared the internet and Axa was pushing into the tradesperson’s sector.
Shifting insurance claims from payout to prevention
As claims costs hit record highs, Fiona Nicolson examines how insurers are increasingly using data, technology and customer engagement to prevent losses before they occur.
Big Interview: Jane Poole, CFC
Jane Poole, chief financial officer of CFC, reveals how she is helping the insurer scale internationally, what she learned during Direct Line’s takeover saga, and why insurance still needs to do more to improve social mobility and leadership diversity.
CFC’s Poole outlines growth blueprint for specialist insurer
CFC CFO Jane Poole’s priority is helping the specialist insurer maintain underwriting discipline and operational agility as it pursues further international expansion.
CFC’s Poole recalls challenge of Direct Line takeover
Jane Poole, former chief financial officer of Direct Line Group, has reflected on the challenge of leading through months of uncertainty during Aviva’s takeover of the insurer.
Q&A: Yvonne Moore, Zurich Resilience Solutions
Yvonne Moore, head of Zurich Resilience Solutions UK, speaks to Insurance Post about how resilience continues to evolve in the face of new risks, and what the firm does to prepare businesses for risk exposures.
Cowbell targets UK cyber dominance
Simon Hughes, chief commercial officer of cyber insurance firm Cowbell, has told Insurance Post that underinsured SMEs are a huge growth opportunity for the business and the sector.
AI ends human-scale cybersecurity as threat windows collapse
Artificial intelligence-driven vulnerability discovery must force insurers and organisations to prioritise resilience over prevention in an environment where breaches are inevitable, according to Judson Dressler, head of the risk operations centre at…
Zurich’s Seach urges industry to tackle AI risk blindspots
As businesses face volatility from artificial intelligence and cyber security, Penny Seach, group chief underwriting officer at Zurich, kicked off the Airmic Conference by telling insurers to identify and overcome “blindspots” to evolving threats.