Small and medium-sized enterprises (SMEs) will increasingly look to cancel their cyber insurance policies this year due to expensive premiums and the cost-of-living crisis.
Most business leaders are no more confident in their ability to manage cyber risks than they were two years ago, despite unrelenting workplace disruption, digital transformation and ransomware attacks.
Ben Hoster considers the implications of electric autonomous vehicles for motor insurance, and the role insurers will play in popularising this new mode of transport
There is a “disproportionately high” mismatch between cyber risk awareness and implementation of protection measures given the increasing frequency and severity of attacks, Munich Re has said.
Rising competition for land, sea and space is set to drive new geopolitical tensions over the coming years, according to a report from insurance broker Marsh.
Nearly half of UK pension schemes still do not have insurance against cyber attacks, and a similar proportion are lacking the specialist skills needed to deal with the threat.
UK home insurers have been warned of imminent competition from big technology companies after a recent poll found that more than a quarter of consumers would purchase a policy from Google.
Directors and officers see cyber attacks and data loss as their top risks following the pandemic and rising geopolitical tensions, an annual poll by WTW and Clyde & Co has found.
Global investment in regulatory technology – or RegTech – is set for a three-fold increase over the next four years, according to forecasts by Juniper Research.
