Even in a shifting D&O market, looking for these four traits during renewal will help ensure a carrier’s reliability, experience and expertise in management liability risk.
The cyber insurance market may reach close to $100 billion by 2030. An increasing reliance on technology and a growing industry of cybercriminals are the driving factors.
Given how difficult it is for them to obtain insurance, NFL teams must assume a great deal of risk — but the league is highly proactive at managing it.
From early-stage adoption and collaborative efforts to innovative use cases, blockchain technology is poised to reshape claims and insurance market dynamics. But where does it stand in terms of returns?
As the insurance industry faces a considerable talent shortage, finding ways to optimize the process of knowledge transfer has never been more crucial.
Artificial intelligence can help physicians reduce their administrative workload and manage the strain caused by talent shortages, but these new technologies are not without risk.
In 2017, Merck & Co., a New Jersey-based multinational pharmaceutical company, fell victim to the NotPetya malware attack, resulting in damages exceeding $1.4 billion and affecting more than 40,000 of its computers.
This transformation of risk data accessibility equalizes information access, enabling individuals and businesses to preemptively address potential issues.
From power grid failures to rising costs to more widespread injury and illness, these risks reflect just how complex and far-reaching the effects of severe weather events can be.