IT News

Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey

Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …

Generali Appoints Hodges as Head of IT Systems

Bruce M. Hodges will join the Generali Group as group head of Information Systems, effective October 1, 2015, the Trieste, Italy-based company announced. Hodges will be responsible for Generali’s global IT systems and application landscape, with a focus on modernizing …

What Are Your True IT Costs?

This post is part of a series sponsored by Vertafore. Most principals can talk about fixed asset schedules: how much a PC costs, how much a server costs. That’s a three to five year investment. What often goes under the …

UK Insurance Software Provider Innovation Group Wins Major Contract

British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will see Innovation’s products used …

RSA Appoints McKenzie as COO for UK, Western Europe

London-based RSA has appointed Darren McKenzie to the newly created role of chief operating officer for the UK & Western Europe. Joining on July 1, McKenzie will report directly to Steve Lewis, chief executive for the UK & Western Europe, …

EU Insurers Still Coming to Terms with Solvency II as Start Date Nears

“Over the next 18 months it’s estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for Solvency II (SII),” said Garvan O’Neill, a partner in PricewaterhouseCoopers’ financial services practice, who headed a panel discussion on the …

Europe’s Risk Managers Concerned by Social Media Reputation Damage

The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming more significant for European …

UK Conference Panel Calls for Closer Collaboration with IT Managers

A panel of insurance technology experts has assessed the challenges national and multinational insurers face and how IT (information technology) can best be used to achieve maximum benefit from standardization. The panel, convened at the annual Insurance Technology Congress, sponsored …

Xchanging Appoints Sadler as Insurance Chief Info Officer

London-based Xchanging, the business processing and technology services provider and integrator, has appointed Jim Sadler to the newly-created role of Chief Information Officer for its UK Insurance Sector business. He has over 20 years of IT experience in the insurance …

Cooper Gay Swett & Crawford Appoints Kruger as First Group CIO

Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance broking group, has appointed Brent Kruger as its first group chief information officer. He is based in London and will lead all of the group’s IT initiatives for its …