Posts Tagged ‘interoperabiity’



February 1st, 2018

Cyber Risk in an Interconnected World; Part II

Posted at 1:00 AM ET

platt-jeremyJeremy S. Platt, Managing Director and U.S. Cyber Specialty Practice Leader

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The new year will also offer cyber carriers the chance to seize opportunities created by innovative technologies to adapt lessons from other lines of business. Today, risk management of a cyber event reflects characteristics of pandemic containment. The medical community has developed clearly defined metrics and rigorous procedures for public and private stakeholders to reduce the impact of an outbreak. Similarly, the date of occurrence, duration, common source connection, frequency and severity are significant factors in adjusting cyber (re)insurance claims, and often depend on some level of collaboration with public entities. But as discussed above, a common currency to analyze and discuss cyber exposures is still being perfected. Quantification of cyber losses is also complicated by “silent” all-risk policies where cyber is the peril, but no cyber exclusions exist.

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January 15th, 2018

Interoperability: A Case For Open Source

Posted at 1:00 AM ET

peter-hearn-2-smPeter Hearn, President & CEO

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  • Industry-wide call for increased transparency in cat modeling
  • Interoperability facilitates collaboration of multiple data sources
  • Open source models allow insurers to develop own view of risk

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September 10th, 2017

Interoperability: A Case for Open Source - GC@MC Commentary

Posted at 12:30 AM ET

peter-hearn-2-smPeter Hearn, President and CEO

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  • Industry-wide call for increased transparency in cat modelling
  • Interoperability facilitates collaboration of multiple data sources
  • Open source models allow insurers to develop own view of risk

Continue reading…

January 27th, 2017

Interoperability: A case for open source - GC@BB Commentary

Posted at 1:00 AM ET

peter-hearn-2-sm1Peter Hearn, President & CEO

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  • Industry-wide call for increased transparency in cat modelling
  • Interoperability facilitates collaboration of multiple data sources
  • Open source models allow insurers to develop own view of risk

Continue reading…