The threat of social engineering and bank fraud are likely to continue. Strong risk management remains the best weapon for businesses to avoid getting conned.

The U.S. economy is primed for a recession in 2020 or 2021, so says 82% of the investment chiefs at the world’s largest insurance companies.

Shane Hogan, Senior Vice President, Aon When you win an RFP to handle the insurance work for one of the largest insurance companies in the world, you know you’re doing something right. Aon’s Shane Hogan is doing more than a few things right. For the major insurer, he was able to lower its Total Cost… View Article

External auditors supposedly arrive after the battle is over and bayonet the wounded. But what are they really meant to be doing when they carry out an annual audit?

Experian released its predictions for the breaches we can expect to see this year. Here are three newly emerging threats you might not be ready for.

David McLaughlin, a veteran of the financial services industry, is taking his first job in the commercial insurance sector for the ever-growing Hiscox USA.

The financial sector is not alone in seeking to identify how employees fall for cyber phishing scams.

Reputational and Credit Risks are keen in banking, but those are not the only risks bedeviling the sector.

We need to iron out the kinks before moving to a world where cash is no longer king.

A True Captive Adviser Some brokers simply sell products; others also help their clients understand their insurance needs. Kathryn Christensen excels at the latter. Christensen advised Katie Smart, assistant vice president, risk management, Macerich, on the process of setting up a captive as it involves big capital commitments. “Kathryn focused on our business and what… View Article

There’s a chance that Wells Fargo’s reputation may remain resilient. The same may not be true for its executives.

Think twice before you dismiss the Millennials. They know more than you do.

New cyber security regulations increase exposure for directors and officers at financial institutions.

The efficiencies promised by blockchain advocates must be balanced with the risks.

If barriers to implementation are brought down, blockchain offers potential for financial institutions.

After 20 years on the job, TransUnion’s Joon Sung knows that risk management success is based in part on the quality of relationships with brokers, carriers and other risk professionals.

Insurers, take note. We, the people, are widely starved of first-class service. Offer us some, and we’re yours.

No Jargon, Just Action Edward Conlon became the broker of a registered investment adviser and a related broker-dealer after a spinoff and merger at the holding company level. Despite a difficult loss history on the broker-dealer side, Conlon saved the combined entity 55 percent on its premium by showing carriers how the client improved its… View Article

Blockchain may bring great changes for the insurance industry, but calling it “revolutionary” is a stretch.

Indications that Wells Fargo investors were getting uneasy were visible in 2014.