Cyber
Legal Update: Driverless car policies don't preclude product liability
As automated vehicles take to the roads, the government is likely to focus on one motor insurer as the first port of call for any third-party claim to simplify the claims process. However, that will not preclude other proceedings based on product…
Blog: The three pillars of cyber cover
Recent reports that copies of footballer David Beckham's personal emails had been stolen from his publicist illustrate the speed information can spread once personal or sensitive information is placed in the public domain.
Pool Re: The changing face of terrorism
The number of terrorist incidents on UK soil has dropped since Pool Re was set up, with Irish republican paramilitary attacks giving way to less frequent strikes by radical Islamic terrorists, however, the threat to the country remains as severe
Phone app allows policyholders to log a cyber claim
A phone app that enables policyholders to easily claim for a cyber breach has been launched by CFC Underwriting.
Blog: Is your data breach response plan good enough?
Many savvy organisations are investing time and thought into data breach response plans.
UK businesses to increase cyber security spend
Three out of five UK businesses will increase their cyber security budget in the next year, with more than 20% of those doubling their spending.
Brit launches US cyber team
Brit has launched new cyber and technology team for Brit Global Specialty USA, with Michael Carr appointed as senior vice president, to lead the offering.
Blog: Insuring automated vehicles will require data sharing
Private and commercial vehicles with advanced automated functions are going to gradually enter the UK market over the next few years. In addition to changes to the regulations governing vehicle type-approval, a number of amendments need to be made to the…
Aviation Claims: Winging it
Despite a number of air accidents over the past few years, safety when flying has improved dramatically. However, overcapacity and a lack of profitability could be affecting the market
Cyber controls are 'not fit for purpose'
Organisations' cyber controls are not fit for purpose, including those recommended by government, according to research from the University of Oxford and Novae.
Social media libel: Keyboard warriors
Social media grants people the ability to broadcast their opinions to a wide audience. What coverage can insurers provide against libel?
The Polish insurance market and its prospects
Price wars in the motor sector have contributed to poor results for Polish insurers, but the market could be shaken up by upcoming distribution rules and potentially growing demand for property, liability and cyber policies.
Catastrophe bonds: A good year for disaster
Catastrophe bonds were invented in the early 1990s to help insurance companies mitigate the risk of major disasters. With storms brewing both politically and environmentally, can the catastrophe bond market open new doors to insurers in 2017?
Risk managers and business leaders must be 'cyber savvy'
The UK’s business leaders and risk managers need to be ahead of the curve when it comes to cyber risk, said Julia Graham, technical director at the Association of Insurance and Risk Managers.
Novae promotes Trueman to chief innovation officer
Novae has promoted Dan Trueman to the role of chief innovation officer
Hiscox backs cyber capacity for Towergate MGA Fusion
Towergate-backed managing general agent Fusion has launched a cyber and data product offering limits of up to £5m.
Brokers more worried about Trump than Brexit
Brokers are more concerned about Trump than the UK’s exit of the European Union, according to a survey.
Post Power List 2017 – bubbling under: Charles Franks
Group CEO, Tokio Marine Kiln
Post Power List 2017: Andrew Kendrick
Senior vice-president of group and president for Europe, Chubb
London market has 'resilience to survive $200bn loss event'
The London market has sufficient resilience to withstand a $200bn (£160bn) loss caused by two major events over a two week period, according to a stress test conducted by an industry steering group.
Spotlight: Claims Assistance: Providing claims support
For SMEs, the delays inherent in complex claims can mean coming perilously close to insolvency. What can brokers do to support them through the process?
Questgates launches cyber investigation service to assess business interruption loss
Questgates has launched a cyber investigation loss adjusting service that can assess the cause and liability of a cyber attack.
Beazley handled 2000 data breaches last year
Beazley managed nearly 2000 data breaches for its clients last year, with a third of those breaches from hacking or malware.
Legal Update: D&O liability, data protection and the avoiding of bogles
Scots worldwide are preparing to celebrate the works of poet Robert Burns. Two lines from his famous poem Tam o'Shanter will be spoken at many events: "Gathering her brows like gathering storm, nursing her wrath to keep it warm".