Cyber
Directors could be held personally liable for cyber attacks
Company directors and officers could be personally exposed to lawsuits, shareholder actions and regulatory activity if they are found to have breached their duty in the wake of a cyber-attack, according to Marsh.
Aviva unveils cyber cover for SMEs
Aviva has launched its first cyber cover designed for small to mid-market customers to help combat the increasing threat of data and privacy breaches.
Interview - Patrick Smith: The business of risk
Post caught up with new Airmic chairman Patrick Smith to find out his plans for the organisation and hear more on how risk management is making its way up to the boardroom.
Airmic: Liverpool Lowdown
With Airmic’s 2015 conference taking place in Liverpool. Post asked industry movers and shakers about which city hotspots they’ll be checking out and what they expect from this year’s event.
Human error to blame for 75% of cyber breaches at large firms
Human error continues to feature heavily in cyber breaches despite increased staff training, according to a new report.
C-Suite: Cybercrime is still a low priority in Asia-Pacific
As cyber attacks become more frequent and damaging, many public companies in the Asia-Pacific region remain complacent about the issue and do not perceive it as a top priority despite their increasing vulnerability writes AIG's Jason Kelly.
Insurers ‘not yet at the table' to provide cyber solutions to customers
Marsh's UK and Ireland CEO Mark Weil has told the insurance industry that it has more to do to prove to customers that it can provide solutions to the growing cyber threat that is hanging over clients' businesses.
ABI says that cyber insurance to be the norm by 2025
Cyber insurance should become as common a purchase for UK businesses as property insurance within the next 10 years, the Association of British Insurers said today.
Interview: Julian Enoizi: A pool of knowledge
Eighteen months into his role as CEO of Pool Re, Julian Enoizi talks about the changes he has made, how a new government may affect things and offers advice to Flood Re.
Editor's comment: Insuring the uninsurable
Insurance industry leaders repeatedly tell me how proud they are of the sector’s ability to innovate – after all insurance is usually at the cutting edge of developments and insures risks ranging from satellites in space to deep sea exploration.
Product innovation required as global firms face uninsurable risks
Industry experts have highlighted product innovation as a means of addressing the findings of an Aon study that showed six of the top 10 risks impacting global businesses are uninsurable.
Allianz to offer cyber and reputation lines in China
Allianz Global Corporate & Specialty will offer cyber and reputation risk insurance in China from June.
Ghost broker awaits sentencing for selling bogus insurance via fake company
A consultant is due to be sentenced for ghost broking after admitting selling bogus motor insurance to UK drivers through a fake company.
Blog: Why is there a lack of capacity in the cyber market?
In this digital era, why are so many businesses still unaware of the cyber threat?
C-suite - Broker: Preparing for cyber attacks
Many SMEs are ill-equipped to deal with the threats they face from hacking, says Marsh's Julie Page.
C-Suite - Broker: From price to advice
The agenda of the broker must change, with a renewed focus on understanding customers, says Phil Barton, chief executive, Jelf.
AGCS hires first UK-based cyber risk consultant
Allianz Global Corporate and Specialty has appointed Rishi Baviskar as its first UK-based cyber risk consultant.
Cyber veteran Milner joins Miller
Simon Milner has joined global broker Miller to help grow its cyber book.
Editor's comment: Moving with the times
Cyber is the watchword of this generation and it’s hard to image how our world would function without all the technology we use every day.
Blog: What they don't tell you about PCI compliance
Payment card industry compliance has been around for a number of years, yet there is still an attitude amongst businesses - especially smaller ones - that it doesn't apply to them and that the threat of a breach is far less than that facing larger…
Government reveals plan to make London cyber capital
The UK government today (23 March) unveiled plans to make the London market the cyber risk management capital of the world in a report released in conjunction with broker Marsh.
Steadfast invests in emerging risks SME underwriting agency
Australian broker Steadfast has joined forces with South African insurer Hollard Insurance to invest in an underwriting agency aimed at SME emerging risks.
FBI investigates insurer cyber attack
US intelligence service the FBI is investigating a hack attack on US health insurer Premera.
C-Suite: Risky business
Ace’s Toby Merrill outlines the risks of employees being allowed to access company data on their own devices.