CTO / Technology
Ukraine Grid Attack Sparks Worry Among U.S. Utilities About Getting Cyber Cover
U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than ...
Marsh Starts Marketing New Global Excess Cyber Risk Facility
Marsh has launched "Cyber ECHO", a global excess cyber risk facility it pitches as offering more reliable insurance coverage for organizations around the world. The product is designed to bring ...
Swiss Re Joins Urban Catastrophe Recovery Initiative
Swiss Re is linking with a French utilities company and a U.S. non-profit to help cities better protect key infrastructure and recover more quickly after catastrophe strikes. Specifically, Swiss Re ...
Mid-Sized P/C Carriers Increasingly Embracing IT Outsourcing: Novarica
Large numbers of insurers are relying on at least some form of information technology outsourcing to enhance their daily operations, Novarica found in a new survey of industry CIOs. The reason: ...
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...
Executive View: Underwriting Tech Drives Service for Agents, Customers
While there are many good reasons to invest in underwriting technology, for Stonetrust Commercial Insurance Company there is really just one primary driver behind everything that we do and that's ...
Allianz: Business Interruption Remains Huge Risk; Cyber Gaining Fast
Business interruption is the top concern of risk managers heading into 2016 for the fourth year in a row, but cyber is a fast-growing corporate worry, according to a new report from Allianz Global ...
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Lloyd's of London has developed common core data requirements for cyber risks, a task achieved through collaborating with modeling firms AIR Worldwide and RMS, along with RMS' partner, the Cambridge ...