Insurance Journal (6/18/2019)
While there are "huge opportunities" on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with.

Risk Management Magazine (6/2/2015)
As more U.S. states recognize same-sex marriage and the country awaits a Supreme Court ruling on whether states can refuse to recognize these unions, employers must navigate another critical dilemma with regard to lesbian, gay, bisexual and transgender (LGBT) employees: travel and relocation.

Property Casualty 360 (6/21/2019)
Like so many other aspects of the industry, legal risks are constantly changing for insurers. Over the last 18 months, one of the areas where claims and legal action have increased significantly involves harassment claims in a number of industries. Defending these types of claims involves many hard and soft costs including financial, reputational and legal for all involved.

SecurityInfoWatch (6/18/2019)
Given the myriad cyber threats facing organizations today from criminals, nation-states and hacktivists, it should come as little surprise that senior-level executives are placing a larger emphasis on bolstering cybersecurity over physical security.

Risk & Insurance Magazine (6/21/2019)
We hear plenty about cyber attacks targeting big businesses. In 2019 alone, 540 million Facebook records were exposed; a Toyota data breach exposed the personal information of 3.1 million customers; and the information for almost 12 million Quest Diagnostics patients became compromised. But the Wall Street Journal reported that plenty of small businesses are getting hurt by cyber attacks, too.

Risk Management Monitor (6/18/2019)
"We're becoming numb to the news," said risk management veteran and author Joseph Mayo. "We've seen a 1,200% increase in daily record loss in the last five years. Globalization has created faster-moving and infinitely more complex risks and that's what we have to adapt to."

SecurityInfoWatch (6/17/2019)
Healthcare security is one of the most challenging missions, and a look at recent trends reveals it is getting more difficult every year. States are getting more involved in establishing parameters for workplace violence prevention programs, but it does not seem to be enough to stem the trends, and violence is underreported. Effectively managing security for healthcare is very complex.

Property Casualty 360 (6/18/2019)
Marsh & McLennan Companies, Inc.'s Rising Professionals' Global Forum 2019 opened in London, with approximately 700 delegates attending the two-day event to hear from speakers on the central theme for the forum: adaption or extinction.

Risk & Insurance Magazine (6/20/2019)
What comes to mind when you hear "travel risk?" For business travelers, the phrase might evoke the possibility of threats to their safety while in the air or while traveling abroad, especially today given the tenuous state of geopolitical relations around the globe. Traveling within the U.S., the worst risk may seem to be a cancelled flight. But travel risk exposure is much broader than that -- something many companies and their insurance brokers may not fully appreciate...

Canadian Underwriter (6/20/2019)
Financial companies, including insurers, are moving positively towards dealing with climate change but more needs to be done -- and it will need to be risk managers at the forefront to prepare their companies, according to a new study.

Insurance Journal (6/17/2019)
Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their assessment of the market, the boom in the construction business has allowed underwriters to refine their appetites and be more selective and focus on profitable accounts.

Risk management executives today operate in a time of abundance in two key areas: capital and data. Pension funds, sovereign wealth funds, and others have earmarked an estimated $1 trillion for investment in risk finance. And on the data side, too, the numbers are staggering: Some 2.5 quintillion bytes are created every day (and that's a year-old figure!) By next year, 1.7 megabytes of data will be produced every second for each of the Earth's 8 billion people. So what's the connection? By effectively marshalling data and risk modeling tools, organizations can better understand changes in their risk profiles and their risk bearing capacity, allowing them to access the opportunities presented by the growing levels of capital available to finance risk. Download the Excellence in Risk Management XVI Report from our Risk Knowledge Library.

Four years ago, technology giant Microsoft embarked upon a major reorganization, called "One Microsoft," to enable the organization to bring a coherent set of products to market faster. The company restructured from eight separate product divisions into a single entity focused on creating technology devices and services for businesses and individuals. The various changes in leadership and operating models also affected Microsoft's enterprise risk management program -- in highly positive ways, as our recent discussion with Tom Easthope, director of ERM, and Jeff Pratt, general manager of ERM, reveals. Read the full interview.