Cyber
Analysis: Tracking rail risks
Railways are travelling through a changing landscape of severe weather risks and terror perils, but perhaps none so arresting as the cyber threats raised by their new reliance on digital connectivity
Blog: I(nsured), robot
It is unlikely that all robots will require cover, Victor Fornasier and Kathryn Mycock, partner and associate at Hogan Lovells, examine the rationale for compulsory insurance.
Crawford boss to become partner at Harris Balcombe
Crawford’s head of financial risk services, Steven Nock, is to join loss assessor Harris Balcombe when partner Nick Balcombe retires in autumn this year.
State of the Broker Nation 2018: Probing broking
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Interview: Edmund Dilger, Policy Castle
Digital household insurance broker Policy Castle is on the hunt for funding as it looks towards partnering with high street brokers and large insurers.
Business leaders ‘turning their backs on Europe’
UK business leaders have turned their backs on Europe as political uncertainty and regulatory concerns see decision-makers’ focus on the domestic market, according to survey findings.
Silent cyber holding back insurance market, survey claims
Silent cyber risk is the largest inhibitor to the growth of cyber insurance, according to a Post survey.
Blog: Can GDPR alter the public mindset on data protection?
GDPR could help build a culture where protection of virtual assets is seen to be as important as locking the front door. Paul Dix, the vice president of insurance at CGI, explains the opportunities for insurers if this scenario works out.
Blog: Intellectual property insurance still under valued despite rise of cyber attacks
There still appears to be a significant disconnect between the understanding of cyber risks and the response to them at board level. RGL Forensics partner Ben Hobby explains that as a result companies might have already suffered, or are about to suffer,…
Endeavour introduces cyber offering to protect against physical damage
Delegated Authority Specialist and Lloyd’s Broker Endeavour has developed a cyber product to protect manufacturers against the physical damages that occur due to a breach.
Regional review: Jersey
The largest of the British Channel Islands, Jersey is located 100 miles from the south of England and 14 miles off the French coast. Covering 45 square miles, the island offers one of the world’s major international finance centres. For the island's…
Brokers informed: W&I for bricks and mortar
Warranty and indemnity insurance has seen significant growth in the real estate sector over the last few years. And, with the cover offering significant advantages to those involved in real estate deals, many expect it to become a standard part of any…
Blog: The five peril categories to better manage cyber risks
There needs to be a significant shift in how cyber risk is understood and managed to help boards have a more accurate view of potential losses, as well as opportunities. Robert Vescio, chief analytics officer, SSIC, explains how using five peril…
UK is a few years away from direct cyber market: CIBA 2018
The cyber insurance market is evolving into a more digitally enabled one, which might help it open up to smaller customers where penetration is typically lower.
This week in Post: Why insurers should head to a Maths Jam
This week I attended my first Maths Jam, a gathering of self-confessed maths enthusiasts who get together in a pub and share stuff they like.
My Other Life: Stephen Ridley, triathlon competitor
When not busy as lead cyber underwriter at Hiscox UK and Ireland, Stephen Ridley competes in triathlons.
Blog: How brokers can convince schools to buy cyber coverage
With less than one in three UK schools covered by cyber insurance, Faith Parish, education director at Ecclesiastical, explains how brokers can encourage take-up.
Analysis: Risks, challenges and opportunities of commercial use of listed buildings
Underinsurance casts a long shadow across the world of listed properties, especially when owners are constantly expanding commercial activities. Experts warn that there can be many traps for the unwary or naïve, many of which do not come to light until…
Blog: How to make your cyber offering stand out
Cyber insurers can gain market share by differentiating their products. Benedict McKenna, vice-president and London operations claims manager at FM Global, explains how.
UK General launches cyber personal lines product
UK General has launched a personal lines cyber insurance product to cover loss from cyber bullying, defamation and insured data held on smart devices.
Blog: Non-damage business interruption comes ashore
Non-damage business interruption has long existed in the maritime sector and could come ashore for companies looking to protect themselves, especially from cyber risk, explains David Williams, underwriter at The Strike Club.
China-backed hackers can cause insurers 'extensive' losses
China-backed hackers have the technical capabilities to cause insurers extensive losses, a consultant warned.
Fight against hackers is like 'Cold War on steroids'
The cyber security and insurance industries are focusing too much on products and neglecting the human factor that is at play in 95% of data breaches, a conference heard.
AIG's Steve Agutter on combining robotic insight and human touch
Claims adjusters need to embrace automation but it's their human touch that will win - or lose - customers, explains Steve Agutter, head of claims at AIG International.