CTO / Technology
Cyber Disclosure To SEC Not Universal; Even Insurer Fails To Report: Willis
A majority of the U.S. listed Fortune 500 firms are following the U.S. Securities and Exchange Guidelines by providing some level of disclosure regarding cyber exposures, but disclosure is not ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...
Obama Orders Patent Changes to Combat Abuses
President Barack Obama announced a series of actions aimed at protecting technology, finance and retail companies from lawsuits and demands for fees by businesses that abuse the patent system. The ...
Encryption: What’s The Big Secret?
So your organization sells a data breach or cyber liability insurance product that covers notification costs and ancillary services in the event your insured has a data breach and their customer's ...
European vs. U.S. Hurricane Models: Which Is Better?
When forecasters from the National Weather Service track a hurricane, they use models from several different supercomputers located around the world to create their predictions. Some of those models ...
EQECAT To Share Exposure Data Standard With RMS
Catastrophe modeling firm EQECAT announced that it has finalized an agreement to share exposure data schemas with another major catastrophe-modeling firm, Risk Management Solutions (RMS). The ...
Software Solution Development Tools—Sounds Good, But…
Over the past decade, tooling has become an attractive option for both insurers and software vendors as a way to create customized solutions. However, like any overused buzzword, "tooling" has many ...New York Regulator Requests Details on Insurers’ Cyber Security Plans
New York's top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks ...