Article archive

If cars don't need drivers, do drivers need insurance? by Nova Safo

02/04/2015 10:04
As driverless cars go from science fiction to fact, the multi-billion dollar auto-insurance industry is trying to figure out how not to be run off the road. Today, 90 percent of car crashes in the United States are due to driver error. But that percentage could plummet as  autonomous and...

A Primer on Cyber Insurance by Kent McDill

02/04/2015 10:00
Legal firms, health care companies and financial services providers have been major purchasers of cyber insurance. All public and private businesses put themselves and their bottom line at risk for any number of possible negative events, and they all buy insurance to protect themselves from claims...

Cyber Essentials: Practicalities for brokers by Jack Elliott Frey

02/04/2015 09:57
The past month has been a busy one for insurance brokers operating in the cyber risk class, due to the launch of a joint initiative by the Government and the insurance sector to help cement the UK's position as the global leader in cyber security insurance. This new initiative builds on the 10...

Don’t buy insurance after the fire: Protecting your business against DDoS attacks by Terrence Gareau

29/03/2015 21:34
The threat of cyber-attacks has been brought to the attention of the public with the activity of cyber-criminals such as the Lizard Squad, which has used DDoS attacks to bring down the networks of corporate giants such as: Sony Playstation, Microsoft Xbox and Malaysian Airlines in recent...

Looking at Cyber Insurance From Every Angle by Safety National

28/03/2015 07:55
At the 2015 Advisen Casualty Insights conference, a panel discussed cyber insurance in the casualty insurance industry.  The panel consisted of Joe Cellura from Allied World, Ron Beiderman from ISO, Jerry Gallivan from Travelers, Josh Gold from the law firm Anderson Kill, and Michael Tanenbaum...

CEOs have false perception of the extent of their cyber risk insurance cover, new report finds

25/03/2015 05:14
Many UK businesses mistakenly believe insurance products they have bought cover them against the cost of damage stemming from cyber attacks, according to a new report by the government and insurance broker Marsh. The report on the role of insurance in managing and mitigating cyber...

Only 2 percent of large British firms have cyber insurance

24/03/2015 03:56
(Reuters) - Only 2 percent of large British firms have separate insurance against cyber attacks and the number dwindles to nearly zero for smaller firms, the government said in a report on Monday. Responding to concern that companies are not protected against the risks of cyber attacks, which cost...

Is the internet of things useful to marketers?

21/03/2015 17:58
The internet of things (IoT) describes a world where all ‘things’ (furniture, appliances, infrastructure, wildlife etc.) can be integrated into the internet.  The oft-cited example is a fridge that logs what food is inside it orders new products wirelessly when it runs...

Barbie can’t keep a secret: Toys cause privacy concerns By Todd M. Rowe

21/03/2015 04:15
In recent posts we have discussed the “Internet of Things” which is used to describe how physical objects around us are increasingly becoming wired to the internet. For example, our prior posts have addressed “smart household appliances,” “smart vehicles” and even Apple’s new “smart watch.” Privacy...

Triggering the (Cyber Liability) Change in Europe by Carl Moore

20/03/2015 05:45
The cyber liability insurance market has gone through a rapid evolution in recent years. Today, there is a range of first-and third-party products on offer designed to meet a variety of clients’’ needs, and a buoyant and competitive market keen to write this business. The US is leading the world in...
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