Cyber
Analysis: Balancing risk and opportunity in the metaverse
Insurance Age spoke to industry experts to find out how the metaverse is changing the risk landscape and what opportunities it offers brokers and insurers alike.
Biba calls for IPT relief in 2022
The trade association has asked government to reduce IPT to 10% in areas such as property, telematics, and cyber as it also pleads for a simplification of insurance tax in the travel sector.
CFC Underwriting tops the Insurance Age broker cyber poll
Specialist company CFC Underwriting has won out, with Travelers and NMU also in close contention, as the UK’s leading eight cyber insurers are revealed based on broker opinion
Opinion: New year, right cover
Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed.
Review of the year: Gallagher's Gary Fletcher
Gary Fletcher, managing director of the South, UK Retail, tells Insurance Age about how brokers have continued to support businesses across the UK in 2021.
Share your views on cyber insurance
The Broker Satisfaction Survey puts the microscope on the growing cyber insurance market.
How can brokers help financial institutions protect against insolvency and regulatory failures?
In depth: Rachel Gordon explores how specialist cover can protect financial institutions as the risks are exacerbated by the pandemic.
CFC develops ransomware cost calculator
The tool can help businesses to understand the financial risk of a cyber attack.
Blog: Why brokers need to think about intellectual property insurance
CFC's Maddi Brown discusses the need for SMEs to protect themselves amid a rise in the number of disputes as larger companies allege IP infringements in the hope that their smaller target won’t have the resource with which to defend itself.
IPT untouched in latest Budget
While the tax cut on flights ahead of COP26 grabbed headlines, brokers breathed a sigh of relief as hated insurance premium tax remained at 12%.
CFC adds EQT to investor panel
Vitruvian, which has backed the cyber specialist since 2017, also remains on board as a financial backer.
Gallagher faces legal action over response to ransomware attack
Broker faces class action in the United States following a cyber breach in September 2020 which also saw personal data of individuals in the UK being accessed.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
DNA Insurance confirms cyber incident
A number of phishing emails were sent from a staff member's account, and Ian Jacob, group chief risk officer of parent firm Aston Lark, says the breach was detected within minutes and no other accounts across the group were compromised.
Research reveals cybersecurity skill gap in insurance
New research from European provider of cloud infrastructure and cloud services, Ionos Cloud, has found that 38% of insurance IT decision makers (IT DMs) admit to their business having a cyber security skills gap, with a third saying this is putting their…
Beazley launches cyber policy for luxury yachts
According to the provider, the cover is designed to protect against physical damage, loss of access, threat and ransom of the vessel and offers a 24-hour claims hotline for its policy holders.
CFC promotes Graeme Newman to CEO
Founder Dave Walsh takes on group CEO role to focus on CFC's global operations.
Video: Making sense of cyber
Aviva's Carolann Burrows outlines the risks arising in the cyber space and explains how insurers and brokers can help their clients.
Acturis adds CFC to panel with cyber product launch
CFC's Cyber Now product has been made available to brokers on the Acturis platform.
Biba 2021: The impact of Covid-19 on regulation
The FCA’s Matt Brewis discusses product value, business interruption insurance and the test case, challenges around PI and why the time is right to focus on cyber insurance.
Biba 2021: Unintended consequences from silent cyber 'knee jerk' reaction
The clampdown on silent cyber exposure has had unintended consequences for customers with some alterations too “broad brush”, according to Axa UK managing director, underwriting and technical services David Williams.
In-depth - cyber: Protecting customers
Aviva’s Pete Holmes on how brokers can protect themselves and their clients from cyber attack
Risk insights webinar: Tackling tomorrow’s risks today
The Aviva team highlights key findings from its Risk Insights report and outlines the danger points, from Covid to mental health problems
In-depth - cyber: Head in the sand
Many businesses are not doing enough to protect themselves from the risks posed by cyber crime. David Worsfold investigates how brokers can help clients armour themselves against emerging threats