Cyber – Page 18
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News
‘Known unknowns’ are creating ‘nervousness’ in D&O market
Factors such as climate change and cyber security could lead to an uptick in D&O claims next year
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News
Mactavish warns that ‘premiums are rising dramatically’ due to hardening market
In addition, the firm believes there has been a ‘considerable erosion in the quality and extent of the insurance cover offered to policyholders’, which may not have been flagged by brokers
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News
Data sharing needs to improve for London Market to lead in cyber insurance
A panel of industry experts highlight why London is the natural “hub” for cyber insurance provision and what the market needs to do to lead from the front in this product line
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Features
Rise in cryptojacking could potentially hit insurers’ bottom lines – Guidewire’s Matt Honea
Cryptojacking is on the rise but massively under-reported, Guidewire’s senior director of cyber-security tells Insurance Times why insurers should be aware of this emerging risk
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News
Increasing demand seen for personal cyber insurance
A fifth of survey respondents said they were interested in buying a cyber product
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News
Howden buys cyber and technology-focused broker
The company says the purchase ‘supercharges our growth in this important market’
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News
A quarter of insurance staff want more tech training to cope with ‘new normal’ - KPMG
More than a third of insurance professionals have received training around mental health, as 28% view this as a key theme within their job roles now
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News
Pandemic sees growth in lending to better manage insurance costs – Premium Credit
The premium finance provider’s latest research index reveals what lines of cover SMEs have stopped buying and how many are using a broker or insurer
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IT Interview
Technology is still the ‘bedrock of our business’ – CFC Underwriting’s Dave Walsh
With CFC Underwriting making it onto Insurance Times’s Top 50 Brokers podium yet again, the firm’s chief executive and founder Dave Walsh discusses how it started out in the dot-com era, emphasising that technology is still at the business’s heart today
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News
45% of businesses take no action to protect themselves from cyber attacks – NFU Mutual
The commercial insurer has extended its cyber helpline to the end of the year following its research findings
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News Analysis
Online fraud and cyber scams soar during pandemic lockdown but insurance for it 'fairly new'
A spike fraud and cyber scam in cases has exposed a new risk for the cyber insurance market, Insurance Times looks at what the industry is doing to protect vulnerable customers during the pandemic and why some many not be covered if they work remotely
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News
Technology & Innovation Awards finalist 2020 Q&A: CFC data enrichment engine helps brokers sell cyber insurance
Winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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News
Treasury initiates next five-year review of Pool Re
A new Review Advisory Group, composed of chief executives from member insurers as well as other stakeholders, will oversee the project
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News
Carriers need to merge data to reap cyber insurance benefits says RAND Corporation
Combining application and claims data can help insurers identify the best security controls for their policyholders
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News
'Doxing' identified as an ‘evolving threat’ within cyber risk landscape
Furthermore, data breach severity has increased over the past year, with a heavy focus on the healthcare and pharmaceutical sectors
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Features
Cyber Focus: Data exfiltration boosts ransomware risks with reputational threats
Brokers need to adopt a proactive role in assessing commercial clients’ digital security as cyber insurance morphs into a hybrid of preventative risk management services and responsive claims investigation to tackle evolving cyber threats
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Features
Cyber Focus: How can insurers protect themselves from cyber crime?
Industry experts tell Insurance Times what preventative steps insurers need to take in order to avoid possible data breaches and other cyber attacks where criminals are lured by the honeypot of stored customer data…
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News Analysis
Back to office transitions bring new risks and lessons to the insurance industry
Next month marks the return to offices for most staff in the insurance industry, but as the UK unwinds from lockdown, what risks should brokers be aware of in a post-pandemic world and will office life ever look the same again? Insurance Times investigates
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News
Ecclesiastical urges brokers to advise clients on smartphone cyber risks
Ecclesiastical is encouraging brokers to speak to clients about cyber risks after its survey found that smartphone security complacency could open up devices as a target for criminals.
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News
More to do for insurance industry analytics with changing risk landscape – Guidewire
The London Market has been focusing on leveraging analytics to improve processes in the specialised risk marketplace – but how far has the insurance industry really come?