Lost sales, supplier disruption, legal and IT costs all contributed to the figure
‘The insurance industry should be on high alert,’ says chief analyst
’We’re proud to develop a solution for a sector that plays a critical part in the energy transition, ensuring our clients are appropriately protected,’ says partner
’This is a pivotal hire at a pivotal time,’ says vice president
‘AI is beginning to have motivation of its own – that’s a different kind of risk,’ said senior law firm partner
Claud Bilbao, regional vice-president of underwriting and distribution at Cowbell UK, explains how technology can support SMEs to develop cyber resiliency for growth and strategic advantage
‘We want to disrupt traditional insurance products, as well as how customers view the role of the insurer,’ says head
Sponsored content: Matthew Waller, head of cyber at Travelers Europe, discusses how the psychological impacts of a cyber attack felt by employees can be supported
Brokers must make time to advise, influence and protect clients from underinsurance as softening market creates ideal moment in time to take advantage of competitive pricing
Although indemnifying policyholders following an insured event is the principal premise of insurance, insurers, brokers and MGAs alike are taking greater interest in risk mitigation and prevention strategies to help nip claims in the bud - but how prevalent is this trend and in what lines of business is it ...
The sector should ’never waste a good crisis’, says MGA distribution director
Sponsored content: For Insurance Times’ latest Expert View, Cowbell’s senior vice president for global distribution sat down with Insurance Times deputy editor Yiannis Kotoulas to discuss the cyber market, changing threat actor behaviour and the need for active risk mitigation
The benefits of integrated CPR coverage will protect ‘critical personal data’ against cyber attacks, says deputy chief underwriting officer
Promoting simplicity, collaboration and storytelling is a strong strategy brokers could employ to support cyber cover penetration among UK businesses
‘We empower data centre developers, operators and owners to protect their investments and enhance their resilience against emerging threats,’ says executive
However, the retailer says this is set to be reduced through management of costs, insurance and other trading actions
Sponsored content: For Insurance Times’ latest Expert View, Cowbell’s senior vice president for global distribution sat down with Insurance Times deputy editor Yiannis Kotoulas to discuss the cyber market, changing threat actor behaviour and the need for active risk mitigation.
The cyber attack on the retailer first came to light last month
Aviva says it is the first insurer to integrate this into its exposure management strategy on a recurring basis
‘Four or five years ago you probably only had four or five insurers that would want to compete for a piece of business, but now you’re probably looking at 10 or 12 upwards,’ says head of regional broking
In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.
This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.