Connecting discreet risk information throughout the business and making sense of it is a difficult task, but corporate insurance and risk management functions have innate skills to lead the charge.
GDPR laws on privacy allow for fines of up to 4 percent of global revenue for data breaches, which could cost Facebook $2.2 billion and Google $5.4 billion.
2019 Executive to Watch Tom Warsop gives his take on the opportunities and challenges created by rapid technological change and the industry’s looming talent shortage.
The failed Amazon-New York deal could act as a big risk management lesson on opportunity costs, as well as the importance of reviewing the big picture.
Michael Cohen’s testimony before Congress included an accusation that Trump inflated assets to insurers. But it’s unclear whether such misstatements constitute insurance fraud.
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.
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?