A.M. BestTV: Aspen’s Brew: Compliance Is Not the Same as Security
“One of the challenges that we are facing is how cyber risk interacts with property damage,” said Brew. “We are seeing an increasing demand among our clients. The concern is how cyber risk, whether through malicious (acts) or errors, could drive possible property damage in certain critical infrastructure areas.”
Brew further explained that he is, “working very closely with both our cyber team and some of the other groups within
Brew also believes that the biggest challenge to increasing the sales of cyber is education. He sees the need to educate insurance carriers, reinsurers, brokers and clients to the changing nature of risk.
Recent episodes of A.M.BestTV include:
- Minding the Gap in Cyber Coverage: In a recent
A.M. Best webinar, insurers and technologists examine how cyber policies are struggling to keep up with fast-developing cyber risks, as well as identifying and addressing gaps in coverage: http://www.ambest.com/v.asp?v=cyber716. - Driverless Cars Set to Remake Automobile Coverage:
McKinsey & Co. predicts driverless cars will hit the road in 2020, but a new survey from Munich Re reports that many insurers are unprepared for the changes that autonomous vehicles will bring to the auto insurance sector: http://www.ambest.com/v.asp?v=autonomous716. - Takaful Market Secures Foothold in
Malaysia :A.M. Best Senior Financial AnalystSalman Siddiqui explains how regulation has helped to boost growth inMalaysia's takaful industry: http://www.ambest.com/v.asp?v=takaful716. - Securitizing Life-Related Traditional Premium Finance Loans: A.M. Best’s
Yuhmei Chen , senior financial analyst, andElmo Chin , assistant vice president, share their perspective on the securitization of pools of collateralized loans used to finance the premiums of life insurance policies: http://www.ambest.com/v.asp?v=securitization716.
A.M.BestTV covers exclusive
Copyright © 2016 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160725006147/en/
Group Vice President, Publication and News Services
[email protected]
Source:
ICAT Partners with Neon to Provide Additional Catastrophe Capacity
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News