Cyber & Technology
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UK board level engagement on cyber lags awareness
Cyber risk awareness is rising in the UK but concern has yet to translate into board engagement or companies taking…
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Insurance market flattening out but not hardening say UK buyers
he insurance market is flattening out but there are no signs of hardening apart from select, generally loss-hit, lines, according…
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World Cup cover runs to billions of dollars
There will be more than $2bn of event cancellation insurance in place to cover risks at the 2018 Fifa World…
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IUA report highlights insurance implications of GDPR
The International Underwriting Association (IUA) has issued a report highlighting a number of factors that may drive up both the…
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Swiss Re’s latest SONAR report highlights emerging risks for insurers and society
The biggest emerging risks faced by the re/insurance industry and society include emerging geopolitical risks, the re-emergence of asbestos, and…
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Industry veteran O’Hara joins cyber insurer Envelop Risk board
Industry veteran Brian O’Hara, former head of XL Capital, has been appointed to London-headquartered cyber insurance firm Envelop Risk’s board…
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Internet giants under investigation for GDPR infringement
High-profile social media companies Facebook, WhatsApp and Instagram, as well as search engine Google, were all hit with complaints to…
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EMEA cyber claims escalate in 2017: AIG
AIG’s EMEA division dealt with as many cyber claims in 2017 as the previous four years combined, partly driven by…
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Cybercriminals target mobile apps
Cybercriminals are increasingly using mobile apps, disposable devices and fake social media accounts to carry out fraud and avoid detection,…
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Many companies fail to meet GDPR compliance in time
As the General Data Protection Regulation (GDPR) comes into force tomorrow, research continues to suggest that many companies are not…
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Cyber insurance grows in US, especially among large companies, states Best report
Larger US companies, especially financial institutions and healthcare companies, are increasing cyber coverage, and the US market for cyber insurance…
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Cyber: Signs of market growing up as limits begin to tighten
Insurers and brokers are often accused of using fast-rising awareness of cyber risk at c-suite level as an excuse for…
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Dutch risk managers agree cyber cover should be standalone rather than in existing lines
Leading Dutch risk managers have agreed with their colleagues in Italy and Germany that arranging standalone cyber cover is preferable…
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European countries top FM Global’s resilience index but struggle on cyber risk
Business resilience to risk and disruption is highest in Switzerland, followed by Luxembourg and Sweden, finds a global index of…
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GDPR fines insurable in just two European countries: Aon report
Fines under the EU’s General Data Protection Regulation (GDPR) will only be insurable in two European countries, according to analysis…
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Kroll launches GDPR data protection officer consultancy service
Kroll has launched a new consultancy service ahead of the General Data Protection Regulation’s (GDPR) introduction across the EU later…
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Cyber insurance represents significant growth opportunity for US insurers, says Fitch
Cyber insurance coverage continues to be one of the fastest-growing segments in the US, according to Fitch Ratings, fuelled by…
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Beazley appoints London-based breach response manager
Beazley has appointed Helen Nuttall as breach response manager, strengthening its London-based international breach response team. She will be responsible…
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Willis Towers Watson appoints Zana to new European cyber role
Willis Towers Watson has appointed Corrado Zana to its cyber risk solutions business as client engagement and strategy leader for…
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Guy Carpenter partnership unveils unique cyber risk platform
Guy Carpenter has released details of its cyber risk-modelling platform developed with CyberCube Analytics and hailed as the first to…