CTO / Technology
Insurers Will Gain by Innovating for the Internet of Things
The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, ...
Smart Car-Makers Could Outmaneuver Traditional Auto Insurers
As Internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition from car manufacturers. Insurers have struggled ...
Companies Worry Over Autonomous Cars’ Cyber Security Risks: Munich Re
Cyber security is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted by Munich Re. The world's second-biggest reinsurer ...
Hacking/Malware Attacks Surge at Banks and Credit Unions: Beazley
Financial institutions such as small banks and credit unions faced a huge spike in the number of hacking and malware attacks during the first six months of 2016, Beazley found in a new report. ...
The Latest Launches From Chubb, BHSI, Ironshore and More
Chubb added beefed up technology company coverage in the U.K. and Ireland. Berkshire Hathaway Specialty Insurance brought its directors and officers insurance products to Asia. Ironshore has now ...
Executives On The Move at XL Catlin, Starr Companies and More
XL Catlin promoted an executive to lead its specialty reinsurance arm in London. A Chubb and OneBeacon veteran joined ID Experts, an identity protection software company, in a leadership role. Starr ...
Insurers, Banks, Pension Funds Must Address Climate Change Risks: Report
The world's insurers, banks and pension funds are "inherently susceptible" to threats from climate change and must make adjustments, from shifting investment toward environmentally friendly ...
Connected Cars Fuel Battle Over Big Data Goldmine
As you may have suspected, your car is spying on you. Fire up a new model and it updates more than 100,000 data points, including rather personal details like the front-seat passenger's weight. The ...