The COVID-19 global health crisis has reshaped risk management in the insurance industry. Insurers are facing uncertainty in product lines due to the pandemic's far-reaching impact. The crisis has also escalated cyber risks, stretching business continuity plans, and causing financial...
The insurance industry's digital transformation has brought about numerous benefits but also poses significant cybersecurity threats due to the sensitive and valuable data insurance firms handle. The industry is countering this through stringent cybersecurity measures while also providing cyber insurance...
Cyber insurance is rapidly emerging as a crucial tool for businesses and individuals in safeguarding their digital assets. The global cost of cybercrime is expected to reach over $6 trillion annually by 2021, prompting the insurance industry to offer tailored...
In an age where data breaches are becoming increasingly common, cybersecurity insurance is becoming more crucial than ever. This article delves into the evolution of the cyber insurance market, its importance in the current business environment, and the challenges and...
This article focuses on the insurance implications and opportunities tied to the rise of the shared economy. We discuss the unique challenges and risks posed by the shared economy, the role of insurers, potential coverage solutions, and the importance of...