AI Used for Good and Bad — Like Making Trickier Malware, Says Report November 27, 2024 By Jahna Jacobson While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data...
Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage July 23, 2024 By Chad Hemenway Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley...
Report: Impact of BEC Attacks on U.S. Companies Misunderstood July 15, 2024 A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it...
Attacks on Casino Giants Heralds Resurgence in Ransomware Demands September 21, 2023 By Jim Sams Cyberattacks on MGM Resorts International and Caesars Entertainment last week show that ransomware gangs continue to be a major threat...
Marine Insurance Losses Projected Below $250M From Beirut Blast August 11, 2020 LONDON — Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in...
Business News: Guy Carpenter and Synthetik, Jopari, Sapiens and Clara Analytics June 9, 2020 Guy Carpenter Using Synthetik to Model Terrorism Risk Guy Carpenter & Co. says it has entered into “an exclusive multi-year...
Insurers, Tech Firms Struggle to Keep Pace with Cyber Risks October 4, 2019 By Mark Hollmer Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when...
Catastrophe Scenarios Highlight Need to Better Understand Cyber Risk September 10, 2019 As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report...
Lloyd’s of London Suspends Top Broker Who Sent Harassing Email June 25, 2019 By Gavin Finch Lloyd’s of London has suspended a senior broker at Guy Carpenter & Co. for sending colleagues a sexually suggestive email...
People News: Guy Carpenter, Cunningham Lindsey, Great American December 16, 2016 Guy Carpenter Appoints Nash President of New International Division Guy Carpenter & Company, LLC, a global risk and reinsurance specialist...