Keyword
Reputation
Making the most of a bad reputation
September 1, 2019 David Gambrill, Editor-in-ChiefAmplified by the speed and global breadth of social media, it takes seconds to shred a good corporate reputation. Corporate boards are worried. Can insurance help?
How will reputational harm coverage evolve?
April 8, 2019 by Jason ContantWill reputational harm coverage grow into its own coverage or will it remain sublimited, as is often the case? There is currently a lot of variance within the market in how this coverage is offered, if at all. Some insurers…
Insuring your client’s reputation against cyber breach? Good luck with that.
April 14, 2018 by David GambrillBusinesses wishing to insure their brand reputations against a cyber breach are going to find a hard time finding policies to cover that. “This is a huge area of concern for insurance,” says Catherine Evans, vice president-FINPRO at Marsh Canada…
Social media driving need to communicate quickly during crises: speaker
November 3, 2017 Jason Contant, Online EditorFailure to manage a crisis situation well can “become an existential threat, a real threat to the viability of the organization,” a speaker said on Thursday at the Canadian Risk and Insurance Education Forum. “When you look at it, the…
Guidewire’s planned acquisition of Cyence to help p&c clients deal with 21st-century risks
October 10, 2017 by Canadian UnderwriterGuidewire Software, Inc.’s planned acquisition of Cyence Inc. will ensure Guidewire clients can access a cloud-based data listening and risk analytics solution to help them manage emerging risks for which long claims histories may not be available. California-based Guidewire Software,…
Allied World revises Executive ForceField product for Canadian market
September 12, 2017 by Canadian UnderwriterAllied World Assurance Company Holdings, GmbH (AWAC) has enhanced its Executive ForceField Side A, Lead Difference in Conditions (DIC) product with “Canadian-specific enhancements,” the company has reported. The revised policy, available to companies throughout Canada, was announced in a press…
Global cyber attacks expected to up demand for related insurance, U.S. market could grow 10-fold: Fitch Ratings
May 16, 2017 by Canadian UnderwriterFitch Ratings expects demand for cyber insurance protection will increase in the wake of the slew of recent ransomware cyber attacks in 150-plus countries, but cautions against aggressive expansion that could prove credit-negative. “Growth in corporate anxiety from cyber-related threats…
Known, hidden risks in supply chains demand an overall strategy for evaluating and mitigating risk: QBE
April 26, 2017 Angela StelmakowichPHILADELPHIA – The multitude and variety of risks are becoming more predictable, indicating multinational and domestic companies can benefit from taking a look at how global interdependence affects each link of their supply chain, says Jamie Luce, senior vice president,…
Companies can come to grips with cyber risk, government back-stop may be needed for certain risks: Swiss Re
March 1, 2017 by Canadian UnderwriterConcern about cyber resilience is on the rise – as are the potential costs associated with attacks – but insurers and companies should understand steps can be taken to manage the risk, suggests the latest sigma report from Swiss Re…
Half of polled Canadian businesses suspect or know their firms have been hit by fraud in last year
February 22, 2017 by Canadian UnderwriterNew survey findings indicate a disconnect between how many Canadian businesses have experienced fraud in the last year and the high level of confidence among business and C-suite executives regarding their ability to prevent such incidents. Half of the Canadian…
Socially Awkward
September 2, 2016 Angela Stelmakowich, EditorBeing social is all well and good… until it no longer is. Social media is a given today, whether for personal or business use. But along with these in-the-moment interactions comes a bit of risk (sometimes more), including for business…
Gaps identified in readiness of Canadian boards to crisis management
May 20, 2016 by Canadian UnderwriterMore diligence is required to protect board members in the wake of a crisis, suggests a new white paper prepared by Osler, Hoskin & Harcourt LLP for the Institute of Corporate Directors (ICD). Based on a survey of 400 Canadian…