technology risks News

How Pandemic, Contracts Focus Intellectual Property Insurance on Intangible Assets

The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the threat not only to their own IP, but also the potential that they may face a claim of infringement by …

Technology Risk Mgmt Association TechAssure Names New Member in Germany

TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, has named German insurance brokerage B├╝chnerBarella as a new member, effective immediately. Headquartered in Giessen, Germany, B├╝chnerBarella is an independent, full-service insurance brokerage firm that specializes …

Insureon CEO on Growth, Hockey Pucks and the Perils of Complacency

A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely has found hockey pucks …

Why Insurers Must Pick Up Their Technology Pace

The insurance industry is on the horns of a dilemma: how to use new technologies to improve their operations and how to insure the risks these new technologies present to their customers. The pace of technology is changing at faster …

XL Catlin Expands Architects & Engineers Product to Cover Drones, Technology Risks

XL Catlin’s Design Professional insurance business has enhanced its professional liability insurance for architects and engineers (A&E) as well as other design professionals. XL Catlin’s newest Design Professional insurance enhancements include: Professional liability protection for a firm’s use of drones …

Companies Let Most Technology Assets Go Unprotected: Aon/Ponemon

Cyber is one of the fastest growing risks for companies across the globe, and information technology assets are often as valuable as property assets, yet companies are only protecting 12 percent of those assets compared to 51 percent of tangible …