Insurtechs outpacing large insurers in using cloud cyber risk data

Cyber attack

Big insurers in the cyber insurance space need to emulate insurtechs in adopting technology that can integrate cybersecurity-enhancing data from cloud providers, according to Monica Shokrai, Google Cloud’s head of business risk and insurance.

Speaking to Insurance Post, Shokrai explained that there is not a common understanding among larger insurers on how to use the “inside-out” data supplied by cloud providers, which can give a clearer

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FCA strips back insurance rulebook

The Financial Conduct Authority has kicked off the British Insurance Brokers’ Association’s 2025 conference by outlining plans to ditch what it deems “outdated and duplicated requirements” from its insurance rulebook.

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