Tech

This insurance CEO says fully autonomous cars still ‘decades away’

Vehicle makers continue to add autonomous features but not everyone thinks that fully self-driving cars are coming any time soon. “I don’t buy into the autonomous vehicle thing. That is decades away, quite frankly,” Steve Smith, president and chief executive officer of Farm Mutual Re, said Thursday of fully autonomous vehicles. “I have a hunt […]

By Greg Meckbach | August 23, 2019

3 min read

How Travelers advises clients to mitigate auto risk

Do your commercial clients have a strict policy of not calling employees while they are driving? Many drivers who are distracted are actually workers who are travelling on behalf of their employers during the day, Ontario Provincial Police Sergeant Gord Keen told insurance professionals Thursday. What this means for commercial insurance clients is that company […]

By Greg Meckbach | August 23, 2019

3 min read

How B.C. auditor general rates the provincial government’s cyber security

If your client has a formal process to disable computer network access for employees and contractors who no longer work there, that client’s cybersecurity is better in at least one respect than some of British Columbia government departments. The province’s Office of the Auditor General recently audited five government departments on how well they follow […]

By Greg Meckbach | August 20, 2019

2 min read

One easy way for underwriters to find out if their clients’ data has already been breached

Underwriters can better price cyber insurance if they have a clear understanding of that user’s real risk of being breached. To do that, it’s essential to understand when a user’s email and password combination has been exposed in a previous data breach. Real-time application program interfaces (APIs) on the market can examine, for example, all […]

By Jason Contant | August 15, 2019

2 min read