Confusing, Costly Cyber Policies Create Obstacles to Market Growth: Deloitte March 3, 2017 By L.S. Howard Despite the rising profile of cyber risks, buyers have failed to widely embrace cyber coverage. At the same time, insurers...
Level of Cyber Risk Management for Many Firms Is ‘Unsustainable’: Swiss Re March 2, 2017 By L.S. Howard Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cyber security into their mainstream risk management...
Effective Cybersecurity Strategy Rests on People, Not Just Technology March 1, 2017 While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so...
UK Insurers’ Reserve Strengthening Likely After Personal Injury Discount Rate Change: A.M. Best March 1, 2017 The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government’s announcement of a dramatic...
Helping Small Insurers Sell Cyber Coverage to Small Businesses February 24, 2017 By Denise Johnson With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no...
Investments in Insurtech Expected to ‘Keep Booming’ in 2017: KPMG Report February 23, 2017 By L.S. Howard Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth...
Surprising Facts About Social Security and Medicare February 22, 2017 By Mark Miller While the era of “alternative facts” dawned in Washington last week, experts from across the ideological spectrum gathered in the...
U.S. Keeps on Motoring, Sets Record of 3.2 Trillion Miles in 2016 February 22, 2017 Motorists drove a record 3.22 trillion miles (5.2 trillion km) on U.S. roads last year, a 2.8 percent rise from...
The Hidden Cost of Bundling Insurance Policies February 22, 2017 By Andrew G. Simpson Marketers love to bundle products and for good reason. Bundling encourages consumers to buy more. However, new research suggests that...
Snoozing While Cruising Argues for Full Autonomy in Vehicles February 21, 2017 By Keith Naughton As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives:...