Canadian Underwriter

Keyword
cyber


News BrokersMarkets / CoveragesTechnology

The thinking behind BFL’s ‘turnkey solution’ for cyber clients

June 25, 2018 by Greg Meckbach

Brokers looking to sell cyber insurance to commercial clients should be looking to partner with non-insurance firms specializing in security and risk assessment, one Quebec-based broker advises. “Brokers need to look at not just selling insurance but partnering, and how

Feature ClaimsClimate Change

Insuring the Intangibles

June 7, 2018 Adrian Hall, CEO; Corrinne Pollard, Head of Claims; and Sarah Kestle Head of Sales, Swiss Re Corporate Solutions Canada; and Xavier Tinguely, Senior Corporate Development Manager, Swiss Re Corporate Solutions, USA

A shift in the global economy has changed the risks facing Canadian businesses. Companies are now calling for insurance solutions that protect their intangible assets.

Feature Claims CanadaInsurance

Sharing the Road

June 6, 2018 Emily Atkins, Editor

Who will be in charge as autonomous vehicles and human-driven cars operate side by side on our highways?

News InsuranceMarkets / Coverages

Major Canadian retailer finds cyberattacks “more difficult to detect”

May 31, 2018 by Greg Meckbach

Cyber threats are becoming “more difficult to detect,” a major Canadian retailer suggested Tuesday. Indigo Books and Music Inc., whose holdings include the Chapters and Coles book chains, “may be required to expend significant additional resources” to protect against threats

News InsuranceMarkets / Coverages

The latest home insurance product for brokers to figure out

May 19, 2018 by Greg Meckbach

With equipment breakdown and other new coverages available from homeowners’ insurance carriers, brokers need to make sure their clients or prospective clients are aware of their options, a Regina-based broker warns. “There are so many new products” available in homeowner

News Legislation / RegulationTechnology

How fear of ‘jackbooted brownshirts’ complicates cyber risk management

May 11, 2018 by Greg Meckbach

Managing the risk posed by the “dark web” is made all the more difficult by some people’s mistrust of police, a former top Royal Canadian Mounted Police officer suggested Thursday. “Cyber crime requires a different approach than just the preventative

News InsuranceMarkets / CoveragesReinsuranceTechnology

New opportunities for commercial brokers in cyber

April 20, 2018 by Greg Meckbach

Brokers selling commercial insurance need to ask clients what they use their computers for and what happens if they lose access to that data, an executive with a Bermuda insurer says. Computer security (also known as cyber) risk, “will impact

News InsuranceTechnology

Who are the ‘right people’ to respond to cyber incidents?

April 19, 2018 by Greg Meckbach

Properly-trained employees are critical to managing cyber risk, especially with the nation-wide breach reporting law taking effect this fall, brokers and risk consultants told insurance professionals at a recent conference. On November 1, several new sections – including one mandating

News InsuranceMarkets / CoveragesTechnology

How to build a best-in-class cyber risk plan

March 23, 2018 by David Gambrill

Your commercial client is looking to put together a best-in-class risk management plan for dealing with a cyber event. What’s the first thing they need to do? “An ideal plan starts with developing a team,” says Ruby Rai, manager of

Feature Claims CanadaInsurance

New data requirements will make cyber coverage mandatory

March 12, 2018 Heather Sanderson

Enacted by the European Parliament to simplify business rules for companies operating in the EU market and to strengthen the privacy rights of EU citizens, the General Data Protection Regulation (GDPR) comes into effect May 25, 2018. When it comes

News Professional Development

The meeting that every risk manager should have

March 6, 2018 by Greg Meckbach

Risk managers concerned about insurance exclusions should consider asking their brokers to brief senior managers explaining what exactly the insurance covers and what it excludes, a Willis Towers Watson executive advises. Steve Sachs, co-chair of the Willis Towers Watson Real

Feature ClaimsLegislation / Regulation

The Latest Opportunity in Cyber Coverage

February 12, 2018 Eduard Goodman, Global Privacy Officer, CyberScout

Canadian businesses will soon be required to report all data breaches. Here’s how you can meet their need for cyber coverage.