Posts Tagged ‘technology’



October 17th, 2017

Understanding Systemic Cyber Risk; Insights Through Pandemic Behavior - GC@PCI Commentary

Posted at 11:30 AM ET

platt-jeremybhamory-crop-smshafer-chris-sm1

Jeremy S. Platt, U.S. Cyber Specialty Practice Leader, Guy Carpenter; Bruce Hamory M.D., Chief Medical Officer for Health and Life Sciences at Oliver Wyman Consulting and Christopher Shafer, Assistant Vice President, Guy Carpenter

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  • Jeremy S. Platt is Managing Director and U.S. Cyber Specialty Practice Leader at Guy Carpenter; Bruce Hamory, M.D. is a Partner and Chief Medical Officer for Health and Life Sciences at Oliver Wyman Consulting. They represent operating companies of Marsh & McLennan Companies.

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October 15th, 2017

Just Say “Know” to Insurtech - GC@PCI Commentary

Posted at 1:30 PM ET

claude-yoder-cropClaude Yoder, Global Chief Innovation and Product Development Officer

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  • As insurtech offerings proliferate, to gain the advantages promised, companies need to know the opportunities afforded; know their own strengths and capabilities for engagement; and know their clients’ needs and expectations
  • Insurtech is the evolutionary next step for insurance through the combination of data, analytics and technology in new and innovative ways
  • Capturing information in real time through sensors or mobile devices is the newest process for the collection of data for analytics

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October 11th, 2017

The Digitization of the Insurance Industry

Posted at 4:00 AM ET

Here we review recent GC Capital Ideas posts on the developing digitization of the insurance industry.

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October 10th, 2017

Industry Must Act to Avoid a “Kodak Moment”

Posted at 4:00 AM ET

In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players.

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September 20th, 2017

Cyber Risk – Opportunities and Challenges

Posted at 1:30 AM ET

Here we review recent GC Capital Ideas posts on the opportunities and challenges cyber risk presents for the insurance industry.

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September 8th, 2017

Industry Must Develop Common Cyber Risk Currency – GC@MC Commentary

Posted at 1:30 AM ET

morley-speed-final-smc-morley-smMorley Speed, Managing Director and Carolyn Morley, Chairman, Global Casualty

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  • Data integrity and availability as critical as data confidentiality
  • Limited ability to quantify dependency a major cyber inhibitor
  • Challenge to build clearly differentiated cyber portfolio

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August 31st, 2017

Addressing Flood Peril

Posted at 1:00 AM ET

Here we review recent GC Capital Ideas posts on Guy Carpenter’s efforts to address the flood peril.

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August 17th, 2017

The Insurance Of Things & Industry 4.0 – A Matrix View: Part III: Business Interruption Following Non-Physical Damage

Posted at 1:00 AM ET

morley-speed-small22Morley Speed, Managing Director

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Column D (below) outlines the areas in which cyber insurance would be expected to operate. However, to date, the cover has focused on data breaches rather than business interruption (BI) arising from disruption of industrial control systems.

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August 16th, 2017

The Insurance Of Things & Industry 4.0 – A Matrix View: Part II

Posted at 1:00 AM ET

morley-speed-small21Morley Speed, Managing Director

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Broadly speaking, the material world is covered by the property line and the virtual world by the cyber line. However, the demarcation is not absolutely clear, resulting in some overlaps in cover but also, more worryingly, some gaps in cover.

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August 15th, 2017

The Insurance Of Things & Industry 4.0 – A Matrix View: Part I

Posted at 1:00 AM ET

morley-speed-small2Morley Speed, Managing Director

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Technological progress and the accumulation of assets have not only stimulated the development of insurance products; they have in turn been nurtured by the availability of these offerings.

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