by Ben Beeson | December 7, 2015 | Cyber & Technology
No doubt a few eyebrows were raised in the boardrooms of insurance companies and brokers globally following a briefing note released on Nov. 30 by security ratings agency AM Best. Quantifying cyber risk remains a major challenge to the industry but AM Best’s research...
by Jennifer Schuler | November 19, 2015 | Casualty, Construction, Cyber & Technology, Environment, Healthcare, Property, Real Estate, Workers' Compensation
Lockton has released its Fall 2015 P&C Market Update and the US property and casualty insurance market has seen competition continue to increase in a market characterized by excess capital, low interest rates, and slow economic growth. Most clients are benefitting...
by Ben Beeson | November 9, 2015 | Cyber & Technology
Why is the role of cyber insurance becoming more than simply a financial instrument to transfer risk? In my blog from last week, I set out the reasons for why cyber insurance demand is skyrocketing and will continue to do so. A risk transfer strategy as part of an...
by Ben Beeson | November 2, 2015 | Cyber & Technology
In a relatively short space of time, the attitude of Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs) toward cyber insurance has flipped 180 degrees. It used to be a major challenge for insurance brokers to engage IT department...
by Jennifer Schuler | June 12, 2015 | Construction, Cyber & Technology, Energy, Financial & Executive Risk, Healthcare, Property, Risk Management, Surety, Workers' Compensation
The US property and casualty insurance market has seen a surplus of growth in the last several years, leading to ample capacity and favorable rates. Overall, it continues to be a buyer-friendly environment that is not expected to change soon, barring a catastrophic...
by William A. Boeck | June 2, 2015 | Cyber & Technology, Risk Management
IRS Data Breach Everyone in the U.S. has probably heard about the breach that the Internal Revenue Service (IRS) disclosed this past week. For those unfamiliar with the event, criminals reportedly located in Russia used personal identifiable information (PII) of...
