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Milliman acquires healthIO with big plans for preventative healthcare
IT & claims management analysis
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.   12 June 2020
Managing the risk of rogue employees
Executive Appointments
Research reports by security firm AlgoSec, the SANS Institute and Kroll all confirm that the greatest threat to your company and network comes not from hackers on the outside trying to get in, but from employees either intentionally or unintentionally causing damage from within. IATA’s Dexter Morse discusses how companies can better protect themselves.   12 June 2020
Artex unveils rent-a-captive for the transportation industry
Actuarial & underwriting
Artex has unveiled a new alternative risk programme for the transportation industry.   11 June 2020
article
Strategic Risk Solutions has hired Luis Delgado as vice president for Latin America.   11 June 2020
Actuarial & underwriting
Willis Towers Watson has launched Homestead Insurance Company, a group captive business designed for upper middle market companies.   11 June 2020
Executive Appointments
It has been a turbulent start to 2020, with the world battling one of the most significant pandemics seen in a century and financial markets in turmoil. People have rarely faced so much uncertainty, risk and insecurity, but companies with employee benefits captives have one thing less to worry about, says Willis Towers Watson’s Paul McNiff.   10 June 2020
article
Specialist insurer Beazley has reported a 25 percent spike in ransomware attacks in Q1 2020 versus Q4 2019, based on incidents reported to its in-house breach response team, Beazley Breach Response Services (BBRS).   10 June 2020
Actuarial & underwriting
Aon has expanded the scope of CyQu Enterprise, its cyber risk assessment methodology, to account for the increased time people are working remotely due to COVID-19.   10 June 2020
Executive Appointments
Captive owners are increasing their use of analytics, and spending more time understanding their data, as they look for ways to mitigate and minimise factors that contribute to losses in the workplace, according to Gordon Padera, executive vice president at Gallagher Bassett Services.   9 June 2020
Actuarial & underwriting
The availability of cheap insurance from commercial providers has prevented airlines from leaning too heavily on their captives. However, rates have been increasing, and with the outlook for the global economy looking grim, airlines are looking for creative ways to cut costs and improve risk management. Captives can help them with that, as Captive International reports.   9 June 2020

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