Intellectual Property, Compliance

Demand Side of Cyber Insurance in the EU

February 9, 2023

Demand Side of Cyber Insurance in the EU
The main objective of this analysis is to understand and identify current requirements and challenges faced by operators of essential services (OESs) when contracting cyber insurance. Accordingly, the aim of the analysis is to provide recommendations to policymakers and OES on possible ways to face these challenges. The work is particularly focused on the analysis of OESs as acquirers of cyber insurance products and services.

Spotlight

The Mahoney Group

The Mahoney Group traces its roots to 1915 and an agency founded by John R. O'Donnell in the mining town of Ray, Arizona. Under the leadership of Don Mahoney and John E. O'Donnell (the son of the founder) in the 1950s and 1960s, the agency added real estate services and grew with offices then located in Casa Grande, Coolidge, Phoenix, Superior, and Tucson. Currently The Mahoney Group has grown to become the largest independent insurance agency in Arizona, employing over 200 individuals that are responsible for the growth and success of the organization. Our rapid growth has been facilitated by our numerous programs including Habitational, Tribal, Condominiums, Mini Storage and Homeowners Associations. The Mahoney Group recognizes our success comes from dedication, commitment and involvement in the communities that we serve.

OTHER WHITEPAPERS
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Automating insurance reconciliations: Challenges and opportunities for 2022

whitePaper | April 21, 2022

Progress in the areas of robotics, Artificial Intelligence (AI) and Machine Learning (ML) continues to define a new era of automation in finance. In the last decade, one such focus area for many financial organisations has been automating and modernising key back-office processes like reconciliations. Yet the insurance industry has lagged behind in this regard, relying on outdated reconciliation procedures far longer than any other financial sector. The result is that many firms today struggle with critical issues like differing data formats, manual processes and IT dependencies.

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World insurance: inflation risks front and centre

whitePaper | June 29, 2022

The world economy is undergoing paradigm shifts that will have profound long-term policy implications. Global economic growth is set to slow sharply and inflation rates are at multi-decade highs. The latter result from a confluence of factors, including the high levels of fiscal stimulus pumped into the economy at the height of the COVID-19 crisis, disruptions to global supply chains and soaring energy and commodity prices due to the war in Ukraine. We believe several major economies face inflationary recessions in the coming 12–18 months.

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The Future of Insurtech Collaboration

whitePaper | January 24, 2023

In the wake of rapidly-evolving customer expectations, an ongoing industry-wide digital transformation, and the rise of insurtech firms, innovation and technology have become watchwords for today’s global insurance industry. The challenge facing large, established incumbents such as Zurich is how to innovate effectively and whether external collaboration could have a significant impact on driving innovation as opposed to trying to go it alone.

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Motor insurance fraud roundtable: Data and diligence, how can insurers combat any increase in criminal activity?

whitePaper | May 23, 2022

Insurance Post, in association with LexisNexis Risk Solutions, gathered experts together to discuss how issues such as ghost broking, the current limitations of benchmarking and fraud detection are pertinent to rooting out motor insurance fraud. This content provides a summary of the discussion.

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Unlocking the Power of Pay-as-you-go for Workers’ Comp

whitePaper | April 1, 2023

In a study conducted by KPMG, 96% of insurance CEOs reported the pandemic accelerated digitization initiatives. COVID-19 forced businesses of all shapes and sizes (along with consumers) to embrace digitization.

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Real-time analytics in insurance

whitePaper | August 31, 2022

Success in the insurance business depends on understanding, evaluating, and pricing risks. That’s hard enough in a predictable environment, but today’s insurance companies must now rapidly adapt to much more varied and unpredictable business situations than they could possibly have anticipated even a short time ago.

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Spotlight

The Mahoney Group

The Mahoney Group traces its roots to 1915 and an agency founded by John R. O'Donnell in the mining town of Ray, Arizona. Under the leadership of Don Mahoney and John E. O'Donnell (the son of the founder) in the 1950s and 1960s, the agency added real estate services and grew with offices then located in Casa Grande, Coolidge, Phoenix, Superior, and Tucson. Currently The Mahoney Group has grown to become the largest independent insurance agency in Arizona, employing over 200 individuals that are responsible for the growth and success of the organization. Our rapid growth has been facilitated by our numerous programs including Habitational, Tribal, Condominiums, Mini Storage and Homeowners Associations. The Mahoney Group recognizes our success comes from dedication, commitment and involvement in the communities that we serve.

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