Cyber & Technology
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Coalition seeks continental Europe growth with Simonsen hire
Cyber insurer Coalition has named Tine Simonsen as head of insurance for continental Europe as it looks to expand in…
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Ferma calls on EU to simplify cyber reporting rules
Ferma has called on Europe’s policymakers to streamline cyber reporting requirements and consider the insurance and risk transfer implication of…
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Stable US commercial rates expected despite Helene: Hub
Commercial P&C rates in the US will likely be stable for the rest of this year, with declines in several…
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Two-thirds of IT specialists think AI more opportunity than threat
Some 63% of IT-decision makers believe AI will be a greater benefit to cybersecurity than a threat, find a survey…
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Third-party outsourcers drive UK data breaches, warns Chaucer
Companies and public sector bodies that outsource to third parties are increasing the risk of a data breach, according to…
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Cyber breach expenses rise due to recovery costs
Cyber incidents in the US are becoming more expensive due to higher recovery costs, experts say. Increased regulatory scrutiny also…
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Europeans name extreme weather as top disaster risk
Exposure to extreme weather events polled as the biggest disaster risk to Europeans, in a survey that also revealed a…
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Major destructive cyberattacks to double: QBE
The number of disruptive and destructive global cyberattacks will double between 2020 and the end of this year, according to…
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Risk managers critical to tackling infrastructure risk and opportunities: Anra
Risk managers must be more involved in strategic planning, while developing holistic and integrated risk management, to steer their companies…
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CrowdStrike throws cyber market softening into doubt
Experts are divided over whether losses from the CrowdStrike outage will have a real impact on cyber insurance pricing and…
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Gallagher settles cyber breach suit for $21m
A federal court has granted preliminary approval for a $21m settlement in a class-action case against Arthur J Gallagher over…
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Risk managers have much to learn from CrowdStrike outage
Marsh says there are plenty of lessons to be learnt from the systems failure at cybersecurity company CrowdStrike, which is…
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QBE extends cyber product to Italy
QBE has launched cyber insurance product QCyberProtect to the Italian market, alongside risk management tool QCyberPrepare. Already live in ten…
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Wholesale broking operation launched by Acrisure in Bermuda
Acrisure has launched a new operation in Hamilton, Bermuda focusing on wholesale insurance broking. The broker said the new capability…
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Digital health sector exposed from growing use of AI
The majority (86%) of global digital health and wellness companies plan to use AI, or increase its use, over the…
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Cyber risks top concern for US business: Travelers survey
Cyber risks are the top concern for US businesses, with 62% of those surveyed reporting online exposures as their greatest…
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Market favours buyers, but ‘fragile’: Lockton
Commercial insurance market conditions in the US favour buyers across most lines of coverage, but the market is “fragile”, according…
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E&S market sees improving conditions for buyers
Excess and surplus lines insurance rates are flattening or declining for several classes of risk, but rates are still climbing…
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Almost half of UK firms not confident in data recovery
A new survey has found that only slightly above half of UK businesses are confident in their ability to recover…
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AI fastest-growing risk among European auditors
Cybersecurity has retained its position at the leading risk for businesses in the UK, Ireland and Europe, although AI is…