Cowbell’s Post

Beyond 'bread-and-butter', explore how captives are breaking their own mould in our exciting new whitepaper, 𝗧𝗵𝗲 𝗥𝗶𝘀𝗸-𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗖𝗮𝗽𝘁𝗶𝘃𝗲, developed in association with Airmic (Association for Insurance & Risk). The whitepaper explores the evolution of the risk-intelligent captive, featuring case studies on cyber, geopolitical, and UK storm surge risk. It highlights how captive owners can open up their risk retention vehicles to more complex risks, what steps they can take to mitigate some of the more extreme risk scenarios, and the innovative solutions and partnerships that they can achieve. You won't want to miss these incredible insights from Paul Eaton, julia graham, Richard Cutcher, Johnty Mongan, Jake Hernandez, and Iain Willis. Download your copy of The Risk Intelligent Captive here: https://okt.to/khmp1a #CaptiveInsurance #InsuringTheFuture #CyberRisk #GeopoliticalRisk #UKStormSurgeRisk #AlternativeRiskSolutions

“Each government is going to take a different policy on its priorities and how it chooses to engage…” – Anthony Shapella, Deputy Chief Underwriting Officer   The team at Insurance Insider and S&P Global Market Intelligence hosted a Geopolitical Risk webinar, which looked at the uncertainty and instability this elevated risk poses to the insurance market. SiriusPoint’s Anthony Shapella shared his thoughts on affected business lines, the link between geopolitics and cyber threats, the importance of named perils, and more. See the replay here: https://lnkd.in/escm9_9C #geopoliticalrisks #insurance #reinsurance

Happy Friday. Here’s Bruce Carnegie-Brown, the Chairman of Lloyd's, opening up the event on Wednesday. Interestingly, Cyber is not only the fastest growing sector at Lloyds, but they’ve been pricing it since 1999 when under their own admition, they knew little about! But by pricing risk you know little about, you exchange data with customers. And everyone knows - data is king! This mirrors our own Pricing Decision Intelligence platform which automatically captures every decision in the workflow to drive the tight feedback loops that give you the edge others can’t find. hyperexponential #insurance #technology

We are back in London today 🇬🇧. This time Censys is presenting at the Cyber Risk and Insurance event organized by Intelligent Insurer. Celestine Jahren will take the stage at 3:15pm GMT to talk about 'Navigating the shifting cyber landscape: trends, threats, and lessons from global insurers'. In her presentation she will touch on the use cases at At-Bay 🇺🇸 and 🇨🇭 Swiss Life #cyberinsurance #threatintelligence #exposuremanagement You can find the links to the two case studies in the comments. 🔗

Markel’s Castriotta: Cyber war incidents causing physical events top concern for industry Cyber war incidents amounting to a physical event are among the key risks the industry is “very concerned” about, alongside “collateral damage and the potential uninsurability” of war related to cyber, Markel’s Kelly Castriotta, Esq. told The Insurer TV. During a recent interview at Markel’s headquarters in Richmond, Virginia, the global executive underwriting officer for cyber said the industry has had to learn some difficult lessons from what has been unfolding since Russia’s war on Ukraine began in February 2022. Watch the full interview here: https://lnkd.in/e2XdcNFG #cyberinsurance #insurance #reinsurance #cyberrisk

Building on the success of the market’s first cyber catastrophe bond programme in 2023, we expect to continue scaling our presence in the cyber insurance linked securities market, encouraging others to do the same. #beazley #cyberrisks #cybercatbond

If you couldn't attend NetDiligence®'s #CyberRiskSummit in person in Beverly Hills, we've got good news. You can now watch this panel with Austin Aten, ACAS, Actuary Lead, on demand. You'll learn how to align cyber underwriting, exposure management, and claims data for enhanced decision-making. 🖥️ 📊 https://bit.ly/3Ms1Wzl #cyberinsurance #cyberrisk

Should be an interesting discussion tomorrow at Lloyd's Old Library around Cyber BI and it's evolution.

Munich Re's Stefan Golling speaks on the importance of transparency and industry standardisation to create sustainable growth in the cyber insurance market. Golling was speaking at the Monte Carlo RVS 2023 — the (re)insurance industry's largest gathering — where cyber was one of the key talking points, alongside the cost of capital, hardening rates, the protection gap, climate change, and AI. Blake Evans-Pritchard was present and provided a reflection of key themes that were discussed at the gathering: https://lnkd.in/gu8bpFcN (Accessible via free trial) #insurance #insurancenews #apacinsurance #asiainsurance  #cyber #cyberinsurance #naturalcatastrophes #natcat

Mohsen Rahnama, Ph.D., Shree Khare, and David Gatey took to the keynote stage at #Exceedance 2024 in Montreal this morning to present 'Navigating the Uncharted: The New Insurance Risk Landscape.' Making sense of the shifting risk dynamics, and challenging risk perspectives, Mohsen and the team looked at the underlying changes in risk, and how our #modeling is evolving to deliver the best insights to our clients, from #hurricanes, severe convective #storms, #wildfire, to emerging risks such as #cyber. Get insights on the top 10 risks transforming the insurance industry with the latest blog from Robert Muir-Wood here: https://lnkd.in/eh7w2DJF #EXCD24 #insuranceindustry #riskmodeling #catastropherisk