Market News
Key Technology Vendors Commit to Supporting Lloyd's Blueprint Two
A group of technology vendors has committed to supporting Lloyd's of London's Blueprint Two solutions for the London insurance market. ACORD Solutions Group, AdvantageGo, DXC Technology, TRACE, and Verisk said they will introduce changes to their platforms to accommodate the Blueprint Two solutions. Read More
Economic Forces Seen Putting Pressure on Some Cyber-Security Budgets
Economic uncertainty, interest rate hikes, and the negative effects of a strong US dollar on multinational businesses are placing increased pressure on cyber-security budgets, according to Fitch Ratings. The rating agency noted that spending on cyber security is often viewed as an added cost rather than an essential business expense. Read More
October "CICR" Explores Protection of Intangible Assets
Don't miss the October issue of "Captive Insurance Company Reports" ("CICR"), in which Dr. Marcus Schmalbach, CEO of RYSKEX GmbH, discusses the increasing importance of a company's intangible assets. Read More
As Cyber Attacks Increase, Perception of Cyber Risks Continues To Grow
Cyber risk is seen as the top exposure facing businesses in seven of eight countries, according to the "Cyber Readiness Report 2022" from Hiscox. The Hiscox report is based on a survey of 5,181 companies in Belgium, France, Germany, Ireland, the Netherlands, Spain, the United Kingdom, and the United States. Read More
Lloyd's Selects 9 InsurTechs To Participate in Its Next Lloyd's Lab
Lloyd's of London has announced the next nine InsurTech companies that will join the ninth cohort of its Lloyd’s Lab program, bringing together InsurTechs, insurers, and brokers to test new insurance products that address issues and challenges facing the Lloyd's market. Read More