Hijacking “smart” toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to the internet. The Internet of Things, a movement that seeks to …
Berkshire Hathaway Inc. won the top financial-strength rating from A.M. Best Co. for a unit that plans to sell insurance directly to businesses over the Internet, paving the way for Chairman Warren Buffett to expand his company’s insurance operations. Berkshire …
Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business technology and services provider. Insurers, …
Zurich Insurance has announced several changes to the executive line up of its U.K. General Insurance business. The appointments are as follows: Karl Helgesen was named U.K. chief claims officer, effective December 2015, as Tony Emms leaves the business UKGI …
Willis Group Holdings has launched Willis Accounting, a new global electronic accounting platform designed to speed up cash flow and settle claims more quickly with carriers and clients. Following a successful pilot, Willis Accounting replaces traditional paper and email delivery …
Chancellor of the Exchequer George Osborne announced he’ll double funding to strengthen the U.K.’s cyber defenses, while refusing to confirm that budget cuts to be announced next week would spare Britain’s police forces, as Europe braces for further attacks from …
AXA has appointed Philippe Marie-Jeanne as chief data officer (CDO) of the AXA Group, in addition to his role as head of the Data Innovation Lab. He will report to Véronique Weill, member of the AXA Group Management Committee, AXA …
Outsourcing company Xchanging Plc , which has already accepted a takeover offer from Capita Plc, has received a proposal from U.S.-based Computer Sciences Corp., which values the company at about 421 million pounds ($640 million). Shares in Xchanging – which …
Xchanging plc, the London-based business technology and services provider, has won a three-year contract to supply insurance services to the Lloyd’s service companies operating from the Lloyd’s Asia platform in Singapore, with effect from Jan. 1, 2016. The new cloud-based …
London-based Hyperion Insurance Group* announced that Lyn Grobler will be joining from BP as group chief information officer. Grobler, VP and CIO of corporate functions at BP, will join Hyperion in January 2016 to oversee all aspects of technology and …
