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News
Coalition launches £20m enterprise cyber cover in UK
1+ week, 5+ day ago (328+ words) ‘Enterprises need confidence that they can withstand digital threats no matter how they evolve,’ says chief revenue officer Coalition has launched a new cyber insurance proposition that offers up to £20m in cover for large UK organisations. Read: MS Amlin bolsters…...
MS Amlin bolsters cyber team with senior underwriting appointments
2+ week, 4+ day ago (317+ words) ’They bring the underwriting expertise and market experience needed to scale the portfolio further,’ says chief underwriting officer MS Amlin has appointed Alex Jomaa as head of cyber and Monica Tigleanu as lead underwriter as the Lloyd’s insurer looks to…...
Financial damage from cyber attacks grows despite falling claims volumes
2+ week, 5+ day ago (343+ words) While the number of insurance claims related to cyber attacks across the UK and Europe is seeing a welcome fall, the financial scale of such claims is growing. Read: ABI releases new cyber resilience guidance Read: Human error still bigger…...
The fraud signals hiding in plain sight – Smartnumbers
2+ week, 5+ day ago (487+ words) Sponsored content: Jamie Melling, chief executive at Smartnumbers, discusses how the data behind contact centre calls is emerging as a powerful, but underused, tool in the fight against insurance fraud Insurance fraud is a moving target. Fraudsters are strategic about…...
Aviva launches AI video analysis tool to flag worker injury risk
3+ week, 51+ min ago (300+ words) Insurer Aviva has partnered with health and safety specialist Cardinus Risk Management to add an artificial intelligence (AI)-powered musculoskeletal injury prevention tool to its client offering. Read: Cyber policy wordings have potential to provide unintended AI cover – IUA Read:…...
Cyber policy wordings have potential to provide unintended AI cover – IUA
3+ week, 3+ day ago (1202+ words) Although believing that artificial intelligence is ‘an insurable exposure’, explicit coverage is still hard to find as use cases around the technology continue to evolve and differ vastly between businesses, says underwriting director Common clauses cited within cyber insurance policies…...
ABI releases new cyber resilience guidance
3+ week, 4+ day ago (367+ words) ’Our new guidance highlights practical actions businesses can take to better protect themselves,’ says director of general insurance The ABI has issued new guidance to help organisations better protect themselves against escalating and evolving cyber threats. Read: Aviva updates cyber…...