Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published today by global insurance broker Marsh and the risk …
The United States and Britain on Monday accused Russia of launching cyber attacks on computer routers, firewalls and other networking equipment used by government agencies, businesses and critical infrastructure operators around the globe. Washington and London issued a joint alert …
When it comes to business growth, agents have their eyes on the same prize but different ideas about how to secure it. That’s one of the key findings of “Agent Voices 2018,” a soon-to-be-released report based on a survey of …
Toyota Motor Corp. plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents annually. The U.S. Transportation Department must decide whether …
Facebook Inc. may have to pay a real price for claims it invaded users’ privacy: billions of dollars. A federal judge ruled Monday that millions of the social network’s users can proceed as a group with claims that its photo-scanning …
Independent agents take note – Nationwide may be on your side. Nationwide on Monday announced its intention to shift to an independent agency distribution model over the next two years. The Columbus, Ohio-based carrier, which provides a range of insurance …
Willis Towers Watson will begin integrating IBM Security’s suite of services – from security testing and technical assessments to incident response and cyber resiliency services – to help clients assess, protect and recover from cybersecurity threats. According to Willis Towers …
Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, Marsh said the certificate of insurance process will be transformed “from …
Markel Corp. has reorganized the leadership structure of its excess casualty team, the underwriting unit with teams in the U.S., Bermuda, Dublin and London. Matt Mullen and Colin Shaw, both managing directors, Casualty, reporting to Alan Rodrigues, executive underwriting officer, …
The names of four deadly hurricanes that slammed parts of the United States, Central America and the Caribbean last year are being retired. The National Oceanic and Atmospheric Administration announced that hurricane names Harvey, Irma, Maria and Nate will be …
