Severe flooding in Germany, Belgium the Netherlands and elsewhere has prompted rapid action from insurers. The German GDV insurer association said the events may prove to be one of the most expensive natural catastrophes of […]
Fact is, regardless of the pandemic, some bad people are out there trying to wreck companies and hold entire countries to ransom using cyber attacks that cripple infrastructure. The estimated economic cost of cyber-crime exceeds […]
Cyber is evolving rapidly as a global risk, as almost every country switches to a digital economy. Tenant farmers in Kenya or India can now buy crop insurance via smartphone app, drivers in California or […]
Many insurers and brokers are expecting demand for cyber insurance to increase this year. Now, a new report by The Geneva Association and the International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP), Mapping a Path to Cyber Attribution Consensus. […]
Vertafore has announced that State Automobile Mutual Insurance Company (State Auto) and Leavitt Group are the latest industry partners to join its Commercial Submissions™ platform to drive innovation in market connectivity. Commercial Submissions connects the end-insured, […]
State Street Corporation has released new research that revealed the vast majority (91 percent) of insurance professionals believe they are facing increased complexity in their organisation’s use of data to improve their operating models and infrastructure. […]
State Street Corporation (NYSE: STT) and investment management solutions and service provider, SimCorp (OMXC25: SIM), today announced their intent to form a business partnership to provide a premier, fully integrated, front-to-back investment outsourcing solution for insurance firms in Europe, Middle […]
Creating an insurance solution capable of responding to a future pandemic will be ‘a series of trade-offs’ designed to maintain the involvement of private insurers without making the product so restrictive that it fails to […]
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