Looming NFIP Expiration Threatens Homebuyers and Insurers
The National Flood Insurance Program (NFIP) is at risk of expiring. This could make it difficult for homebuyers in flood zones to get mortgages. Learn why this matters and what you can do to protect yourself.
Impact of Cyber Events on US/Global Industries
The US financial services industry is a prime target for cyberattacks, leading to substantial business disruption costs. To mitigate these risks, organizations must implement robust cyber risk management strategies, such as quantifying potential losses through cyber risk modeling and understanding the implications of cyber security liability.
Leveraging AI and Automation to Address Security Challenges
AI and automation can revolutionize your cybersecurity strategy. The latest advancements in threat detection and incident response are reducing costs and increasing scale. A full risk mitigation strategy combines risk assessment with comprehensive cyber insurance.
Cyber Catastrophe and the FBI
Proactive planning and FBI assistance can minimize damage and expedite recovery in the event of a cyberattack.
Current Trends Increasing Costs of Cyber Attacks / Data Breaches
What is behind the rising financial impact of cyber-attacks? Increasing sophistication, the use of AI and growing use of ransomware are fundamentally changing the landscape. We look at evolving strategies for mitigation
A New Twist on an Old Trick: Cybercriminals Target Your Supply Chain
Cybercriminals are increasingly targeting supply chains with sophisticated social engineering attacks. These scams can result in substantial financial losses for businesses that traditional insurance policies fail to cover. Risk assessment is vital for logistics chain and cargo
Insurance is a Financial Factor for Your Business
As business owners, we know that there are different aspects of running our companies that are part and parcel of owning a business.
Navigating Adversity: A Case Study in Effective Claim Management
What does a rapid, coordinated response to a commercial real estate claim look like? Steve Ryan presents this case study in effective claims management.
The Escalating Crisis of Underinsurance in U.S. Commercial Properties
Rising construction costs and inflation are causing a surge in underinsured commercial properties. We look at how these factors, along with a lack of understanding about coinsurance, can significantly impact business finances in the event of a claim.
Using Claims Data to Guide Your Risk Management Strategy
We insure a regional, retail food service company with over 50 locations throughout New England. This is a story of success through the application of sound risk management principles. First a snapshot of their claim history. Notice that as the frequency (blue bars) fell from 32 to 2, their severity (red line) dropped from $995k […]