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DARAG appoints Elliott Goss as group head of claims
DARAG Group, the legacy acquirer, has appointed Elliott Goss as group head of claims.
Get ready for a surge in healthcare and MSL claims in Q4, warns MSL’s Phillip Giles
Captives offering self funded healthcare plans and medical stop loss (MSL) coverage should brace themselves for a significant increase in claims during the last quarter of this year, according to Phillip Giles, managing director at MSL Captive Solutions.
Cyber attacks becoming less frequent but more costly: Hiscox
The number of US businesses that experienced an attack fell this year, according to the annual Hiscox Cyber Readiness Report 2020. However, it was not all good news, with the cost of each individual attack rising considerably year on year.
Milliman acquires healthIO with big plans for preventative healthcare
Milliman, the global consulting and actuarial firm, has acquired health technology startup healthIO, and launched Milliman healthIO, combining its predictive health analytics with healthIO's preventive health technology.
Nasdaq Risk Modelling integrates JBA’s Global Flood Model
JBA Risk Management’s Global Flood Model (GFM) has been made available on the Nasdaq Risk Modelling service.
RiskGenius to enhance Guy Carpenter's silent cyber detection
Guy Carpenter has entered into a strategic relationship with RiskGenius to enhance its detection and qualitative analysis of silent cyber exposure across multiple lines of business.
Ransomware attacks up 131% in 2019: Beazley
Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by Beazley, a cyber insurer.
S&P warns Vitality Re transactions could be at risk from COVID-19
A significant increase in claims payments from Health Re, the captive of Aetna Life Insurance, related to COVID-19, could trigger losses for a number of Vitality Re ILS transactions, S&P Global Ratings has warned.
Coronavirus exposes gaps in commercial coverage; captives could offer solution
The spread of the coronavirus, first through Asia and now into Europe, the US and the rest of the world, has exposed gaps in many companies’ insurance coverage. With large Chinese cities and ports in lockdown and employees not reporting to work, supply chains have already been severely disrupted.
Cyber market being held back by deployment challenges: Radiant Insights
While companies are aware of cyber insurance, uptake it being held back by a number of deployment challenges, according to Radiant Insights.
