Internet News

Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey

Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …

Airbus and Atos to Create Cyber Security Products for Insurers, Other Industries

Airbus Group SE’s Defence and Space will team with digital services provider Atos SE to develop products designed to counteract cyber attacks on companies and their supply chains. The partnership will address industries including banking and insurance as well as …

Allianz Teams with Volkswagen, Bayer and BASF in Anti-Hacking Venture

The German car giant that gave the world the Beetle may soon help you fend off cyber criminals. Volkswagen AG teamed with insurer Allianz SE, medical company Bayer AG and chemicals producer BASF SE to sell information-technology security services to …

NAPSLO Panel: Tech Disruption May be Good for E&S Market

“There are no rules. If you can figure out how to quantify a risk and define it, then you can insure it.” Hank Haldeman, president of the board of directors for the National Association of Professional Surplus Lines Offices, sounded …

Generali Signs Global Deal to Target High-Growth Markets via Smartphones

The Generali Group has signed a global deal with Obi Worldphones™, aiming to target, via smartphones, 20 high-growth markets with a prospective customer base of more than 10 million people. “This breakthrough deal with Obi Worldphones will allow Generali to …

American Claims Management’s Technology Edge Wins McCormack Baron Management Contract

San Diego, CA, July 29 2015– Cutting edge technology was one of the primary drivers behind McCormack Baron Management Inc.’s decision to select national third party administrator (TPA), American Claims Management Inc. (ACM) to manage its general liability insurance claims, …

Automakers Seek to Limit Data Sharing with Tech Partners

Carmakers are limiting the data they share with technology partners Apple Inc. and Google Inc. through new systems that link smartphones to vehicle infotainment systems, defending access to information about what drivers do in their cars. Auto companies hope that …

Howden & Insurisx Launch Technology Platform to Help Prevent Cyber Attacks

Howden, the London-based international broking arm of Hyperion Insurance Group, and cyber insurance technology specialists Insurisx Inc. have launched a technology-based platform, designed to help clients of all sizes improve security and resilience from potential cyber attacks. The companies said …

UK Insurance Software Provider Innovation Group Wins Major Contract

British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will see Innovation’s products used …

UK Regulator Approves Xchanging’s Acquisition of Agencyport Europe

Business technology and services provider Xchanging plc announced that the UK’s Competition and Markets Authority (CMA) has delivered its formal decision to clear the completed acquisition of Agencyport Europe. Xchanging said the acquisition would “broaden and strengthen its existing insurance …