Risk

Companies need to work with insurance providers to develop an approach to cyber risk management that is affordable and effective.

A survey by Travelers explored what areas concern industry CFOs and what gives them the most optimism for the future.

Banks are concerned about the lack of clarity regarding legal liability in the Consumer Financial Protection Bureau's open banking rule, and fear that they will end up on the hook for data breaches or unauthorized transactions caused by a fintech or data provider.

Switching to rooftop geocoding is a smart move for insurers, especially when paired with persistent unique identifiers.

Bloomberg Green found in an exclusive analysis that risk models often disagree with each other on fundamental assessments of vulnerability.

Client discussions about legacy planning, taxes and financial objectives inevitably raise questions that, often enough, only insurance can address.

To mitigate risk and harness the promise of AI, a fundamental best practice is to evaluate and assess AI systems or tools before using them.

Casey Kempton, president of personal lines at Nationwide, addressing the Insurtech Insights conference, said carriers should work to educate policyholders about what to expect from weather claims.

Agents and brokers will have a new toolbox in their arsenal to help them identify which properties they should or should not include in their coverage portfolios.

Construction projects are full of risks and the use of Internet of Things technology can identify problems before they become costly delays.

Artificial intelligence helps insurance brokers expand solutions for small business owners.

Boateng will lead the organization's cyber risk management strategies.

Complexity within the insurance industry is exacerbated by climate change.

Peter Diamandis opened this year's RISKWORLD event with a keynote address that identified four mega-trends impacting insurance over the next six years.

Climate-related disasters rank as just one of the leading factors.

With the retreat from globalization, insurers will have to adapt but it won't be easy.

Travelers' latest distracted driving risk index shows a continued increase, but tech providers and developers are using the biggest source of the problem to help fight it.

By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.

Insurers embedding coverage in other venues are finding the practice adds risks, and agents point to their value for interpreting coverage to policy buyers.

There is a disconnect between today's insurance frameworks and the financing needed to invest in adaptation and mitigation measures.