Reinsurance broker Gallagher Re recently launched its Cyber Risk Adjusted Rating (RAR) Index, revealing that its value was 100% higher on January 1st, 2025, compared to January 1st 2020, indicating higher rates-on-line, as the cyber market continues to grow amid an evolving risk landscape.For those unaware, the Gallagher Re Cyber Risk Adjusted Rating (RAR) Index … Read more
Software-as-a-service (or SaaS) became mainstream in the early 2000s and has since revolutionized the way businesses operate. Offering everything from cloud-based technology to communications software, analytics, and more, SaaS has certainly had a major impact. The SaaS industry is growing at a rapid pace. But with growth comes increased risk, including cyber threats, data breaches, … Read more
According to global specialty insurance and reinsurance group Chaucer, evidence from observational data and climate models shows that tropical cyclones, known as typhoons in the Pacific, are showing signs of being influenced by climate change, with a notable trend of their peak intensity shifting northward in the Northwest Pacific.In a new report, Chaucer explains that … Read more
Cloud computing has transformed the IT industry, and Infrastructure-as-a-Service (IaaS) is at the heart of it all. IaaS provides businesses with improved computing power and cloud storage, making it easier and less expensive for those businesses to scale their operations without the need to manage physical servers. But with this growth comes a unique set … Read more
By Jim Alcove The rise of AI co-pilots is exposing a critical security gap: sensitive data sprawl and excessive access permissions. Related: Weaponizing Microsoft’s co-pilot Until now, lackluster enterprise search capabilities kept many security risks in check—employees simply couldn’t find much of the data they were authorized to access. But Microsoft Copilot changes the game, … Read more