InsureTech

Cyber: Will The Virgin Media Data Breach Cost The Company a GDPR Fine?

About one million Virgin Media customer data records were left insecure online, meaning almost anyone could access them for 10 months, report the BBC and other mainstream media today. Although card details and bank account […]

Opinion

Time to Invest in New Commercial Insurance Strategies, Says Mactavish

Where are we headed when it comes to Commercial insurance? It isn’t just about buildings and lost business after a flood or fire. There are a range of cyber risks, then there are political campaigns, […]

Insurance Regulation

Will GDPR Fines Increase in 2020? Beazley Has Been Doing Some Research

With the introduction in May 2018 of the European Union’s (EU) General Data Protection Regulation (GDPR), 2019 was expected to be the year of enforcement, with regulators using extended powers to set a higher bar […]

Big Data

Voice Search: Zoovu Acquires Clever, Boosting Its Market Reach

Global AI-driven conversational search platform, Zoovu, today announced that it has acquired Belgium-based company, Clever. This move enhances Zoovu’s current offering by adding NLP and a sophisticated Intent Engine. According to Market Research Engine, the global Conversational AI market […]

Insurance claims

Can Facial Recognition CCTV Prevent Theft, Plus Fake Slip ‘n’ Trip Claims?

Any insurance company or broker active in commercial, property, shopping malls and many other specialised niches within insurance knows that theft is an ongoing issue. Not just the professional thieves, but sometimes there are bad […]

News

Deals: AON Buys Cytelligence, Extends Coverage in Cyber Market

Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, announced today the acquisition of Cytelligence Inc, a Canadian-based cyber security firm that provides incident response […]

Global insurance trends

Automated Compliance Sounds Cool – But Can RegTech Make It Happen?

Compliance is a boring word, let’s be honest. But non-compliance can mean big fines from the ICO, FCA or the EU and don’t think that just because the UK is technically leaving the EU, that […]