June 29, 2022
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  • INDUSTRY NEWS
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    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.

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    “Still Opportunities to Get Things Done Despite Dysfunctional US Government” – APCIA CEO

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    Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

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    NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

  • COMMERCIAL RISK
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    Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

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    Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University.

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    Independent Agents See Growth Across All Lines, Despite Challenges – Big I CEO

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    Technology and “Lookers” Enhance Claims Management process – Crawford COO

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    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
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    FL Commissioner Optimistic about Emerging Consumer Products/Services

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    New Revenues for Insurers Exist in Sharing Economy – Re-Sure CEO

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    Insurers need “sense of urgency” to improve claims and risk assessment process

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    “Amazoned” consumers present challenges & opportunities to personal lines insurers.

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    “Upstart Insurtechs” raising the bar in homeowners market – LexisNexis exec.

  • REINSURANCE/ILS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

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    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

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    Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

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    US Reinsurance Market “Healthy” While Facing New Threats & Opportunities

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    Reinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”

  • CAREERS/PROFESSIONAL DEVELOPMENT
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    P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit

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    St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO

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    Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

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    Grow by Solving Society’s Problems…A.M. Best exec.

    . .

    Spencer Foundation fights “war for talent” with scholarships, grants and internships.

3 New Articles
  • Oct 12, 2020 Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
  • Feb 6, 2020 Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs
  • Jan 29, 2020 Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.
Home Tag Archives: cyber security

Tag Archives: cyber security

COMMERCIAL RISK Corporate Risk Management/ERM P&C Specialty Lines

The risks of the religious…and opportunities in assisted living & not-for-profits – Church Mutual CEO

Richard Poirier is CEO of Church Mutual Insurance, which focuses primarily on the risks of faith-based ministries, as well as public schools, assisted living facilities, non-profits and secular and religious camps.  Mr. Poirier points out some risks to physical plants of social service facilities, including workplace violence, active shooters, cyber security, and the unpredictable weather. According to Mr. Poirier, flood …

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WRIN.tv Newswire

Cyber risk; silent threat underestimated by engineering insurance – IMIA

 THE INTERNATIONAL ASSOCIATIONS OF ENGINEERING INSURERS  PRESS RELEASE  Cyber risk; silent threat underestimated by engineering insurance Doha, Qatar – 4 October 2016 – The Internet of Things (IoT) and cloud computing have a direct influence on the engineering insurance risk landscape but are being underestimated by underwriters according to The International Association of Engineering Insurers (IMIA). A specialist working group …

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Data/Tech/Modeling EMERGING TRENDS Specialty Lines

Record breaches, D&O risk, new regs… All part of Billion-dollar cyber insurance market.

According to Symantec,  a record-setting nine mega-breaches were reported in 2015, each compromising more than 10 million records. But cybercrime affects more than just large companies. Microsoft says 20 percent of small to midsized businesses have been victims of cybercrime as well..  Fitch estimates the 2015 cyber insurance market to be close to $1 billion in direct written premium, and estimates the …

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Corporate Risk Management/ERM Data/Tech/Modeling EMERGING TRENDS FEATURED P&C Recent Stories

IoT Expanding; Cyber threats growing – insurers rResponding

In this edition of WRIN.tv’s Cyber Report, a Gartner study forecasts that 6.4 billion things will be inter-connected worldwide in 2016, with spending on support for the Internet of Things (IoT) to hit $235 billion. A cyber-security guru described the Internet of Things as “The Internet of Threats”, as the U.S. Federal Government says the global Internet of Things will …

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Tom-Lenoardi-Evercore
INDUSTRY NEWS Legislation/Regulation Recent Stories

Tom Leonardi on cyber risk regulation, unintended regulatory consequences and goals going forward

Tom Leonardi, a Senior Advisor at Evercore and former Connecticut Insurance Commissioner, speaks with WRIN.tv during the recent IIS Global Insurance Forum at the United Nations. He addresses regulator focus on cyber security, regulations that are harming industry growth, and what he feels regulators should focus on. Regulators focus on cyber risk in the wake of Anthem/Premera Blue Cross breach …

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Adam-Hamm North Dakota Insurance Commissioner
Data/Tech/Modeling INDUSTRY NEWS Legislation/Regulation Recent Stories

ND Insurance Commissioner says “we need to step up our game” to address cyber threat.

In the wake of the high-profile breach of the U.S. Federal Government, WRIN.tv speaks with Adam Hamm about recent developments in cyber risk and cyber security. He is the North Dakota Insurance Commissioner and Chair of the NAIC Cyber Security Task Force, and a speaker at the 31st Annual S&P Insurance Conference in New York. Mr. Hamm reminds us that there is …

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Bob-Parisi-Marsh
Agents/Brokers/Consultants Corporate Risk Management/ERM Data/Tech/Modeling EMERGING TRENDS FEATURED Recent Stories

Cyber security starts with breaking down silos and communicating with all risk stakeholders – Marsh

      WRIN.tv spoke with Marsh’s Cyber Product Leader, Bob Parisi, during the recent RIMS Conference in New Orleans, about the pervasive nature of cyber threat and what risk managers can do to manage the risk. While it is hard to quantify the cyber threat to American businesses, Mr. Parisi says, “any company that touches and handles confidential information, …

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caroline-clouser,-ACE-RIMS
Accident/Disability COMMERCIAL RISK FEATURED P&C Recent Stories Working in Risk & Insurance

“Lax” healthcare industry faces critical cyber risk issues

  A report published by ACE looked at the “critical risks facing the healthcare industry.” At the 2015 RIMS Conference, we spoke with Caroline Clouser, EVP – ACE Medical Risk Group, about the report, and what it means to healthcare risk managers. Ms. Clouser mentions several major issues facing the healthcare industry have been in the news lately, including emergency …

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Rick Betterley
Corporate Risk Management/ERM EMERGING TRENDS Recent Stories

Small and medium sized companies are “soft underbelly of cyber security”

Hi-profile cyber-attacks against large companies, such as Anthem and Sony, garner much of the attention in the media. However, small and medium sized companies (SMEs) are exposed to cyber risk as well. Rick Betterley, the editor of the Betterley Report, discusses how exposed small and medium sized companies are to cyber threats. According to Mr. Betterley, small to medium sized companies …

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Cyber Threat Intelligence Integration Center
Data/Tech/Modeling Legislation/Regulation

Cyber Threat Intelligence Integration Center for public-private cybersecurity

President Obama’s chief counter terrorism adviser announced the launch of a new federal agency to coordinate public and private-sector cybersecurity efforts. The Cyber Threat Intelligence Integration Center will be modeled after other federal programs intended to fight terrorism, such as the National Counterterrorism Center.

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Eric Qualkenbush, BLACKCOPS Partners
Data/Tech/Modeling EMERGING TRENDS INDUSTRY NEWS Recent Stories

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 …

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Monday Morning Headlines
Companies Homeowner/Renter/Auto INDUSTRY NEWS Legislation/Regulation People Recent Stories

Monday Morning Headlines: February 2, 2015

WRIN.tv’s Monday Morning Headlines, compiled by SNL Insurance, is a video digest of the news you need to know about the U.S. Insurance industry. Today’s Monday Morning Headlines: NAIC to give IT guidance re: Cybersecurity for insurers Fla Governor gets advice from lobbyist re: new insurance commissioner PartnerRe/AXIS Capital merger to create 5th largest P&C reinsurer ACE CEO Greenberg: consolidation …

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