Insurance Day's Editorial Comment
Latest From Viewpoint
'The digitisation of the London market is starting to deliver real efficiencies – we need to press on'
Fuelled by the need to work in different ways because of Covid-19, the market-wide drive to digitisation has started to deliver real efficiencies but we must seize on this momentum to modernise the way business is done in the world’s longest-established insurance marketplace
'Realistic attack scenarios are fundamental to the success of cyber risk models'
The evolution of cyber attack activity as a service economy that enables unskilled actors to purchase attack capabilities and tools is a major challenge for risk modellers
'Centralised intelligence is critical in fight against cyber crime'
The main responsibility for monitoring and investigating cyber crime rests with government and law enforcement, but businesses and their insurers also have a key role to play
'Catastrophe modelling during a crisis'
Scenarios and modelling processes have been changed by Covid-19 and, as we move forward, we will be trialling thematic analysis in which we look at the intersection of big forces
'Corporate governance is the main exposure for D&O insurers'
Historical data suggests the biggest Covid-19-related D&O exposures will not come from insolvency, but from a failure in corporate governance as a result of the crisis
Focus: The market needs to change its approach to climate modelling
The rigid structure of traditional models does not work in relation to climate change
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