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Antony Ireland is a London-based financial journalist. He can be reached at [email protected].
Tackling evolving technology risks and protecting insureds against extreme weather events are two of the top priorities as the insurance sector battles to ensure its regulations remain relevant in a rapidly changing world.
Professional liability underwriters head to this year’s PLUS Conference with rates on the rise but damages payouts rising even faster.
Target markets are the place to be right now — and capital and technology providers are flocking to the segment.
With class-action suits sending exposures soaring, D&O insurance premiums jumped more than 20% this year — but according to carriers, this is just the start.
Health care organizations are leading the way when it comes to using captives to insure cyber risk.
Global supply chains, cyber risk and unpredictable weather are just a few factors complicating business interruption risk.
Catastrophe losses dented some wholesale and specialty businesses in 2018, but the focus of WSIA’s Underwriting Summit was on how this steadily growing market can continue to thrive.
When the data from wearables is integrated with virtual and augmented reality, simulated ‘virtual workers’ will help companies get a grip on workplace risk before incidents even occur.
Hospitality was one of the first industries to bear the brunt of premium hikes and coverage limitations from insurance carriers after 2017’s hurricane season.
Despite the growing threat of reputational risk, quantifying and mitigating the risk itself continues to challenge risk managers and insurers.
With every sector facing a widening cyber security skills gap, businesses must adopt proactive recruitment strategies, nurture homegrown talent and foster greater diversity in the workforce.
The underrepresentation of women in cyber security is a huge driver behind the talent skills gap in this sector.
Machine learning programs are taking cyber security to the next level, though they won’t keep hackers at bay for long.
Awareness of cyber risk is increasing, but some companies may be neglecting to prepare adequate response plans that could save them millions.
Entertainment companies are attractive and vulnerable targets for cyber criminals.
Amid anti-bribery reform, corruption is more aggressively investigated around the world.
This year’s hurricane season sees the use of drones and other aerial intelligence gathering systems as insurers seek to estimate claims costs.
Insurtech providers are facilitating a more efficient insurance market for both buyers and sellers. Brokers must stay ahead of the learning curve to remain competitive.
The biggest risk for many companies is a cyber attack to a third-party data vendor. Insurers are taking note, but gaps in cover remain.
Once the darling of the P&C world, commercial auto is now its problem child. Faced with escalating losses, insurers have no choice but to continue to raise rates and write smarter.
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