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
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Pomagam realizować cele optymalizując strategie zarządzania ryzykiem związanym z lokalną i zagraniczną ekspansją firmy
Nowadays, IT and AI technologies are becoming increasingly risky for both private life and business. Perhaps we should consider this factor before...? Protecting our identity is still a real issue, but business already has a good solution in the form of insurance coverage (just contact us).
We are excited to announce the launch of FI Protect 360. FI Protect 360 is a fully integrated, financial lines #Insurance policy which Aon has developed to more closely reflect the technology-driven risks faced by 21st century financial institutions. FI Protect 360 seamlessly brings together cover for: ● Professional indemnity risks ● Technology risks ● Cyber risks ● Crime risks ● Risks faced by directors and officers To find out more about how FI Protect 360 can benefit your financial institution, please get in touch: https://lnkd.in/ewq4Mydu
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EXCLUSIVE: CyberAcuView close to unveiling new loss index which could unleash secondary cyber market The prospect of an authoritative index for cyber loss events, which can be relied upon by both reinsurers and capital markets investors to potentially trade cyber risk and attract more risk capital, is edging closer to reality, The Insurer can reveal. Learn more👇 https://lnkd.in/e-jC-HXi #insurance #reinsurance #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews
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Please join me and this great panel of former colleagues and friends in Chicago at the Intelligent Insurer Underwriting Innovation Conference, next Tuesday November 14th, where we will deep dive into topics like: closing the protection gap for cyber and digital assets; how to protect data assets; parametric solutions; and how carriers can use data collection and transformation to better their operations. #cyberinsurance #insuranceinnovation Bob Parisi Vernon Suckerman Ori Cohen Matt McCabe Christopher Frankland 🌎 Intelligent Insurer
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Last week, the PRA published its latest "Dear CEO" letter to the insurance market, setting out regulatory priorities for 2024. The main focus areas for general insurers are model drift, cyber underwriting, resolution plans, liquidity risk, inflation and operational resilience. The note below sums up the key highlights and our recommendations for focus areas in 2024. #insurancenews #riskmanagement #regulatoryupdates
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Great to discuss latest Undercurrents article on the growth constraints and growth potential of the cyber market with The Insurer TV. Many thanks to Paul Bantick at Beazley, Michael Phillips at CFC, Mario P Vitale at Resilience, and to the multi-talented Gallagher Re cyber team for their insights and perspectives. https://lnkd.in/dK5UeQre
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Q3 2023 sees a consistent 3% rise in commercial insurance prices worldwide. Explore the trends: property soars in the US, cyber dips, and more! https://hubs.la/Q027qDgY0 #InsuranceMarketTrends #GlobalInsuranceIndex #Q3Insights #CommercialInsurance #FinancialUpdates
Insurance prices continue to flatten amid 24 straight quarters of rate hikes
insurancebusinessmag.com
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Fascinating insight into one of our supporting partners in this discussion between Mark Geoghegan and CEO Andrew Holmes - great to hear CFC speak about the value that our work can bring to the cyber insurance market #cyber #insurance #cyberevent #cybersecurity #cybermonitoring https://lnkd.in/eDu7pB_2
Voice of Insurance Podcast. I CANNOT CONNECT as my connections have hit the maximum allowed. PLEASE FOLLOW & I WILL FOLLOW BACK. You can MESSAGE me on the Voice of Insurance page or email [email protected].
NEW EPISODE: THAT'S WHY IT IS CALLED A COMBINED RATIO High expense ratio = bad, right? Not necessarily. What if that extra expense is going on high-touch threat monitoring and loss prevention services? The result is a far lower loss ratio, a lower combined ratio, and a much happier customer. Great insight into CFC's underwriting philosophy from CEO Andrew Holmes LISTEN HERE: https://lnkd.in/ggQwVyu3 Lots more here on AI, Carbon delivery insurance feeling like the new Cyber, CFC's culture and first MGA M&A, the Cyber Monitoring Centre and Cyber accumulations, to name but a few. #insurance #insurancepodcast #reinsurance
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Make sure to RSVP for tomorrow’s free webinar where terrorism and cyber insurance experts will discuss challenges in the current market and potential areas for research and improvement in modeling and underwriting. https://bit.ly/3VSc3S0
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Mark your calendars for Intelligent Insurer #CommercialLines Innovation Europe 2023 panel discussion on October 4 moderated by Cowbell's Matthew Jones about Enhancing #CyberRisk Understanding for Better Risk Assessment
Driving Engagement Across Insurance & IP—Social Media Strategist Fueling Brand Success
🚨 Hold on to your seats, #commercialline and #insurance professionals! 📣 We have breaking news! 📰 Piers Tuggey, Head of Cyber at Chaucer Group, Laure Zicry, Head of FINEX Cyber, Western Europe at WTW and Charles Perry, Head of Cyber at W/R/B Underwriting (a Berkley Company) are confirmed to have a panel discussion on Enhancing Cyber Risk Understanding For Better Risk Assessment! 🤝 Matthew Jones, Chief Strategy Officer at Cowbell Cyber will be moderating this discussion. This exciting discussion will take place at Commercial Lines Innovation 2023 on 4 October. 🔍 Passes are limited, so don't wait! Secure your spot now at https://bit.ly/47fOaIS. 🎟️#comlineseu
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“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
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