While many cities in Asia and portions of Europe have been locked-down, across much of the United States it’s business-as-usual in retail and stores remain busy (in many cases busier than usual). The difference may mainly be one of timing. ... Continue Reading »
Property
Guy Carpenter and RiskGenius Announce Collaboration to Revolutionize Silent Cyber Analysis
Guy Carpenter announced today that it has entered into a strategic relationship with RiskGenius, to revolutionize the detection and qualitative analysis of silent cyber exposure across various lines of business. ... Continue Reading »
Guy Carpenter Appoints Global Head of Client Support Services
Guy Carpenter announced today that George Williams has been appointed as Managing Director, Global Head of Client Support Services, effective immediately. In this role, Mr. Williams will be responsible for setting the strategy for Guy Carpenter’s global client service organization with a focus on digital transformation and client engagement. ... Continue Reading »
What’s Old is New Again – How Older Cyber Risks are Presenting New Exposures
Guy Carpenter recently published its Cyber Year in Brief and 2020 Outlook, which takes a look back at the prevailing cyber-related trends of 2019. ... Continue Reading »
Winning the Cyber Risk Challenge
The Energy/Power (E/P) sector’s speed of digitalization is outpacing its building of cyber defense capabilities and adaptation of overall risk management strategies. In the report, Winning the Cyber Risk Challenge, Marsh & McLennan Advantage Insights analyzes the Marsh Microsoft 2019 Global Cyber Risk Perception Survey to explore the latest cyber trends in the transitioning ... Continue Reading »
Cyber Trends in 2019
Guy Carpenter recently published its Cyber Year in Brief and 2020 Outlook, which takes a look back at the prevailing cyber-related trends of 2019. ... Continue Reading »
What is Driving Cyber (Re)insurance Sales?
What is driving cyber insurance sales on the direct side? • The increased risk and associated high costs of regulatory actions have driven clients to purchase cyber insurance cover for the first time, or to reassess the adequacy of currently purchased limits. • Swelling regulatory pressure is driving cyber risk awareness at a governance level as well. The California Con ... Continue Reading »
Global Risks Report 2020: The Digital Frontier
Both sets of respondents to the Global Risks Perception Survey (a component of the 2020 Global Risks Report, presented by the World Economic Forum and Marsh & McLennan) — the multistakeholder community and the Global Shapers — identify cyber-related issues, such as cyberattacks and data fraud or theft, within the list of top 10 long-term risks. Indeed, while the growth of di ... Continue Reading »
Access to Private Capital Crucial to Governments’ Ability to Enhance Climate Resilience
Severe weather events and demographic challenges are putting an increasing strain on government finances, requiring a rethink of how catastrophic events are funded and a greater use of public-private partnerships to manage risk, according to Guy Carpenter. In a report released today – Protecting our Planet and the Public Purse – Guy Carpenter highlights how the risk lan ... Continue Reading »
CAT-i Bulletin: Tennessee Tornadoes
In the early hours of March 3, 2020, severe thunderstorms spawned multiple tornadoes in Middle Tennessee, including an EF-3 tornado affecting parts of Nashville and a stronger EF-4 tornado in Putnam County. Media reports indicate at least 24 fatalities statewide. Extensive damage to property and infrastructure has been reported in affected areas, with at least 50 homes ... Continue Reading »
