Security risk

Insurers must catch up with other sectors in responding to cyber threats, says a panel of Deloitte experts.

Aon Risk Solutions also appoints new leadership in its Financial Services Group; Brian Wanat will serve as CEO for the U.S. Financial Services Group.

Insurers lack data, tools to price new policies with confidence, according to Novarica report.

Ride-share companies would have to provide at least $200,000 of insurance when a driver is on duty and $1 million of coverage when the driver has picked up a customer.

Ratabase enables rating programs and product segmentation to be deployed quickly, CGI says.

Kevin Counihan, the head of Connecticut’s state-run exchange will join the Centers for Medicare and Medicaid Services as CEO of the Marketplace.

The state lobbed the case against Oracle and five executives including President and Chief Financial Officer Safra Catz two weeks after the company sued Oregon over $23 million in unpaid bills

The updated model reflects a reduction in large-scale event attack frequency for cities in Canada, Denmark, Ireland, Italy and the United Kingdom.

The Hot Wheels: America’s 10 Most Stolen Vehicles report reveals a 50-50 split between domestic and imported cars.

As more consumer and household goods are equipped with connected sensors, opportunities for risk mitigation and pricing are on the rise.

Today's technologically advanced homes are altering how insurers use real-time telemetric data for the assessment of risk and prevention of loss.

MEM also worked with Risk Control Technologies to integrate Guidewire PolicyCenter and ClaimCenter data into the loss prevention system.

The latest version of the firm’s risk and capital management decision-making application is designed to enable insurers to better understand the drivers of risk, assess options and deploy capital efficiently.

AIG, Amica, Legal & General and 8 other insurers among the finalists for the awards honoring best practices in insurance industry IT initiatives and strategy.

A recent survey identifies insurers' highest-priority investment areas over the next two years.

Cheap connected sensors soon could disrupt insurance product creation, distribution, services, pricing, data and analytics and business metrics, according to SMA.

CEO Steven Kandarian, who last month announced the insurer’s first stock buyback since 2008, says it’s hard to commit to additional repurchases as he awaits clarity on U.S. capital oversight.

Insurer looks to ComplianceCourier to help centralize and automate the access control process.

The bottom line is that no one policy will cover all the exposures in the social media realm.

The Financial Conduct Authority is demanding higher standards of consumer protection from insurers, which could lead to greater customer engagement and understanding.