Despite historical profitability and forecasts of hypersonic product growth, the reinsurance industry’s cyber growth trajectory has tapered off over the last two years and is evidencing some growing pains. This flattening market trend is directly at odds with a heightened threat environment and the increased valuation of intangible assets. Looking toward the remainder of 2020, a ... Continue Reading »
technology
Recent GC Capital Ideas Posts on Cyber
Here we showcase the recent stories that GC Capital Ideas has presented on cyber risks. Particular topics of focus include silent cyber and the intersection of COVID-19 and cyber risk. ... Continue Reading »
Digital Health Systems of Tomorrow: Unexpected Players are Rethinking Healthcare
As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector. Virtual health care options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization increases. ... Continue Reading »
Will Companies Remain Empathetic After the Coronavirus?
The transition to working from home has gone incredibly smoothly overall, enabling seamless communication between brokers, cedents and reinsurers. Technological advancement has facilitated this transition but human behaviors are equally important in ensuring colleagues continue to feel “connected” to their co-workers, clients and the overall market. Communication on an ongoing b ... Continue Reading »
Why 2020 Has Made the Ever-Evolving Cyber Landscape Even More Dynamic
The insurability of systemic cyber risk will be one of the defining issues of the next decade for the (re)insurance sector. Rapid technological changes and digitalization in particular have already transformed the characteristics of risks assumed by the (re)insurance market. ... Continue Reading »
Pandemic Poses a New Catastrophe Paradigm: Part III
Pandemics represent only one example of how low-probability, extreme events can cause economic (and insured) shocks, according to a recent Reactions article by Peter Hearn, President and CEO of Guy Carpenter. ... Continue Reading »
Cyber Decoder September 2020
Despite historical profitability and forecasts of hypersonic product growth, the reinsurance industry’s cyber growth trajectory has tapered off over the last two years and is evidencing some growing pains. This flattening market trend is directly at odds with a heightened threat environment and the increased valuation of intangible assets. Looking toward the remainder of 2020, a ... Continue Reading »
Post-Pandemic, Human Interactions Still Power Global Business
While the new disruptive InsurTech companies were initially written off by carriers, citing woefully unprofitable combined ratios, they are trending positively and could soon see underwriting profits. COVID-19 is pushing companies to lean increasingly on technology, and incumbents are utilizing advanced data, analytics and technology capabilities in software and ... Continue Reading »
Digital Therapeutics Demonstrate Proven Results But an Untested Model
As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector. Virtual healthcare options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization ... Continue Reading »
Health on Demand: A Report on Digital Health Solutions in the U.S. Workplace
As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector. Virtual healthcare options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization increases. The ... Continue Reading »
