This article originally appeared on – SC Magazine UK. Now more than ever, organisations are likely to evaluate cyber-security risk in their annual audit plans. According to Protiviti’s 2016 Internal Audit Capabilities and Needs Survey report, 73 percent of organisations now include cyber-security risk in their internal audits, an increase of 20 percent year-over-year. Over 1,300 internal audit professionals […]
Watch out for this scam!
Scammers are using social media sites to research you and your company, but there are ways to fight back. Melbourne-based insurance claims expert Allan Manning was out of town recently when his wife received an unexpected email that appeared to come from him. A project needed to be funded and “could she please process a […]
Top 5 Reasons Why Consumers Should Use an Insurance Broker o...
Consumers generally think they benefit when they buy insurance direct but is it true? To find out, we’ve asked people what matters to them when buying insurance, and in turn our panel used those criteria to evaluate the differences between buying insurance via a broker and buying direct online. Read full article here. Source: riskheads
More about insurance brokers
When looking for insurance, many of our customers know exactly what they need and want in insurance cover. In this situation, the easiest way to get insurance cover is to deal with Allianz directly, either via this website or over the phone on 131 000. But sometimes, especially when insuring businesses or complex personal risks, […]
BREAKING NEWS: US$65 million hack hits bitcoin exchange
Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.3 percent against the dollar as of 10:17 a.m. on Wednesday in Tokyo, bringing its two-day drop to 13 percent. Prices also sank 6.2 percent on Monday, although it was not clear if […]
Car maker accused of selling ‘junk’ insurance
Toyota has admitted to selling ‘junk’ insurance through its dealerships, it has been reported. In a letter, Supplementary Product Disclosure Statement (SPDS) for Toyota’s novated lease insurance issued on 1 July, the automaker has in effect directly admitted to selling customers junk, News.com.au reported. Continue reading here. Source: insurancebusinessmag
10 facts that sell cyber insurance
Cyber insurance is a must for businesses, big or small, as cybercrime attacks grow in number and sophistication. Global reinsurance firm Gen Re highlights 10 facts that lead to more informed cyber insurance decisions. Continue reading here. Source: insurancebusinessmag Is your business protected by Cyber Insurance? We can help you! Contact Us!
Cyber Attacks Pose $20bn Threat To Economy
Cyber breaches in major cities could cost the Australian economy up to $US16 billion ($20.9 billion), according to a study by Lloyd’s and Cambridge University. Sydney alone has $US4.86 billion ($6.36 billion) of GDP at risk from cyber attack for 2015-2025, ranking it 12th among the world’s 301 major cities, the research shows. Lloyd’s says […]
The History of Insurance
Whether it’s the birthplace of a nation, the emergence of a superhero or the humble beginnings of an industry, everything has an origin story. Insurance is no different. But the story of insurance is a whole lot more than a series of misadventures of a bumbling stunt driver or the romance between Rhonda and her […]
Climate Change Risks
The impact of climate change is being felt in more ways than ever, according to one industry expert. Geoffrey Au, APAC chief risk officer for Zurich, said Asia Pacific is among the most vulnerable regions to the effects of climate change.“Climate change is exacerbating more risks than ever before in terms of water crises, food shortages, […]
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