Conference report

BIBA 2018: CFC To Offer Advice on Cyber Insurance Cover to Brokers

Almost conference time; BIBA is just over one week away – here’s some news from CFC; Specialist insurance provider behind BIBA’s cyber insurance scheme, CFC, will be launching its new BIBA Cyber Guide at BIBA 2018. While […]

Artificial Intelligence

In an Automated Manufacturing World, Cyber Attack is a Growing Risk

Here’s the thing about Artificial Intelligence; it takes away human thinking, instinct and judgement, replacing it with an algorithm, strings of code which mimic human actions and thought processes. In some ways that makes AI […]

Emerging Risk

Opinion: Cybercrime Attacks Are a Huge Challenge for Insurers

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 […]

Fraud

UK General Launches Personal Cyber Insurance Product

UK General Insurance, the Leeds-based specialist and niche personal lines insurance provider, is launching a new product, personal cyber protection insurance. The product, which has been developed in partnership with UK General’s capacity partner Munich […]

Big Data

FICO Launch Cyber Security Risk Modelling Tools for Underwriters

Silicon Valley analytics firm FICO today announced that the FICO® Enterprise Security Score is the first cyber security rating to include powerful risk assessment and modelling capabilities to help insurers make better underwriting, pricing and portfolio decisions, and […]

Big Data

Data Hacking on The Rise, Says RSM Consulting

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 […]

Global insurance trends

Allianz and Aon Team Up with Apple on Cyber Attack Insurance

Apple and Cisco Systems Inc have teamed up with insurer Allianz and Aon to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies. Cyber crime is growing and according […]

Emerging Risk

Willis Towers Watson Appoints Tim Rees to Cyber Risk Role

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 […]