Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
’Tech companies hold vast amounts of data that they have to protect. This is the most exposed industry across the size spectrum,’ says head of tech, media and intellectual property
SMEs must be a particular focus, says head of UK cyber retail, because ‘this segment has been historically underserved by the cyber insurance market’
’It’s important to acknowledge that a significant number of businesses do not have insurance protection against a cyber attack,’ says chief executive
Conference reveals yawning expectation and service gap between risk managers and insurers, with feedback that risk professionals are struggling to get insurer commitment to cover emerging risks
The product is ’another proactive, seamless, data-driven solution that safeguards businesses’, says head
’Our goal is to become a leading global distributor of covers,’ says chief executive
’Business leaders will need to continue to invest in attracting the right expertise to manage emerging technology risks if they are to not just survive but thrive in a world of expanding technologies with their reputations intact,’ says chief information and security officer
This ’gives us another way to support our policyholders and brokers when their financial livelihoods are on the line’, says managing director
Scott Davies, a senior cyber underwriter at MGA Dual UK with 22 years of industry experience, shares his insight on how businesses can enhance their cyber preparedness to mitigate ever-evolving digital risks
’This collaboration will streamline the process of capturing cyber risks,’ says chief executive
’As the industry faces an expanding array of cyber threats, it’s crucial for insurers to adopt a holistic approach to risk management,’ says director
Acting quickly could be said to be insurers’ kryptonite – however, the supply and demand see-saw for cyber cover means insurers may need to embrace this discomfort
’Cyber Resilience Centres provide access to high quality – and generally free – advice and guidance,’ says head of cyber
Data outsourcing is becoming a larger target for cyber attacks as companies look at ways to cut internal costs
With cyber attacks on the public sector increasing in scale and volume, should an active model to cyber insurance be adopted?
’Cyber remains a top concern amongst our clients and that’s why we’re expanding our UK cyber team,’ says head
Cyber ’losses stemming from non-malicious causes’ are ’underserviced in the current market’, says head of London markets
’Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology,’ says new report
’The threat of cyber attacks poses a significant risk to both societal and economic stability,’ says group chief executive
In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.
This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.