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Article 01/03/2021
Despite the challenges that all global businesses have experienced in the last year, the drive to automation is continuing and in some instances - possibly as a result of the re-evaluation of business models promoted by the pandemic - is increasing in pace. The UK Government intends to take one of the leadings roles in this development, specifically within the maritime sector.
Article 01/03/2021
Since the pandemic, digital infrastructures developed during the pandemic by governments and corporations have continued to grow for long-term use generally. We are therefore witnessing a dramatic global acceleration in technological developments and long-distance work, while at the same time trying to maintain a sustainable business and economic routine.
Article 26/02/2021
On February 18, 2021, the Bermuda Monetary Authority (BMA) released its annual Bermuda Cyber Underwriting Report. For those unfamiliar with the Report, the publication outlines statistics, findings and general recommendations regarding cyber underwriting and, “to a lesser extent,” operational cyber resiliency. Its findings and suggestions were similar to the Cyber Insurance Framework guidance recently published by the New York Department of Financial Services.
Article 23/02/2021
The UK officially left the EU in January 2020 with the implementation period, or transition stage, concluding on 31 December 2020 and the new UK/EU a trade deal finally agreed on 24 December 2020. However, large technology companies such as Facebook and Google did not leave their preparations until the last minute.
Article 18/02/2021
On February 4, 2021, the New York Department of Financial Services (NY DFS) issued its Cyber Insurance Risk Framework (the Framework) to provide insurance carriers what it deemed an outline of “best practices for managing cyber insurance risk.”
News 18/02/2021
News 11/02/2021
The fourth edition of our most popular guide for claims handlers has launched, helping empower insurers, third party administrators, corporates and their claims teams to become less reliant on their lawyers
Article 10/02/2021
The year 2020 witnessed significant developments in U.S. data privacy law, not the least of which were the effective and enforceability dates of the California Consumer Privacy Act (CCPA), the enforceability of data security requirements under the New York Stop Hacks and Improve Electronic Data Security Act (SHIELD Act), and passage of the California Consumer Privacy Rights Act (CPRA). Less than two months have passed in 2021, and the year already suggests bigger changes to come as the privacy rights pendulum continues to swing.
Report 29/01/2021
On the surface, the London Market enters 2021 looking very different to its 2020 version. Underwriting rooms lay empty, offices unoccupied, pubs eerily quiet. But beyond the physical stillness, this world leading hub has not paused for breath. Digital systems and solutions have taken centre stage as the London Market has responded to a seismic shift in working patterns and insurance risks.
Podcast 28/01/2021
In this episode, our Cyber Sounds team of Tom Pelham, Ollie Dent and Elizabeth Bardsley chat to Colin Hardy, Head of Intrusions and Investigations at TalkTalk. They discuss how to stay ahead of the bad guys, the rise of nation state threats, and test Colin’s knowledge by playing ‘Ransomware or Racehorse’.
