Small- and medium-sized enterprises (SMEs) are increasingly worried about cyber security, the Singapore Business Federation and London market cyber insurer Beazley have reported.
Customer loyalty is falling worldwide for insurers, due to perceived commoditisation of indistinguishable products and increased online consumer empowerment, according to Accenture.
UK cyber insurance is not lacking of the right products or innovations, but by clients only having a basic understanding of their own cyber threats, said Marsh's Stephen Wares.
As many as 4bn people in the world are uninsured, according to a report from Geneva Association on "The Global Insurance Protection Gap".
Photos from the Reactions Global Awards Dinner 2013, which took place at the Wall St Cipriani, New York on September 25, are now available for free download. The awards recognize the best insurance, reinsurance and broking firms as well as executives.
The world’s best insurance, reinsurance and broking companies were revealed at the Reactions Global Awards 2013, with AIG, Ace, Swiss Re, Munich Re, Aon, MMC, Dinos Iordanou, Alex Moczarski and Brian Duperreault among the winners.
The nominees for the Reactions Global Awards 2013 have now been revealed, celebrating the world's best insurance, reinsurance, broking and service provider firms, as well as individuals. The winners will be revealed on September 25 in New York.
Beazley, Lancashire, Hiscox, Amlin, Guy Carpenter and Aon were among the winners at this year’s Reactions London Market Awards, which honour the best insurers, reinsurers, brokers, individuals and service providers in the Lloyd’s and London market.
The first-ever Reactions Latin America Awards were revealed on May 22 in Miami. A mix of domestic and international firms scooped trophies including Sura, Itaú, ASSA, GNP, Sancor, Munich Re, Swiss Re, Patria Re, Barents Re, IRB-Brasil Re, Aon, Aon Benfield.