Risk & Insurance Magazine (2/6/2019)
It’s clear that technology will change the way that insurers do business. In personal lines, the change is already evident from the many on-demand, pay-as-you-go options available from startups who are decidedly technology companies rather than insurance companies (i.e. Metromile, Lemonade, Slice, Jones and Root, to name a few).

Canadian Underwriter (2/14/2019)
Cyber risk awareness is on the rise among corporate directors, who could face liability risk if they are accused of being lax on governance. "Corporate clients are more likely to be aware today, compared to a few years ago, of the personal liability risk of boards in the event of cyber breach or attack," Brian Rosenbaum, national cyber leader of Aon Canada, said in an interview.

Forbes (2/15/2019)
Every year, it seems, pundits and egg-heads (like me) write down our predictions. Most of the time they are self-serving. However, looking into my crystal ball, I think 2019 is going to be a defining year at the intersection of physical and cybersecurity. The Internet of Things (IoT) and advances in artificial intelligence are some of the main driving forces in this evolution.

Risk & Insurance Magazine (2/12/2019)
Rates are likely to rise for many lines of insurance in 2019, and management liability is no different. In the year ahead, the management liability market will be "stable, but firming," said Keith Riccio, Vice President, Management Liability and Specialty, Nationwide.

Forbes (2/14/2019)
Competition from large, established technology companies (BigTech) and financial technology (FinTech) could put pressure on the profitability of financial institutions and lead them to take on more risks to protect their margins. As part of its ongoing monitoring of BigTech and FinTech influence on financial institutions, the Financial Stability Board (FSB), today published "FinTech and market structure in financial services: Market developments and potential financial stability implications."

Continuity Central (2/15/2019)
Health and safety incidents have become the leading financial loss drivers for businesses around the globe, with cumulative losses now outstripping the costs of more high-profile disruptions such as cyber attacks or IT outages. Meanwhile, political change has entered the top ten list of future threats for the first time since 2015, while blockchain and artificial intelligence are new risks which rank amongst the top sources of potential disruption in the year ahead.

Insurance Age (2/12/2019)
Too large to benefit from government initiatives but too small to employ their own risk managers, mid-market businesses can inadvertently find themselves taking on unexpected levels of risk. As these businesses grow and face new and increasingly complex risks, expert support is essential...

Business Insurance (2/11/2019)
Worsening economic and political tensions between the world’s superpowers over the coming year, as well as extreme weather and the failure to implement and stick to climate change policies over the coming 10 years are the top threats worrying nearly 1,000 decision-makers from across sectors, according to the World Economic Forum’s (WEF) Global Risks Report 2019.

Insurance Journal (2/13/2019)
Traffic fatalities on U.S. roads reached an estimated 40,000 in 2018, the third year in a row in which at least that many people died in vehicle crashes, according to new figures from the National Safety Council. The 2018 total represents a decline of just 231 deaths -- roughly 1 percent -- from road deaths in 2017 but a 14 percent increase from just four years ago, according to the safety advocacy group.

RIMS presented 36 students with a 2019 Anita Benedetti Student Involvement Program grant. The program, sponsored by The Spencer Educational Foundation, recognizes the achievements of outstanding undergraduate and graduate risk management students, providing them with funds for travel expenses, complimentary hotel accommodations and registration to RIMS 2019 Annual Conference & Exhibition. The ABSIP continues to recognize elite risk management and insurance undergraduates from outside of North America. The international group includes students from: Birla Institute of Management technology (BIMTECH) in India, National Insurance Academy in India; Universidad EAFIT in Colombia; and Peking University in China. 

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Centene Corporation is a major intermediary for both government-sponsored and privately insured health care programs, whose primary lines of business include Medicare, Medicaid and the Health Insurance Marketplace System via the Affordable Care Act. Jana Utter joined Centene in June 2015 to head up Enterprise Risk Management (ERM). Two weeks after her hiring, the company announced a major acquisition—a $6.8 billion acquisition of Health Net, another healthcare insurance provider. The task before Utter—ensuring that the existing ERM program was aligned with best practices in preparation for meeting a new regulatory reporting mandate—suddenly appeared to have grown significantly.