As technology evolves, countries face both new opportunities and new risks. Among the most complex and multi-faceted risks for societies today are those related to cyberattacks, which are extremely dynamic in nature and can be devastating to governments, health systems and individuals alike. By partnering with reinsurers, governments can leverage the new technologies at the ... Continue Reading »
technology
Webinar: Cyber Risk in the COVID-19 Pandemic
Marsh & McLennan hosted a recent webinar where cyber experts from affiliates Guy Carpenter, Oliver Wyman and Marsh discussed the impacts of COVID-19 on the cyber threat landscape. The webinar, hosted by Siobhan O'Brien, Head of Guy Carpenter's International Cyber Center of Excellence, delves into how to manage through the immediate crisis, how to evaluate cyber risk and ... Continue Reading »
COVID-19 Makes Digital Care the Norm in China
The global COVID-19 pandemic has hit healthcare hard, considering the immense pressure for the sector to build up capacity, to protect its workforce, to coordinate across public response and policy, and to assure and serve the populace in many stages of worry or disease. As the government urged or mandated populations to stay at home and as hospitals turned away patients for ... Continue Reading »
Australia’s Data Opportunity in Tackling COVID-19
In the fight against COVID-19, the ability to share and analyze data is a powerful tool. Australians trust their federal government with their data more than people in the United States, United Kingdom, Germany, Spain, or Singapore, according to a recent Oliver Wyman Forum survey. To take advantage of that trust, the government needs to address concerns about how data is used ... Continue Reading »
Is Coronavirus a Tipping Point for Digital Health on Demand?
As the coronavirus crisis takes its toll on societies and organizations — prompting critical decisions about business shut-downs, the cancellation of public and corporate events, working from home and greater support for employees — a very practical question arises. Could this be the tipping point for digital health, especially for such recent innovations as telehealth, which al ... Continue Reading »
Estimating the Impact of COVID-19 on the U.S. Medical (Re)Insurance Market
As the COVID-19 situation is changing on a daily basis, the impact to the insurance and reinsurance markets is not yet fully known. However, given the significance of the developments, Guy Carpenter provides our view of how COVID-19 may impact the medical (re)insurance market. ... Continue Reading »
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 exposure and what is driving cyber (re)insurance sales. ... Continue Reading »
Month-by-Month Timeline of 2019 Cyber Highlights
Guy Carpenter’s Cyber Global Center of Excellence keeps apprised of all significant developments in the cyber risk sphere. Here we present some of the global highlights from the first part of 2019. Click below for the full year’s list. ... Continue Reading »
Global Risks Report 2020: New Breakthroughs, New Risks
Transformative technologies, medicines and insurance that could vastly improve the reach and quality of healthcare are on the horizon — but they also bring new risks and trade-offs for health systems and societies. The 2020 Global Risks Report, produced by the World Economic Forum in partnership with Marsh & McLennan and Zurich Insurance Group, discusses the benefits of t ... Continue Reading »
Navigating the Insurtech Market
Innovation has been a priority for many Life, Accident and Health insurance carriers. The need for innovation is driven by consumers demanding a more customer-centric experience. According to a 2019 study by J.D. Power (1), the overall customer satisfaction for providers of annuity products and life insurance providers is lower compared to most other insurance and financial ... Continue Reading »
