The Atlantic coast hurricane season lasts from June through November, with the likelihood of storms peaking from August to October. The East Coast and Gulf Coast are most at risk, though damage from wind and rain can extend well inland. Make sure you read your insurance policy carefully to learn what it does and does not cover, and contact your local agent with questions or to discuss your insurance needs. This is really important.
Here at Microinsurance we continue to explore blockchain, the world of “a smart contracts”. It is our current belief that ‘smart contracts’ will be the core insurance uses-case for blockchain. The use of these contracts are now linked to the rise of blockchain and a change in technology and process that is still very young.
Posted in Cyber Insurance blog on Feb 07, 2019
The data breaches range from minor breaches, such as errant emails sent to the wrong recipient, to major cyber hacks affecting millions of individuals and making front page headlines. This is the GDPR data breached survey.
We prefer a wider more inclusive definition of Micro Insurance, one that allows products to be developed, sold globally, works in the new sharing economy and includes solutions for many of the issues surrounding selling, distributing and managing micro insurance policies and schemes. Products that cover all populations based on their specific needs.
Hurricanes, over the last 150 years, have increased in both number and intensity. Compare, over similar periods, other graphs and studies on sea water temperatures and average land temperatures, all show the same up-tick and acceleration. It could be time to be prepared and protect your assets with appropriate insurance cover.
Pringles tube to Drone, is this a good measure of security progress?
Posted in Cyber Insurance blog on Jan 31, 2019
Every report, survey or set of statistics on cyber events tell us that all businesses are exposed, whether big or small, so says Andrew Taylor Cyber Underwriting Manager at Chubb. Another survey underlines this point.
Posted in Cyber Insurance blog on Jan 16, 2019
People will tell you that its no point securing your data against a data breach as all your data is out there; already sold multiple times; We seem to post the craziest details all over Facebook, so why secure your data now? Why stop sharing everything?
Posted in Cyber Insurance blog on Jan 14, 2019
Why would a company who's offices look like this be the focus of hackers? Surely hackers want shinier companies to hack into, ones with the money? Why hack a company like this and breach their data and firewalls?
The much vaunted PWC study and projections from 2013 points to large growth and many of its predictions are coming true as we see likes of AirBnB and its many copycats create value for home owners, seeing a huge change in availability. Scooters, Cycles and soon autonomous vehicles will all add to this shifting business model.