Whether it’s a tumble dryer that catches fire or baby milk that’s contaminated with salmonella, an increase in safety concerns is putting product recall insurance in the spotlight. With the frequency and severity of claims on the up, there are concerns…
Professional services are most at risk of fraudulent instruction as incidents reported to Beazley quadruple in 2017.
Andrew Bailey, CEO of the Financial Conduct Authority and Canadian astronaut Chris Hadfield are among the speakers confirmed for the British Insurance Brokers' Association's 2018 conference.
A rapid growth in cyber threats has posed a challenge to the industry in acquiring claims data, the International Underwriting Association has warned.
I started this year in style watching the fireworks over Sleeping Beauty’s castle at Disneyland Paris. Looking at January’s headlines the insurance industry has also started this year with a bang.
A survey of Singapore SMEs suggest half are confident the economy will grow this year.
High-net-worth individuals may be concerned by online threats, but it’s physical attacks that worry them most. Tara Parchment, Chubb’s head of European personal risk services, analyses the numbers.
There does not appear to be any slowdown in the number of insurtech start-ups that are aiming to mark their mark on the insurance sector.
Inconsistent regulations and risk of hacking are among the challenges that need to be overcome as loss adjusters are increasingly using drones to assess insured damage, said Nick Barber, head of property & energy claims - Europe at AIG.
Connected cars are vulnerable to hacking and therefore pose a terror risk, a conference in Budapest heard.
Losses from a single cyber attack could see the industry fork out more than a major loss natural catastrophe like Hurricane Katrina.
Allianz's annual global survey of risk managers reveals cyber risk is an increasing concern.
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Terrorists and hackers
Infopro Digital's offices are now closed until Tuesday 2 January 2017 for the festive period. We would like to take this opportunity to wish you all a very Merry Christmas and a Happy New Year from the Post team.
Do you hold strong opinions and views about the growth potential of the nascent cyber insurance market?
Taking risks is in the DNA of many media and technology firms and insurance should be the enabler that allows them to do this effectively.
The competitive insurance market has triggered low premiums for professional indemnity cover but Terry Pegg, director of sales and marketing at Tokio Marine HCC, argues this does not mean that standards in policies or service levels should be slipping.
Whether through human error or ignorance, companies are exposed to cyber risk through employees and must consider their defences
Ransomware attacks and data breaches have brought cyber insurance to the headlines but is this raising awareness of the product and do customers and brokers now understand its value?
Hiscox has brought together its cyber expertise to form a ‘virtual business unit’.
Just one in ten UK small businesses have cyber insurance, according to a survey.
Insurers are putting increasing capital into technology as a means of getting around the lack of agility in existing business models, a conference heard.