Technology, Internet News

Xchanging Wins 3-Year Services Deal Supporting Lloyd’s Asia Platform

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 …

Hyperion Appoints BP CIO, Grobler, as Group Chief Information Officer

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 …

Arthur J. Gallagher Creates Technical Advisory Board; Appoints Jack as Head

Arthur J. Gallagher — the international division of Arthur J. Gallagher & Co. – has appointed David Jack to lead its newly created Technical Advisory Board. The board will oversee a review of the business’ existing systems to identify ways …

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 …

Beazley, Aspen and Brit Launch ‘International Cyber Consortium’ at Lloyd’s

Beazley has joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium. The consortium will focus on providing robust data breach cover to businesses domiciled outside the United States with revenues in …

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 Appoints Hodges as Head of IT Systems

Bruce M. Hodges will join the Generali Group as group head of Information Systems, effective October 1, 2015, the Trieste, Italy-based company announced. Hodges will be responsible for Generali’s global IT systems and application landscape, with a focus on modernizing …

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 …