Cyber
Insurers slammed in Irish data protection report
The prosecution of three large insurers for breaking data protection laws feature highly in the 2012 annual report by Irish Data Protection Commissioner, the Irish Independent reported.
Lloyd’s broker Safeonline names new COO
Cyber and technology broker Safeonline has recruited a former consultant and Cooper Gay Swett & Crawford business development boss to serve as partner and chief operating officer.
Biba 2013: CFC launches cyber policy
CFC has launched CPM a cyber policy that the specialist lines underwriting agency says has been redesigned to tackle the issue of cyber crime faced by companies operating across different territories around the world including the “new” crimes of…
Beazley brings breach response product to Italian market
Lloyd’s insurer Beazley's data breach response solution is now available to organisations in the Italy.
Risk Management: Adapt to survive
Professional buyers and the market that serves them have a shared interest in keeping corporate insurance relevant, yet changing circumstances are threatening its role and value.
Cyber risk is a "top concern" in Asia, says Marsh
A Marsh survey of insurance buyers at the Advisen Cyber Liability Insights conference in Singapore held on 9 April showed data privacy and cyber risk are a growing concern for businesses across the continent.
South Korea blames cyber attack on North Korea as tensions mount
South Korea says cyber attack on broadcasters and banks in March was cyber warfare from a military spy agency in North Korea, as North Korea readies rockets.
Beazley targets cyber risk in Australia
Lloyd's insurer Beazley is set to unveil its cyber risk insurance product in Australia by the end of the year.
Cyber liability: Risks rising
Cyber attacks have become almost a daily occurrence in recent times. Whether it is on a company, a personal account or a sensitive government department, hackers have not spared a single target of importance writes Mukul Gupta.
Ascent launches cyber-risk notification ring fencing
Amlin-backed cyber risks managing general agent is to ring fence data breach notification costs from main policy limits in a bid to protect small and mid-market clients.
Ascent recognises costs of cyber breach notification
Ascent Underwriting, the cyber risks managing general agent, is ring-fencing the costs of cyber breach notification separately from its main insurance policy limit.
Cyber attack readiness on the rise says QBE
Over two-thirds of UK businesses have plans in place for combating cyber crime and data breaches according to QBE.
Interview: Vinicio Cellerini: On top of the world
After 27 years at the firm, Zurich UK global corporate chief executive Vinicio Cellerini explains his is the best job in the company – and that the CEO should be jealous.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Major cyber attack suspected in South Korea
Computers at three South Korean national broadcasters and two banks were affected this afternoon as some accuse North Korea of dirty tricks.
Penny Black's insurance week
It appears reports of the death of romance may have been overstated – that is, if the take-up of Arag’s divorce cover is anything to go by.
Lloyd's urged to lead the way in reputational risk cover
Lloyd's is uniquely placed to break new ground by insuring big firms’ reputational risk, according to a cyber liability panel.
Energy firms face increasing cyber threat exposure: Marsh
Oil and gas firms should brace for a wave of cyber threats according to Marsh, citing convering technological, terrorism and political risks.
Cyber Liability: Dangerous territory
As demonstrated by several Twitter-related defamation cases in 2012, unfiltered user-generated content means social media can be a libel minefield. How is the insurance industry responding to the ever-evolving risk?
Top five European news stories
The top five news stories from wwww.insuranceinsight.com over the past seven days.
Beazley brings data breach solution to UK
Specialist insurer Beazley has imported its data breach solution to the UK four years after its US launch.
Europe View From the Top: Risk engineering when growing abroad
Higher costs of living, lower real wages and reduced access to credit has had a direct impact on the profitability of UK companies. This combined with the Eurozone crisis has taken its toll on UK export growth and investment.
Beazley launches cyber product with data coverage limit
Beazley has launched a cyber product focusing on the amount of data covered rather than a financial limit.
Like the drugs trade, Cybercrime is not just a US issue
Last year, according to the Norton Cybercrime Report, global cybercrime cost an estimated $388bn. That's $100bn more than the cost of the global black market for marijuana, cocaine and heroin combined. And just like the world's drugs trade, cybercrime is…