Emerging Risk

Dixons Carphone Warehouse Data Breach Highlights Risks For Insurance Sector

The news that the Dixons Carphone Warehpuse group suffered a data breach involving almost 6 million accounts highlights the huge risks in the growing cyber insurance sector. Although Dixons-Carphone (DC) say that no fraud has […]

Insurance Regulation

Broker News: BIBA Response to EU Motor Insurance Directive

Last week the EC (European Community) announced its proposals on changes to the Motor Insurance Directive in light of a number of court rulings that have affected its application and has identified five areas for […]

Insurance Regulation

GDPR Act Gets Rubber Stamp from UK Government

The latest news from the Association of British Insurers: The Data Protection Act, which received Royal Assent today, overhauls how businesses and other organisations process and handle customer data. The Act implements the EU General Data […]

Big Data

GDPR Clock is Ticking Says Beazley International – Fines Could Hit Hard

Raf Sanchez, Beazley International Breach Response Service Manager, comments ahead of the introduction of GDPR on 25 May: “Regulators and individuals are on the cusp of acquiring enhanced tools to hold organisations to account for poor […]

Big Data

SAS Survey Finds Insurance Sector Expects IFRS 17 To Increase Costs

Compliance is a very dull word – even duller than accountancy – but it gets interesting when any changes to the way insurers carry out day-to-day  business fundamentally changes. Usually that means extra costs, retraining […]

Global insurance trends

Brexit: AIG Sets Up UK and Luxembourg Operations

American International Group, Inc. (NYSE: AIG) today announced the authorisation of new insurance companies in the United Kingdom (UK) and Luxembourg that will see all business transferred to the new entities ahead of the UK […]