CTO / Technology
China Passes Sweeping Cybersecurity Law; Foreign Opposition Remains
China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies' technology and hamstring their operations in the world's second-largest economy. ...
Digital Innovation, Personal Service Can Help Agents and Brokers Keep Wealthy Clients
The global high-net-worth individual (HNWI) population has increased by 5 percent so far in 2016 to 16.6 million, with total global HNWI wealth increasing by 4 percent to $58.7 trillion, according to ...
Hiscox Helps Back Indio, a Commercial Insurance Broker Platform, in $2M Round
Hiscox is among the participants in a $2 million seed financing for Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth ...
After 6 Years of Fast Growth, Cyber Insurance Purchasing Slows Down
There are signs in 2016 that the cyber insurance market is slowing after six years of rapid growth, even as the overall upward trend of organizations purchasing cyber insurance continued. A 2016 ...
Blockchain in Insurance: Applications and Pursuing a Path to Adoption
Blockchain, or distributed ledger technology, quickly has become a fixation in the financial services industry as a result of its potential to revolutionize and transform our thinking about data ...
Internet-Connected Appliances, Outdated Systems Vulnerable to Russia Cyber Attacks: UK Spy Chief Warns
Businesses and homes are increasingly vulnerable to cyber attacks as people install Internet-connected appliances and companies rely on outdated systems, U.K. Chancellor of the Exchequer Philip ...
Measuring Casualty Cat Risk: What Underwriters and Actuaries Miss and Why
Last month, I was invited to speak at the Casualty Actuarial Society Loss Reserving Seminar in Chicago, where I had the opportunity to challenge the existing techniques designed to measure ...
Embracing Technology Makes Good Business Sense: PCI Panel
Forget fearing technology and more technology-adept rivals. Embracing the change both bring to the table makes good business sense, a recent reinsurance industry panel concluded at the PCI Annual ...