Cyber
Cyber insurance market could ease European digital risk fears
European businesses have been warned that the traditional cover offered by the continent’s insurance providers may not comprehensively address digital risk.
UK companies unprepared to deal with cyber crime
A workshop hosted by QBE has revealed that UK companies are ill-equipped to deal with cyber crime, despite its costing UK business £27bn a year.
Willis appoints Asia FINEX head
Willis has appointed Tony Mitchell as regional head of the firm's financial, executive risk and professional liability business in Asia-Pacific, in response to the increasing exposures faced by executives of companies expanding globally.
Airmic 2012: Buyers unaware of cyber cover market growth
Insurance buyers are in the dark over the growing market for cyber risk cover, research by Airmic has revealed.
Insurance industry struggles to respond to new technological threats
Leading organisations across Europe are failing to integrate cyber threats fully into their risk management strategies, despite mounting concerns about cyber risk.
View from the Top - Insomnia risks
Every survey of 'risks that might keep a CEO awake at night' over the past 12 to 18 months has included 'cyber risk' and will continue to do so.
JLT responds to market demand with cyber product
JLT Specialty has launched an intangible and cyber exposure service in response to market demand.
JLT aims to tackle risk managers' 'exasperation' at cyber risks
JLT Specialty has launched an Intangible & Cyber Exposure service.
Online video: Future technology and risk in the commercial lines sector
As companies become more ensconced in technology and reliant on it for all facets of business this video discussion looked at future technology, the risks such technology might bring for businesses, and how insurers should react.
Cyber risk rising in Asia
Cyber crime is on the rise in Asia, with small businesses particularly at risk, according to a recent Marsh report.
Zurich, CNA and Liberty International join NCC cyber group
Information assurance firm NCC Group has launched a forum to work towards establishing a minimum security standard for the uptake of cyber insurance.
European Parliament wants EU-wide sanctions for cyber crime
Cyber attacks on IT systems will face criminal-law sanctions, according to a report by the Civil Liberties, Justice and Home Affairs Committee of the European Parliament released today.
Boards need to wake up to cyber threats
Company directors must wake up to cyber threats or risk litigation from all sides, according to Francis Kean of Willis Group Holdings.
Boards urged to wake up to cyber threats and liabilities
Company directors must wake up to cyber threats or they risk litigation from all sides, according to Willis.
Cyber liability poll results
Will proposed privacy regulation increase the need for cyber liability insurance?
Biometrics organisation wants to found Europe-wide network
The "European Association for Biometrics” wants to found a Europe-wide network to bring together industry, regulators and user groups.
EC data privacy proposals costly for EU businesses
Proposals for new privacy regulations for companies handling EU citizens’ data may increase demand for cyber liability solutions, according to Lockton.
Axa to use BAE systems fraud detector
Global insurer Axa has signed up to use BAE Systems claims fraud prevention service which it says will increase its efficiency and prevent honest customers from paying for fraudulent claims.
Firms underestimate cyber risk, according to Allianz survey
Economic risks, business interruption and destructive natural catastrophes are among the biggest risks to companies in 2012, according to a study conducted by Alianz Global Corporate & Specialty.
EC data protection regulations could generate opportunities for cyber insurers
Draft regulations from the European Commission on data protection will impose significant demands on businesses and could generate new opportunities for cyber insurers, according to law firm DAC Beachcroft.
Determining liability for cyberbullying
The rise of the internet has opened the door to a new form of bullying and US insurers have become wary of the threat this poses to insurance. Lauren Jankowski explains that European insurers would do well to be wary of this threat as across the pond…
Meehan poised to sign Towergate as Bluefin backs cyber crime product
Former Axa director Paul Meehan has secured the backing of broker group Bluefin to push his just-launched Cyber Protect products and expects to sign up Towergate within the next few weeks to gain access to a total of 3500 brokers.
EU & US conduct tests for cyber attacks in 'Cyber Atlantic 2011'
The first test of trans-Atlantic responses to cyber incidents, including cyber attacks, has taken place in Brussels.
Social media damage is high on risk managers’ list of concerns
Social Media and the risk it poses to reputation risk and confidential information is a matter of great concern for European businesses, according to study by the Federation of European Risk Management in conjunction with the Institute of Risk Management.