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Meeting the cyber insurance challenge – head on

Bermuda, North America24-07-2020Cyber

AkinovA hosted its first ‘Ask The Experts’ private event and Q&A evening in May, bringing together some of the insurance, forensics, capital markets, modelling and legal industries’ leading experts on cybersecurity. Bermuda:Re+ILS summarises some of the points made at the event.

SCOR absorbs pandemic hit in H1 2020 but says ‘it’s not over yet’

Australia, Canada, Europe, Global, US24-07-2020Aviation & Aerospace, Catastrophe, Claims, Commercial Insurance, Credit Insurance, Energy & Marine, Engineering, General Insurance, General Liability, Investment Management, Liability Insurance, Life Insurance, Life Reinsurance, Marine, Non-life Insurance, Non-life Reinsurance, Political Risk and Trade Credit, Property and Casualty (P&C), Surety Insurance

CEO Kessler says COVID-19 impact on reinsurer is ‘limited’ and points to a hardening market as ‘perfect’ conditions for SCOR to prosper.

Lloyd’s optimistic outlook for 2021 is catching, despite COVID-19 threat

UK21-07-2020Life Insurance, Life Reinsurance, Managing General Agencies (MGA), Non-life Insurance, Non-life Reinsurance

As the historic market grapples with its transformation to greater digital use and the wide-ranging impacts of the COVID-19 pandemic, its planned changes for business and capital in 2021 offer a degree of hope that is mirrored in the market’s apparent desire for £11 billion of new business. Intelligent Insurer reports.

In a COVID-19 world, will normal service ever be resumed?

Global16-07-2020Aviation & Aerospace, Commercial Insurance, Cyber, General Insurance, Health Insurance, Life & Health, Life Insurance, Life Reinsurance, Non-life Insurance, Non-life Reinsurance, Property and Casualty (P&C), Risk Modelling

COVID-19 disruption has been total, from mass home working to the rise of videoconferencing and the ongoing uncertainty over what is, or isn’t, allowed. How might insurers make the best of the recovery in a new reality that is still evolving? Intelligent Insurer reports.

Clarity in changing times: why Bermuda remains bullish in the aftermath of COVID-19

Bermuda15-07-2020Capital Management, General Insurance, Insurance-linked Securities (ILS), Investment Management, Life Insurance, Life Reinsurance, Non-life Insurance, Non-life Reinsurance, Property and Casualty (P&C)

Bermuda’s response to tackling the COVID-19 crisis and remaining open for business has shown the island’s worth to CEOs and investors, says Bermuda Development Agency CEO Roland Andy Burrows ahead of a webinar on the topic.

Parametric insurance: plugging the gaps in business interruption cover

UK13-07-2020Agriculture, Broking, Catastrophe, Claims, Commercial Insurance, Construction, Cyber, Flood Insurance, General Insurance, Managing General Agencies (MGA), Non-life Insurance, Political Risk and Trade Credit, Property and Casualty (P&C), Terrorism Insurance

Gaps in SME business interruption cover have become a critical issue as the pandemic has wrought extensive trading disruption around the world. Alastair Speare-Cole, president and general manager of the Insurance Division of QOMPLX, outlines why parametric business is a powerful way to close some of these gaps.

COVID-19: managing cyber risks arising from the pandemic

Global07-07-2020Broking, Commercial Insurance, Cyber, Financial Lines, General Insurance, Industrial Lines, Life Insurance, Life Reinsurance, Managing General Agencies (MGA), Non-life Insurance, Non-life Reinsurance

The pandemic has significantly altered the cyber-risk landscape, amplifying existing issues and posing new challenges for re/insurers. Ahead of an Intelligent Insurer webinar on the topic, Darren Thomson, head of cyber security strategy at CyberCube, discusses the challenges and opportunities faced by the industry.

Liability market challenges reveal opportunities to innovate

Global, UK, USA01-07-2020Accident and Health (A&H), Broking, Casualty Insurance, Commercial Insurance, Liability Insurance, Life & Health

While COVID-19 and social inflation create challenge and uncertainty for the liability market, they also hold the key to innovation and lasting success, according to Bob Reville, co-founder, president and chief executive officer of Praedicat.

Underwriting accuracy and quality are on frontline in insurance ‘data war’

Europe, UK, US30-06-2020Broking, Commercial Insurance, Construction, Flood Insurance, Homeowners Insurance, Non-life Insurance, Non-life Reinsurance, Property and Casualty (P&C)

Commercial insurers are looking beyond postcodes and ‘COPE’ criteria to the huge potential of data supersets as they push for better underwriting and market advantage. Intelligent Insurer spoke to Simon Perry at Precisely to find out more.

Why the cloud and digital-first platforms are key for SME insurance growth

UK29-06-2020Life Insurance, Managing General Agencies (MGA), Non-life Insurance

As SMEs manage evolving business interruption issues and complex technology-related risks, commercial insurers have an opportunity to help them meet these ever changing needs. Find out more about how insurers are using the latest technology to grow their business in this area. 

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