London based insurance broker G&M International have announced the launch of their new Cyber Insurance solution. Over the last couple of years there’s been an enormous surge in cybercrime activity both in the UK and […]
Attacks targeting business email accounts continued to climb in the second quarter, according to data released today by specialist insurer Beazley. Hardest hit were organizations using Office 365, the popular cloud-based productivity solution. Email accounted […]
Most car and van policies exclude damages or claims arising as a result of terror attacks. But now things are changing, as the UK insurance industry accepts vehicles may be used as weapons, and so […]
Risk is a notoriously difficult thing to calculate accurately. As the insurance industry changes and Artificial Intelligence is used to assess consumers, businesses and nations, it will be interesting to see how much weight AI […]
In this Opinion article, Alison Martin, Group Chief Risk Officer at Zurich Insurance Group, takes a look at cybercrime and how this rising, and ever-changing type of risk, poses challenges for the insurance sector; In […]
New figures from the FCA show that reported data hacking attacks against financial services companies have quadrupled in the last year. The new statistics, contained in a freedom of information response to audit, tax and […]
The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year. In 2017, 69 material cyber incidents were reported […]
Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, warns insurer […]
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