Cyber
Northdoor enters cyber-services partnership with 24 Lockdown
Insurance services provider Northdoor has formed an exclusive partnership with 24 Lockdown, a security and technology consultancy service in the cyber risk arena.
Interview: David Walsh: The artist
After 14 years building CFC Underwriting from a dotcom start-up to a successful MGA, founder and managing director David Walsh now sees the global market as his canvas.
Regulation needed to boost cyber take up in Europe says Horton
The introduction of European Union data breach notification legislation is needed to spur the uptake of cyber policies in Europe, according to Beazley’s chief executive Andrew Horton.
View from the Top: Environmental protection
Clean tech firms could find themselves in a mess if they fail to secure adequate cover, says Paul Skinner, segment specialist underwriter, Chubb Insurance.
'Competitive headwinds' challenge Beazley growth expectations
Beazley chief Andrew Horton believes the firm can continue to achieve profitable growth, despite the influx of new capital in the reinsurance market and broker-led quota-share agreements.
UK insurers criticised for “squandering” big data opportunity
Concerns over regulatory requirements and data security are preventing insurers from using technology to improve customer relationships and grow their businesses, an IBM survey found.
Europe's cyber market could be worth €900m by 2018 says Allianz
Allianz expects to hold a fifth of the European cyber market by 2018 and forecasts significant growth in the product line outside of the US, a board member said on Wednesday.
Employment: Port in a storm?
Does the insurance sector’s resilience in a difficult economic climate make it a safe haven for employees, or are industry staff in as much peril as the rest of the UK workforce?
Towers Watson appoints Frederik Koencke to head crisis management for EMEA
Frederik Koencke has been appointed as the first Towers Watson crisis management group managing director for the Europe, Middle East and Africa region.
Google under fire from EU data watchdogs
Google’s treatment of user data has come under fire from data protection watchdogs in France and Spain.
Regulators increasingly penalising cybercrime victims, says Ace
Corporate victims of cyber-crime are increasingly coming under government scrutiny, according to Iain Ainslie, cyber liability underwriter at Ace Group.
Airmic 2013: Non-disclosure tops buyer concerns
The possibility that claims may not be paid due to innocent non-disclosure is the top concern of Airmic members, research has revealed.
XL launches new products for Irish financial firms
XL Group has launched five new insurance products for financial institutions in Ireland, which they say address firm's reliance of on IT infrastructure for services and distribution.
CFC calls industry to tackle cyber crime
Underwriting agency CFC has called for the insurance industry to be aware of the regularity of cyber-attacks suffered by SMEs.
AIG tackles cyber risk via the ipad
AIG has launched an ipad CyberEdge product to help companies navigate through the challenges of cyber crime and data breaches.
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.