Communications Media Technology

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Renewed hope for 'palatable and affordable' insurance with new cyber risk pool

Following news that Singapore will set up the world’s first commercial cyber risk pool, StrategicRISK spoke to Star Hub’s Nigel Tay to get his thoughts on what this really means for risk managers in the region.

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Part two: Building resilience in the fourth industrial revolution

Organisational risk frameworks aspire to help their organisations become intelligently responsive to the highly disruptive forces which emerge out of complex working systems, but what does this mean for risk managers? Risk specialist, Warren Black explains.

Victoria Tan Ayala Corporation

Top risk priorities for a Philippine conglomerate

Ayala is one of the largest and most diversified Philippine conglomerates, with business interests in real estate, banking, telecommunications, water, industrial technologies, energy, infrastructure, health, education and other ventures

Artificial intelligence

Risk management as a service – a threat to insurers

Underwriters may find they are judged by their AI algorithms in future, cloud tech firm Pegasystems has warned

Ibm

IBM, Co-op Insurance in £130m dispute after cancelled tech upgrade

IBM pulled out of a contract worth £55m (€62m) to upgrade Co-op’s systems last year, following delays and disputes, court documents show

SSP outage

IT outages: damage limitation

A well-tested incident response plan, communications strategy and insurance protection are essential to minimise damage from an IT system outage

Cyber data protection

Data protection fines and penalties is top risk for TMT firms

Executives in technology, media and telecommunications also worry about intellectual property and patent infringement, and competition and anti-trust law scrutiny, survey finds

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Willis and Towers Watson rebuff calls that vote down merger

Two proxy firms say proposed terms not enough

Data breach

How risk managers can mitigate reputational damage arising from a data breach

A data breach can significantly damage a company’s reputation, which makes preparing for one all the more critical

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