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Data privacy and security compliance were identified as the primary concerns of 75% of global insurers and 83% of their New Zealand and Australian counterparts, according to a Gallagher Bassett survey. The claims and risk man...
Advertorial
Cyber-attacks are on the rise and it’s not only big businesses that are affec...
In New Zealand, CERT NZ 1 responded to 1,530 cyber security incidents in the first quarter of 2024, which resulted in $6.6m direct financial loss. And if you think having cyber security measures in place affords enough protection,...Feature
IAG New Zealand has signed a multi-year agreement with Google Cloud to help it deliver a more efficient customer experience. The agreement, which builds on an existing partnership, will see Google Cloud's data and AI solution...
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The global insurance and reinsurance industry is expected to avoid major financial repercussions from the internet service disruption caused by a faulty security software update from CrowdStrike, according to Fitch Ratings. ...
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The Marsh McLennan Global Risks Report 2024 captures insights from nearly 1,500 business leaders and experts worldwide, providing a short-, medium- and longer-term perspective on unfolding risk to help organisations make informed,...
Live News
Cyber specialist underwriting agency Emergence NZ Limited has launched a major upgrade to its key product’s policy wording. The revamp to Emergence’s Cyber Event Protection policy, marketed to brokers as CEP-005,...
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This year has seen a “worrying resurgence” in ransomware and extortion claims, Allianz Commercial warned in a new report. Following two years of high but stable loss activity, dangerous online activity is on the...
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JAVLN, a cloud-based insurance policy management platform, has acquired Technosoft Solutions’ document management and workflow software, including OfficeTech. The Australian acquisition is JAVLN’s second this year....
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by Andy Beven, liability & cyber underwriting manager at NZI
Andy Beven, liability & cyber underwriting manager at NZI, breaks down common cyber security myths that could be holding businesses back. Many business owners are unaware of the growing threat of cyber-attacks and are...Feature
Damaged and lost mobile phones cost New Zealanders an average of $13.5 million every year, according to State Insurance. State has received 35,899 contents insurance claims for mobile phones over the past two and half years –...
