Advanced Persistent Threats (APTs) exploit employees to beat cybersecurity In another edition of ACORD’s TechTalk, host Johnell Johnson welcomes Eric Qualkenbush, a Director with BLACKOPS Partners, who retired from the Central Intelligence Agency (CIA). He focuses on cybersecurity and the “insider threat.” Mr. Qualkenbush says most cyber security companies focus on technical solutions, and do not pay enough attention to the human element. In fact, he says, most cyber-attacks … Read More
Florida Insurance Commissioner keeps job amid political tempest Florida Insurance Commissioner Kevin McCarty is keeping his job…for now. State officials forced Governor Rick Scott to delay removal of the longtime regulator pending a revamped state agency review process. McCarty has been at the center of political tempest in Florida, new details of which are still emerging. Read More
Cyber-attack on Anthem affects millions…Breached data limited Health insurance giant Anthem was the target of an external cyber attack, which compromised personal member information including names, birthdays, social security numbers, addresses and employment information. Anthem said there is no evidence that credit card or medical information was compromised. Attorneys general… in several states… are investigating. Read More
The Institutes President/CEO talks about the underwriting profession of today…and tomorrow Peter Miller, President and CEO of The Institutes joined WRIN.tv during the Joint Industry Forum in New York to discuss the many changes affecting the underwriting discipline over the past few years, including the impact of technology, data and the opportunities they present to underwriting professionals. Top three factors affecting underwriters today all revolve around technology Telematics, data analytics and … Read More
Telematics, data analytics, “internet of things” to influence future role of underwriters The Institutes President and CEO Peter Miller sees underwriters using technology to gather and use information including telematics, data analytics and other data collection techniques. Technology has also affected underwriters’ workflow, making it easier to collaborate with claims and other part of the organization. Mr. Miller also believes “the internet of things” will play a big role in data collection. … Read More
Top three factors affecting underwriters today all revolve around technology Peter Miller, President and CEO of The Institutes joined WRIN.tv during the Joint Industry Forum in New York to discuss the many changes affecting the underwriting discipline over the past few years, including the impact of technology, data and the opportunities they present to underwriting professions. According to Peter Miller, President and CEO of The Institutes, the top factors affecting … Read More
“Disruptive Technology” can be destructive or beneficial to insurers…and what about Google? World Risk and Insurance News was on-site for the annual Joint Industry Forum, hosted by the Insurance Information Institute. Here, Dr. Bob Hartwig, President of the Insurance Information Institute, shares his thoughts on the new Congress, the debate over capital standards, technology, and more. “Technology is a disruptive force in many industries, and insurance is no different. It can be … Read More
Cyber coverage advice: beware exclusions, trapdoors and gaps in Privacy Breach Coverage. In this edition of Cyber Risk – The Threat…The Response (sponsored by Worldwide Facilities, Inc.), guest Steve Vallone, a Broker at Worldwide Facilities and Serene Davis, a Professional Liability Underwriter at Beazley, discuss privacy breach insurance. According to Ms. Davis, “Privacy breach insurance is…a liability policy…that is secondary to first-party coverages…When a breach occurs, there are multiple steps…and large costs involved in … Read More
WRIN.tv Week in Review: January 5-9, 2015 Last week on WRIN.tv… Monday Morning Headlines, provided by SNL Insurance included: The Superintendent of New York’s Department of Financial Services seeking info on the impact of the expiration of TRIA…an effort now, with TRIA passing, somewhat unnecessary. Aon Benfield reported insured losses for 2014 will likely be about far lower than 2013, while SNL suggests the lack of major … Read More
Cyber Risk even greater for small / mid-sized businesses – Founder of Privacy Professionals In Part 2 of this edition of Cyber Risk – The Threat…The Response (sponsored by Worldwide Facilities, Inc.), guest Gamelah Palagonia, Founder of Privacy Professionals, discusses the impact of technology, privacy and cyber risk on enterprise risk management. Cyber risk is a Board and employee issue, according to Ms. Palagonia, “but more importantly it is an enterprise issue…. an enterprise risk that … Read More
RIMS 2013: Dr. Peter Dailey from AIR Worldwide discusses the latest developments in modeling and new Real-Time Climate Risk Analytics Services RIMS 2013: Dr. Peter Dailey from AIR Worldwide discusses the latest developments in modeling and new Real-Time Climate Risk Analytics Services Read More
WRIN.tv November 29, 2012. UK Flood insurance talks at impasse; Lloyd’s says the world is under-insured; AIR’s Dr. Doggett on revised Sandy loss estimate and climate change. Watch the fully edited stories featured in this edition of World Risk and Insurance News: UK Flood insurance at issue for the government and insurers; Lloyd’s report sees Read More