Collaborating to build Bespoke Cyber Insurance Products: Allianz, USI & Lockton

Collaborating_to_build
Cyber-crime is not new, but as the methods of nefarious actors have become more sophisticated, the defensive capabilities of organizations have failed to keep pace. Cyber-attacks on organizations show no signs of abating, they are becoming increasingly indiscriminate in their targeting, with small and medium sized firms now as vulnerable as their larger counterparts. A recent report by Hiscox brings the scale of the problem into sharp relief as according to the study, cyber-attacks against organizations have surged from 38% to 53% in the last 12 months. Despite this surge, however, recent figures show that 68% of North American businesses have yet to purchase any form of cyber insurance.
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OTHER ON-DEMAND WEBINARS

A Conversation with Mick Moloney

on24.com

In this webinar, Insurance Thought Leadership Editor-in-Chief Paul Carroll interviews Mick Moloney, Global Head of Insurance and Asset Management at Oliver Wyman, on the central role the insurance industry can play in improving resiliency as the world recovers from the pandemic and the related economic disruptions.
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Improving Personal Auto Performance: 6 Strategies to Drive Efficiencies

How can personal auto insurance leaders focus on data strategies to digitally transform? This webinar explores strategies to help insurers work smarter to improve rating integrity, reduce underwriting expenses, and advance digital and customer experience.
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Human-centered customer experience: Reinventing insurance

Deloitte

With customers increasingly expecting digital interaction opportunities, insurers are placing emphasis on their digital strategies throughout the customer lifecycle and across all channels. How are leading insurance companies reinventing themselves with the human experience at the center? We'll discuss: Developing a digital business strategy and building a digital organization around it, both centered on human experience.Targeting new customers by providing intuitive, transparent, and seamless digital experiences.
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Double Trouble: Social Inflation and Third-Party Litigation Funding – Trends, Impacts, and Watch-list Items

Insurers are facing increased litigation challenges from the growing phenomenon of social inflation. From changing judicial and jury attitudes to plaintiff reptilian trial tactics and nuclear verdicts, insurers are at risk for significantly higher claims costs, settlement amounts, and jury verdicts. From another angle, third-party litigation funding (TPLF) continues to grow and complicate claims handling.
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