A.M.BestTV at RIMS: Insurers Focus on Data Breaches and Emerging Risks

OLDWICK, N.J.--(BUSINESS WIRE)-- In this special^A.M.BestTV wrap-up report from day three of the annual Risk & Insurance Management Society Inc.’s (RIMS) conference in New Orleans, LA, attendees examine the increasingly more complex risks of data and privacy breaches, as well as the new forms of coverage that is aimed at risks of sharing-based and other emerging business models.

Click on http://www.ambest.com/v.asp?v=rims29415 to view the video program. New daily wrap-up reports and interviews from New Orleans will be posted throughout the event at http://www.ambest.com/rims2015.

Michael Tanenbaum, senior vice president at ACE Professional Risk, spoke about the new data risks that exist, especially in the medical field. “In general, if you examine what information is available, particularly in medical records, medical identity theft can easily occur, and this kind of theft is much more difficult to detect than credit card fraud,” said Tanenbaum.

In addition, Kevin Kelley, chief executive officer at Ironshore, spoke about the condition in Baltimore, MD, which he said was disturbing. “The riots in Baltimore are very troubling on many levels. The direct impact these riots will have, will be on liability exposures for public entities, and since the risks and exposures for police are already very challenging, the situation in Baltimore will only add to that complexity and challenge.”

Other people who appear in this episode include:

• Randy Nornes, executive vice president at Aon Risk Solutions;
• John Mulvhill, president and chief executive officer at HSB BI&I; and
• John Nelson, chairman at Lloyd’s.

Full-length interviews from the event also are available for viewing:

• Daniel Riordan, chief executive officer, Zurich Global Corporate, North America: http://www.ambest.com/v.asp?v=riordan415.
• Dominic Casserley, chief executive officer, Willis Group Holdings plc: http://www.ambest.com/v.asp?v=casserley415.
• John Watkins, senior vice president, commercial insurance claims, Liberty Mutual Insurance Company: http://www.ambest.com/v.asp?v=watkins415.
• Mario Vitale, chief executive officer, Aspen Insurance: http://www.ambest.com/v.asp?v=vitale415.
• Jessica Smythe, assistant vice president, customer relations management, ISO Claims Partners (Verisk): http://www.ambest.com/v.asp?v=smythe415.
• Shelby Weldon</person>, director of licensing and authorization, Bermuda Licensing Authority: http://www.ambest.com/v.asp?v=weldon415.
• Erin Calvey, executive vice president, Ironshore Insurance: http://www.ambest.com/v.asp?v=calvey415.
• Christopher Johnson, executive vice president, FM Global: http://www.ambest.com/v.asp?v=johnson415.
• Caroline Clouser, executive vice president, ACE Medical Risk Group: http://www.ambest.com/v.asp?v=clouser415.
• Thomas Fitzgerald, chief executive officer, U.S. retail operations, Aon Risk Solutions: http://www.ambest.com/v.asp?v=fitzgerald415
• Kevin Kalinich, global practice leader, Aon Risk Solutions: http://www.ambest.com/v.asp?v=kalinich415.
• Rick Miller, property practice leader, U.S. Aon Risk Solutions: http://www.ambest.com/v.asp?v=rmiller415.
• Charles Dangelo, president and chief executive officer at Starr Indemnity & Liability Company: http://www.ambest.com/v.asp?v=dangelo415.
• Jack Kuhn, chief executive officer, global insurance, Endurance: http://www.ambest.com/v.asp?v=kuhn415.
• Carolyn Snow, past president at RIMS: http://www.ambest.com/v.asp?v=snow415.
• Jamie Miller, managing director and head of property at Swiss Re Corporate Solutions Ltd: http://www.ambest.com/v.asp?v=miller415.
• Thomas Reagan, cyber risk practice leader at Marsh: http://www.ambest.com/v.asp?v=reagan415.
• Theresa Bourdon, global practice leader, actuarial & analytics at Aon Corporation: http://www.ambest.com/v.asp?v=bourdon415.

Those interested in receiving conference coverage via email can sign up at www.ambest.com/review/GetAMBestTV. Auto-notification of the latest insurance news available on ^A.M.BestTVwill continue every Monday, Wednesday and Friday.

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Copyright © 2015 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.

A.M. Best Company

Lee McDonald, (908) 439-2200, ext. 5561

Group Vice President, Publication and News Services

[email protected]

Source: A.M. Best Company