Articles by Denise Johnson

7 Questions to Ask Cyber Insurance Prospects

An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses, insurers and their agents need to understand and protect against these threats, according to experts at a recent American Bar Association insurance …

Helping Small Insurers Sell Cyber Coverage to Small Businesses

With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage. But small insurers have been sidelined in this market due to …

How Technology Is Changing Workers’ Compensation

New technologies are improving workers’ compensation programs in everything from communications and training to health care delivery and claims, according to experts. Tom Ryan, market research leader for Marsh’s Workers Compensation Center of Excellence, speaking during a recent Marsh broadcast, …

The Future of Fraud Fighting: IoT and Telematics

Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk Insurance Solutions. Though predictive modeling has been used for …

Why Predictive Modeling Is Gaining as Fraud Fighting Tool

Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk Insurance Solutions. Though predictive modeling has been used for …

Insurance Career Month: Why Industry Must Rethink Recruitment Strategies

With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the U.S. Bureau of Labor Statistics, it’s incumbent on carriers to consider the ways in which they communicate with and recruit …

Insurance Industry Rethinking Recruitment Strategies

With nearly 400,000 employees expected to retire from the insurance industry workforce within the next few years, according to the U.S. Bureau of Labor Statistics, its incumbent on carriers to consider the ways in which they communicate with and recruit …

Hackers Set Eyes on Cloud Technology, IoT Systems, McAfee Labs Reports

Hackers are expected to take advantage of vulnerabilities associated with cloud technology and the Internet of Things, according to McAfee Labs 2017 Threat Predictions report, released late last year. Other predictions, including a major advancement in threat intelligence sharing, hacktivists …

Sharing Economy Requires More Sharing Between Underwriting, Claims

The sharing economy poses new challenges for insurers including new exposures from technology and a need for better communication between claims and underwriting. That’s according to members of the International Association of Claim Professionals (IACP) who spoke out in a …

How SEC Scrutiny of Unicorns Could Affect Private Company D&O Insurance

Underwriters of directors and officers (D&O) liability insurance should keep an eye on the increased scrutiny of “unicorn” technology firms by the U.S. Securities and Exchange Commission (SEC) for potentially inflated valuations and misleading statements, both of which pose a …