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News
Data centres expose insurers to fire climate and cyber risks
3+ week, 3+ day ago (649+ words) artificial intelligence (AI)-driven expansion of data centres is creating new construction, operational,...account for most of the market. Annual investment in data centres is expected to double from about $500b in...a report by Allianz Commercial. The report, The Data…...
India’s Insurance Revolution: From Policy Papers to Digital Protection
6+ day, 5+ hour ago (1037+ words) Insurance Revolution: From Policy Papers to Digital Protection businessnewsthisweek.com For decades, insurance...policies—it is about creating a country where protection becomes as routine as banking, digital payments...natural disasters and other financial shocks. This protection gap represents both…...
IRGC hacking case tests what cyber policies actually cover
3+ week, 3+ day ago (507+ words) said Mabna stole more than 31 terabytes of academic data and intellectual property from universities. Private-sector...Revolutionary Guard Corps (IRGC), with stolen academic data also sold through two websites inside Iran. "Cyber...
Cyber policy wordings have potential to provide unintended AI cover – IUA
3+ week, 2+ day ago (1202+ words) underwriting offering Speaking on the topic of protection gaps at this year’s Airmic Conference, held in...
How cyber insurance gaps can leave factory damage uncovered
3+ week, 4+ day ago (682+ words) Production shutdowns can outweigh data theft for industrial operators. A ransomware attack...Marine Kiln Group Ltd. (TMK) Asia warned that this protection gap could become more significant as automation,...and resulting business interruption outside the protection manufacturers expect their insurance…...
AI will transform the future of insurance claims
2+ week, 4+ day ago (696+ words) calling. The throughline in this future is integrated data and omni-channel support before, during, and after...accident. The insurer could use embedded sensor data to understand the likely severity of the crash,...
Gallagher Re launches Digital Risk Practice
3+ week, 3+ day ago (48+ words) bringing together specialist expertise in AI liability, data centres, cyber and digital risk engineering to help...
Consultation On Proposed Insurance Rules
2+ week, 6+ day ago (220+ words) The Bermuda Monetary Authority [BMA] has published a consultation paper on proposed Insurance [Internationally Active Insurance Group Supervision] Rules 2026. A spokesperson said, “The paper highlights the Authority’s commitment to supervising the insurance sector and developing a regulatory framework that adequately…...
Gallagher Re creates digital risk unit as AI reshapes accumulation
3+ week, 4+ day ago (422+ words) launched a digital risk practice, pulling AI liability, data centers, cyber, and digital risk engineering into...AI liability lead. Luca Drane has been appointed data centers lead. The structure reflects a recognized...March projected global insurance premiums tied to data…...
Cygienic.com Supports Proactive Cyber Insurance to Close the Small Business Cybersecurity Gap
4+ week, 16+ min ago (481+ words) Web Security, Vulnerabilities, Host Reputation, Data Privacy, Open Ports, PCQ. The results indicate that...