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 […]
Allianz Global and Corporate is teaming up with Flock, an app-based insurance provider, to promote drone insurance cover to a wider market. Drone use, especially in the commercial sector is growing rapidly, and has obvious […]
Leading global advisory, broking and solutions company, Willis Towers Watson (NASDAQ:WLTW), today announced the appointment of Tim Rees as Client Engagement and Strategy Leader for the UK Cyber Risk Solutions business. Based in London 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 […]
ECIC, the specialist insurer for the mid-size construction and associated trades is warning regional brokers that many of their customers could be facing financial difficulties and possibly failure as part of the fall-out from the […]
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 […]
The Association of British Insurers (ABI) is urging Government to take steps to reduce threats to property as it goes ahead with Budget plans to build 300,000 homes a year by the mid 2020s. Insurers […]
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