Cyber & Technology
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AGCS partners with Cyence to boost cyber expertise and modelling
Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley’s Cyence, a cyber risk analytics and modelling firm, with…
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Fitch predicts huge growth for cyber insurance but warns of ‘silent’ cyber exposures
Global premium volume for cyber insurance is set to increase six- to eight-fold within a decade, according to Fitch Ratings,…
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Hiscox appoints former director of GCHQ as cyber adviser
Hiscox has appointed Robert Hannigan, the former director of UK intelligence and security agency GCHQ, as special adviser on cybersecurity.…
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Ransomware attacks impact corporate earnings
The financial cost and extent of business interruption caused by recent ransomware attacks has been laid bare over the past…
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EC proposes new measures to boost cybersecurity and flow of data in EU
The European Commission (EC) has proposed a wide-ranging set of measures to beef up cybersecurity in the EU, which include…
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Pool Re to plug cyber risk and NDBI gaps
Pool Re has received agreement in principal from the UK government to extend its coverage to cyberterrorism. To date, coverage…
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New bespoke approach needed for cyber cover
Like others across Europe, German risk managers have complained that they don’t want to be sold cyber insurance as a…
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No need for state intervention on cyber as market evolving steadily, says HDI Global
Patrick Smolka is head of financial lines at European Risk Frontiers survey sponsor HDI Global in Germany. Adrian Ladbury, editor…
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Big gaps remain in German cyber market but offering rapidly maturing: SUEDVERS
SUEDVERS, the family-owned broker based in Freiburg with 15 offices across Germany and Austria, is the German representative of the Worldwide…
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Cyber risk demands enterprise-wide approach
The Swiss risk managers who joined this year’s European Risk Frontiers survey discussion agree with most of their European peers…
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Let market forces do their job on cyber: HDI Global
Stephan Roth, head of financial lines at European Risk Frontiers survey sponsor HDI Global in Switzerland, admits that the cyber…
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Cyber: Clearly a board level topic
VZ Insurance Services is the Swiss member of the Worldwide Broker Network (WBN), sponsor of this year’s European Risk Frontiers…
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Novae Group partners with Lloyd’s Illinois on cyber security education
The cyber team at Novae, the Lloyd’s insurer, delivered its Understanding Cybersecurity and Insurance (UCS-I) course to brokers at Lloyd’s…
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Wills Re poll shows concern over silent cyber exposure
The risk transfer industry is increasingly concerned by “silent” or unknown cyber exposures that fall under policies not specifically designed…
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Lloyd’s MGA Sciemus gains investment and rebrands as Argon Underwriting
Specialty Lloyd’s managing general agent Sciemus has formed an investing partnership with HSCM Bermuda. Sciemus, which focuses on the space,…
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No rate increases for German buyers, says Mahnke
Increased capacity within industrial insurance from new carriers means German companies will continue to enjoy current market conditions and not…
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German cyber market set for take-off as buyers seek €500m of cover
Large German companies are now looking for cyber cover of up to €500m as demand grows, according to experts from…
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The customer is king
The decision by Allianz Global Corporate & Specialty (AGCS) to focus board member Andreas Berger on its core German and…
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Alternative capital continues to rise but must align with new risks for future growth
Alternative capital continues to flow into the reinsurance market, but without innovation it will be hard to deploy, according to…
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Cyber insurance loss index launched by Verisk PCS
Property Claim Service (PCS), part of Verisk Analytics, has launched a global cyber insurance loss index. Called PCS Global Cyber,…