Articles by Elizabeth Blosfield

Elizabeth Blosfield is Deputy Editor for Carrier Management. She can be reached at eblosfield@wellsmedia.com.

How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?

The U.S. Supreme Court’s June overturning of the 1973 Roe v. Wade decision protecting women’s constitutional right to an abortion has brought with it reports of growing digital privacy concerns. Most of the concerns center on individuals’ collected data due …

Despite Growing Pressures, Most Cyber Insurers Won’t Exit: Survey

The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn’t necessarily scaring insurers away, according to a 2022 Cyber Insurance Market Trends report from Panaseer. “Despite the considerable …

Inside Out: How Exit Crime, Insider Threats Are Creating Challenges for Insurers

There has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of insider threats can be just as scary and perhaps a little more difficult to prevent, according to …

NEXT, Thimble Latest Insurtechs to Announce Layoffs This Year

NEXT Insurance and Thimble are the latest insurtechs to lay off part of their workforce this year, with NEXT citing challenging economic conditions and both insurtechs pointing to an increased focus on profitability. NEXT laid off 17% of its workforce …

Despite Growing Pressures, Most Cyber Insurers Won’t Exit: Survey

The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn’t necessarily scaring insurers away, according to a 2022 Cyber Insurance Market Trends report from Panaseer. “Despite the considerable …

The Insuring Cyber Podcast: Is Ransomware at a Turning Point?

Although reports indicate ransomware activity has been quieter than usual to start the year, experts say that likely won’t last for long. “What we see is there’s an evolution of [ransomware] changing and not just in the way that the …

Hey Siri, What’s Next for AI and Robotics in Insurance?

A lot has changed in the world of automation since Apple first launched its virtual assistant, Siri, on October 4, 2011. It’s a date that musician, actress, and public speaker, Susan Bennett, remembers well because she’s the original female, American …

Preparing for InsurTech’s Second Act: Embedded Insurance

The insurtech industry has been around for about a decade, and experts say that while it has succeeded in bringing new entrants into the industry, it has struggled at times with distribution and customer acquisition. This is where embedded insurance …

Insurtech Faces ‘Leveling Out Period’ Amid Market Challenges

The insurtech industry is facing what experts say is a “leveling out period” after investment in the space accelerated during the pandemic due to changes in the workplace and a greater focus on the use of technology. “We’re in this …

From Pandemic to Cyber War, Clear Policy Wording Is Key for Insurers

Insurers and insureds alike agree that clear policy wording will be the path forward in dealing with concerns about cyber war in the wake of the Russia-Ukraine conflict. This isn’t the first time in recent history that reworking policy language …