Quarterly D&O Claims Trends: Q3 2017

October 11, 2017 (Wednesday) at 11am ET

On Wednesday, October 11 Advisen will host a webinar that examines the D&O claims trends for the third quarter of 2017. Advisen’s Jim Blinn and a panel of experts will discuss the frequency and severity of securities suits in Q3 2017 and share their insights on emerging trends on securities litigation.

This is a free, one-hour webinar.

For more info and registration, visit http://www.in.advisenltd.com/quarterly-do-claims-trends-q3-2017/

Advisen Ltd. (2017). Quarterly D&O Claims Trends: Q3 2017 [Webinar].

Quarterly D&O Claims Trends: Q2 2017

July 26, 2017 (Wednesday) at 11am ET

On Wednesday, July 26 Advisen will host a webinar that examines the D&O claims trends for the second quarter of 2017. Advisen’s Jim Blinn and a panel of experts will discuss the frequency and severity of securities suits in Q2 2017 and share their insights on emerging trends on securities litigation.

This is a free, one-hour webinar.

For more info and registration, visit http://www.in.advisenltd.com/quarterly-do-claims-trends-q2-2017/

Advisen Ltd. (2017). Quarterly D&O Claims Trends: Q2 2017 [Webinar].

Quarterly D&O Claims Trends: Q1 2017

April 27, 2017 (Thursday) at 11am ET

Advisen will host a webinar that examines the D&O claims trends for the first quarter of 2017. On April 27, Advisen’s Jim Blinn and a panel of experts will discuss the frequency and severity of securities suits in Q1 2017 and share their insights on emerging trends on securities litigation.

This is a free, one-hour webinar.

For more info and registration, visit http://www.in.advisenltd.com/quarterly-do-claims-trends-q1-2017/

Advisen Ltd. (2017). Quarterly D&O Claims Trends: Q1 2017 [Webinar].

Cyber Risk Trends: Q1 2017

Webinar Date: Wednesday, April 12 at 11am ET

What cyber risk trends are we witnessing this quarter? On Wednesday, April 12th at 11am EST, Advisen will host a free, one-hour webinar that will examine a litany of cyber risk trends derived from our proprietary database of more than 30,000 cyber events.

Join Bitsight’s Jake Olcott, BitSight and Advisen’s Aloysius Tan and Erin Ayers as they examine what occurred in cyber risk trends in Q1 of 2017. Experts from Bitsight will provide some of their data, as well, to elaborate on how these trends can inform the cyber community.

Our panelists will review the ramifications and implications of an array of provocative data views. By reviewing the largest possible arsenal of Cyber Event data, this webinar aims to showcase both the known and the unknown for risk managers, insurance buyers, and all P&C professionals who focus on cyber liability.

This webinar is sponsored by BitSight.

For more info and registration of this webinar, visit http://www.advisenltd.com/events/webinars/2017/04/12/cyber-risk-trends-q1-2017/

Advisen Ltd. April 2017. Cyber Risk Trends: Q1 2017 [Webinar].

Former NYC Mayor Rudy Giuliani to Advise Trump Administration on Cybersecurity

As a “trusted friend concerning private-sector cybersecurity problems and emerging solutions,” former New York City Mayor Rudolph Giuliani was announced to assist in President-elect Donald J. Trump’s efforts concerning cybersecurity.

According to a press release, Trump will be hosting meetings with senior corporate executives to obtain “experiential and anecdotal information” on the cybersecurity challenges they face as well as insight into what has and has not worked as each have tried to deal with cyber risk.

Read more at http://www.advisenltd.com/2017/01/13/former-nyc-mayor-rudy-giuliani-advise-trump-administration-cybersecurity/

Chad Hemenway, Former NYC Mayor Rudy Giuliani to advise Trump administration on cybersecurity (January 13, 2017), available with subscription at Advisen Cyber Front Page News.

Current and Former Employees are the Most Common Perpetrators of Fraud: Report

Insiders were the leading source of fraud, cyber, and security incidents over the previous 12 months, according to Kroll’s 2016/17 Global Fraud & Risk report.

The survey of 545 senior executives worldwide revealed that 82 percent had suffered from a fraud incident in the past year. This was a substantial seven percentage point increase from 2015.

Read more at http://www.advisenltd.com/2017/01/19/current-former-employees-common-perpetrators-fraud-report/

Josh Bradford, Current and former employees are the most common perpetrators of fraud: report (January 19, 2017), available with subscription at Advisen Cyber Front Page News.

2017 Cyber Risk Insights Conference - London

Advisen again brings its acclaimed Cyber Risk Insights Conference series to Europe with a full day, multi-track event in London addressing the critical privacy, network security and cyber insurance issues confronting risk professionals and their organisations. An expert faculty comprised of leaders in network security, regulation, law enforcement, risk management and cyber risk insurance will offer their insights on managing risk on a rapidly evolving and increasingly dangerous threat landscape. This day of learning and networking for risk managers, CISOs, CROs, insurance brokers, underwriters, reinsurers and other risk professionals will present a global perspective on cyber threats, but also will examine how the European business and regulatory environment influence cyber risk management decisions.

For more info and registration about this upcoming event, visit the link below:

http://www.advisenltd.com/media/conferences/03/07/2017-cyber-risk-insights-conference-london/

Interest in Analytics Grows, But Lack of Understanding Hampers Adoption

“Within the insurance industry, the big data revolution is already underway,” said Suzanne Kinsler, MBA, research analyst at The Institutes and author of The Institutes’ survey. “Organizations have a responsibility to invest in and support employee knowledge and training in analyzing big data and modeling outcomes, not only to bridge traditional insurance practices and data science, but also to keep up with their competitors.”

Celent worked with The Institutes on a survey of over 2,000 insurer representatives. They found that more than half of insurance chief information officers expected “significant” investment in predictive analytics and business intelligence to assist in underwriting, claims, and more.

Read more at http://www.advisenltd.com/2017/01/19/interest-analytics-grows-lack-understanding-hampers-adoption/

Erin Ayers, Interest in analytics grows, but lack of understanding hampers adoption (January 19, 2017), available with subscription at Advisen Professional Front Page News.

Data Breach Response Guide

January 2017

Experian Data Breach Resolution released the 2016-2017 edition of the Data Breach Response Guide, a useful tool for every organization looking to improve its security posture. The free, 27-page paper offers a step-by-step guide on data breach management including creating an incident response plan, practicing the plan, responding to a data breach, and auditing the plan.

Learn more about the paper and download it here: http://www.advisenltd.com/2017/01/26/data-breach-response-guide/

Experian | Advisen Ltd. (January 2017). Data Breach Response Guide [White Paper]. Retrieved from www.AdvisenLtd.com

An Industry Slow to Change Now Faces Rapid Development in Data Analytics

Predictive modeling has and will continue to alter the way insurance is developed and distributed, but insurers must determine the best way to harness the vast amount of data available to them and apply it in a valuable way for their customers, according to speakers at Advisen’s Predictive Modeling Insights Conference held here this week.

Panelists throughout the day discussed the rise of modeling and analytics and the impact on insurance. Most agreed that if advanced analytics cannot be blended effectively with traditional underwriting, pricing, and claims models, they are unlikely to be of much use. When used effectively, however, speakers during the event envisioned a world where preventive analytics could reduce or even eliminate many avoidable claim scenarios, create a “frictionless” consumer experience, and improve combined ratios. Several technologies have matured over the years – cognitive computing, cloud computing, the Internet of Things, to name a few – putting the insurance industry in a promising position.

Read more at http://www.advisenltd.com/2017/01/20/industry-slow-change-now-faces-rapid-development-data-analytics/

Erin Ayers, An industry slow to change now faces rapid development in data analytics (January 20, 2017), available with subscription at Advisen Professional Front Page News.