Cyber
Legal Update: Cyber Essentials - a major step forward for insurers
Nick Gibbons explains why the government’s recently launched Cyber Essentials Scheme – aimed at improving protection against cyber attacks – is so significant for the insurance industry.
Cyber Insurance: Variety in cyber
With cyber insurance a relatively new market, issues are arising in various areas – many from the non-standard wordings in policies themselves.
Hiscox launches updated cyber product
Hiscox has launched an updated cyber and data insurance product giving more comprehensive cover.
Howden opens Channel Islands office
Howden Broking Group has launched a Jersey-based Channel Islands operation led by Henry Burton who previously worked in the group's London office.
C-Suite: Japanese risks
Japan's risks are varied with earthquakes the major hazard. Simon Wallington, based in Tokyo, explores the different kinds of risks of doing business in the country.
AGCS appoints sernior CMT and cyber underwriter
Allianz Global Corporate & Specialty has appointed Graeme King as the senior underwriter responsible for communications media and technology and cyber.
Nanotechnology: Thinking small
With the use of nanotechnology increasing exponentially – up from 54 consumer products in 2005 to 1628 today — is this a positive advancement for insurers?
Marsh unveils cyber gap insurance in bid to beat exclusions
Global broker Marsh has teamed up with London market and European insurers to launch a cyber gap insurance offering in a bid to aid energy firms’ effective management of cyber risks.
Cyber fear outweighs board level ownership
Only 14% of medium to large-sized companies have an insurance policy in place against cyber risk, according to a poll by Marsh, despite more than half (56%) of those surveyed placing it in the top five risks faced by their firm.
Airmic 2014: Financial services most exposed to cyber risk
The financial services industry is the most susceptible to cyber attacks in the UK, according to results from data provided by Aon’s cyber diagnostic tool.
Big Data Analytics - The Solution to Insurance Fraud?
By Ranjit Narula, Head of Insurance - Europe at Infosys
Aviva mobile phones hit by third-party cyber attack
Hundreds of Aviva staff were hit by a cyber attack on the insurer's mobile phone technology supplier last month.
UK businesses missing growth opportunities through data breach fears
Organisations are more concerned with defending their information against data breaches or legal action than they are with using it to drive competitive advantage and growth, according to a new report by information management company Iron Mountain and…
Interview: Helen-Clare Pope: Every little helps
Incoming Airmic chair and head of insurable risk at Tesco Helen-Clare Pope talks to Post about her plans for her tenure and the challenges facing the risk management sector
Airmic: Conference Speakers: Mike Hammond, Mark Well, Mike McGavick and Philipe Rocard
This year’s Airmic conference, held in Birmingham from 16 to 18 June, will see a record number of attendees descend on the UK’s second city. We caught up with some of the speakers to find out a bit more about them, what they thought this year’s talking…
Airmic 2014: Birmingham Bound
With Airmic’s 2014 conference taking place in Birmingham, Post asked industry movers and shakers about which city hotspots they’ll be checking out and what they expect from this year’s event
Cyber crime 'costs the global economy $445bn a year'
Cyber crime is estimated to cost the global economy around $445bn a year according a report from the Center for Strategic and International Studies.
IUA backs government cyber risk project
The International Underwriting Association has backed a new government project to promote better management of cyber risk.
CFC recruits from Beazley for cyber tech and media lead
Managing general agent CFC has named Beazley’s Victoria Paxton as its new practice leader for cyber, technology media.
Barbican subsidiary launches SME cyber product
Barbican subsidiary Professional Indemnity Protect has launched a new cyber liability product for SMEs and smaller corporates.
Fraud Focus: Sophisticated cyber crime coming
Insurers must take the window of opportunity to develop countermeasures
Interconnected cyber risks could cause global crisis
Organisations must improve their response to cyber risks if they are to avoid a global shock similar to the 2008 financial crisis, insurer Zurich has warned.
Caution urged against using widescale exclusions in cyber policies
Insurers are facing calls to stop embedding sweeping exclusions into cyber policies following the emergence of the internet-based Heartbleed bug and Microsoft discontinuing protection updates for its Windows XP operating system.
Merrill to lead Ace's global cyber risk practice
Ace has named Toby Merrill as the head of its newly launched global cyber risk practice.