Internet of Things News
Underwriting for the Modern Age
Back in the 17th century of Lloyd's coffeehouse, a ship set sail for the New World with insurance policies covering the hull and cargo. The task of the underwriters was to evaluate the risk of damage ...
Insurance Customers, and How to Keep Them by Using Connected Technology
It seems that no matter the industry, customer expectations for personalized service are high, and getting higher. Insurance customers now commonly make comparisons based on experiences in other ...
Small Cyber Insurers Worry Regulators; Model Law Coming
While insurance regulators are tackling cyber-related issues at a record pace, they're focused on questions beyond whether insurers are adequately securing the personally identifiable information of ...
Reporter’s Notebook: Could Insurance Be the Economic Engine for the Internet of Things?
Fill in the blank: Advertising is to the Internet as <Blank> is to the Internet of Things. Until I attended the Property/Casualty Insurance Joint Industry Forum earlier this month, the ...
Your Toaster Could be at Risk for a Cyber Attack
Hijacking "smart" toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to ...
ACORD’s Hartnett Discusses the Future of Industry Standards, Disruption and the Internet of Things
In a recent, wide-ranging conversation with Wells Media Group's Andy Simpson, Bill Hartnett, ACORD's first innovation chief, talked about innovation culture and the power of failure, lessons he ...
Report Finds Some Baby Monitors Lack Security Features
Several of the most popular Internet-connected baby monitors lack security features, making them vulnerable to even the most basic hacking attempts, according to a new report from a cybersecurity ...
The IoT Revolution: Coming to a Warehouse and a Theme Park Near You
Privacy risks related to potential hacks of Internet-connected devices are hot topics for carriers, risk managers and brokers, but possible business interruption losses should not be overlooked when ...