Cyber
Q&A: Mike Brown and Alistair Kinley, BLM
The insurance industry is currently battling with a multitude of uncertainties: Brexit, Ogden, and the impact of technology. Mike Brown, senior partner, and Alistair Kinley, director of policy and government affairs, BLM, spoke to Post about how those…
Analysis: Energy risks: negative energy?
The insurance industry is worried about the energy sector. This already complicated and fragmented industry is getting more complex, especially with pressure from governments to increase production from renewable sources, just as the risks it faces are…
Failure to innovate now within top five risks facing EMEA financial institutions
Failure to innovate and embrace new technologies is within the top five risks facing financial institutions, with 24% saying they had suffered a financial loss in the last 12 months due to this factor.
XL Catlin's Vincent Branch on the unexpected love affair with AI
Artificial intelligence is already a part of real life but Vincent Branch, CEO of Accelerate, XL Catlin asks how far the love affair will go.
Fidelis launches MGA Radius
Fidelis has launched its first managing general agent, Radius, to be run by Rob Ashton.
XL Catlin appoints cyber leader in Asia-Pacific
Global (re)insurer XL Catlin has recruited from Allianz for a senior Asia-Pacific cyber leadership role.
Brit expands US offering with senior cyber hire
Brit has appointed Courtney Mocio as vice president, cyber and technology at Brit Global Specialty USA.
Insurance industry 'one of main influences' of UK cyber resilience, minister says
The insurance industry is at the forefront of helping to increase cyber resilience among businesses in the UK, the minister for digital, Matthew Hancock has said.
Government pushes for collaboration with insurers on cyber security
Both the government and insurers share a join responsibility in setting a standard for cyber security and protecting businesses, the government has said.
Analysis: Councils: Local challenges
Local government insurance has to deal with emerging risks. How is it adapting as competition increases?
FERMA 2017: Risk managers warned cyber is a business risk with no boundaries
Sabine Coessens, operational risk manager, Proximus, urged risk managers to return to their offices, check all their policies for cyber cover and get a standalone policy.
EMEA organisations falling behind on cyber insurance spend
Organisations spend on average four times more on insuring physical damage, such as property, plant and equipment insurance, than they do on insuring information assets.
Marsh's Joe Grogan on catering for the mid-market
Joe Grogan, CEO of corporate division at Marsh, says the insurance offering for mid-market firms is too disjointed and complex.
Predicted losses from cyber crime hits £4.54trn
Losses from cyber crime are only likely to increase because of far-reaching global connectivity, with predicted losses set to reach as high as $6 trillion (£4.54 trillion).
Blog: Counteracting travel risks with enhanced connectivity
As travellers venture further afield and mobile devices touch on all areas of life, Chris Knight, head of corporate services for Cega, asks if travel insurers are missing a trick by not contacting with their customers to offer real-time risk updates.
Fraud Awards 2017: Winners and highly commended
The leading lights of the claims sector gathered at the Brewery in London on Thursday night to mark this year's fraud fighters.
Research: Focus on fraud
What does a Greek merchant in 300BC delivering corn on a cargo ship have in common with nearly one-tenth of today’s UK population? The answer is insurance fraud. Michèle Bacchus takes a closer look.
Analysis: Cyber threats and opportunities
Businesses are opening themselves up to online exposures every single day. What do companies and insurers need to do to bring themselves up to speed with these new risks and incoming regulations affecting this area?
Blog: ILWs for cyber
Industry loss warranties could play a bigger role in cyber as it becomes a long-tail risk, explains Tom Johansmeyer, assistant vice-president at Verisk Insurance Solutions
Analysis: Connected risks require joined-up thinking
Faced with events that cascade from one risk class to others, insurers need to review their underwriting strategies.
Applied Net 2017: Cyber security programmes becoming an increasing priority
Effective cyber security programmes are becoming an increasing priority for businesses as cyber-attacks grow, a conference heard.
Hiscox appoints ex-GCHQ spy chief
Hiscox has appointed ex-GCHQ director Robert Hannigan as special advisor on cyber security to provide the business with intelligence on cyber risks and products.
Analysis: Intellectual property: Creative cover
The significance of intellectual property risks has not translated into a large demand for IP insurance policies - yet
Blog: Making cyber relevant
Neil Ross and Delvin Tillett, senior vice-president and assistant vice-president for underwriting at Axis Pro Europe, explain how insurers and underwriters can make cyber policies relevant in today's fast-moving business environment.