Blog | Gen Re

Our Perspective

IoT: Threat or Opportunity for Homeowners Carriers?

By James Kenworthy |June 14, 2017|English

Until recently, the idea of being able to control the heating in your home from afar, or check on your phone to see who is at the front door when you’re away, seemed like something out of a sci-fi flick. But the Internet of Things (IoT) is fast...
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WannaCry Global Cyberattack - How Is It Affecting Insurers?

By Renate Kerpen|June 02, 2017|English | Deutsch

Since it began wreaking havoc on 12 May, global cyberattack WannaCry has been making the world sit up and take note. With seemingly little regard for geography, industry or user, estimates suggest over 300,000 businesses across 150 countries have been...
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Cyber Change Comes at You Fast - Are Insurers Ready?

By Molly Corbett |May 02, 2017|English

Have you seen any exposure emerge and evolve as quickly as Cyber has? We follow many emerging issues in the marketplace, but Cyber has them beat in both speed and ferocity of change. Just take a look at the latest statistics: - In 2015 Malware...
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Cyber Insurance - Mandatory Data Breach Notification in Australia

By Nicholas Murphy |March 07, 2017|English

The long debate about mandatory notification of a data breach in Australia is now over. On 13 February 2017 the Australian Federal Parliament passed the Privacy Amendment (Notifiable Data Breaches) Bill 2016, which will next be converted to an Act...
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Denial of Service Attack Tests Cyber Insurance Products – What Does Your Policy Say? (Part 2)

By Mindy Pollack|January 05, 2017|English

The distributed denial of service attack (DDoSs) on October 21 against Dyn impacted Twitter, Airbnb, Netflix, Spotify, The New York Times and many more websites of small and large businesses alike. Although most articles list a few brand names, hundreds...
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5 Insights Test Cyber Insurance Policies – What Do Your Policies Say? (Part 1)

By Mindy Pollack|November 09, 2016|English

Is it time to update your cyber insurance product? This is a compelling question for many companies today. Cyber insurance products continue to evolve at a rapid pace. Two recent reports highlight areas where we can expect more attention from policyholders,...
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