RIMS 2022

The overall hard market has exacerbated the cyber insurance market, said Mario Vitale, CEO of Resilience Cyber Insurance Solutions. He spoke with Insider Engage at RIMS 2022 in San Francisco.

The monitors and sensors that changed personal lines are moving to commercial lines, said Mo Tooker, head of middle and large commercial for The Hartford. He spoke with Insider Engage at RIMS 2022 in San Francisco.

Cyber insurers are working to marry risk management with cyber insurance to prevent losses before it happens, said executives at RIMS 2022 in San Francisco.

Jonathan Monks, Sompo International’s EVP and Head of Business Development for North American Insurance, said factors including inflation are driving rate across the market. He spoke with Insider Engage at RIMS 2022 in San Francisco.

The cyber market remains turbulent due to increased claims, said Bob Parisi, head of cyber solutions North America, Munich Re. He spoke with Insider Engage at the RIMS 2022 conference in San Francisco.

As social inflation continues to drive increases in claims severity, juries should know when plaintiffs are backed by third-party litigation funding, said Mike Fallon, president of major accounts, Liberty Mutual Global Risk Solutions. He spoke with Insider Engage at RIMS 2022 in San Francisco.

Mergers & acquisitions reached record levels in 2021, which could result in higher claims for reps & warranties insurers, said Toria Lessman, senior vice president and head of transactional liability for QBE North America. She spoke with Insider Engage at RIMS 2022 in San Francisco.

Insurers now know what the 'minimum' requirements are to make companies safer from cyber attacks, but still face systemic risks, said Dan Trueman, global head of cyber, AXIS Insurance. Trueman spoke with Insider Engage at the RIMS 2022 conference in San Francisco.

From climate change to geopolitical risks to cyber attacks, insurers are trying to navigate unsure ground. Here are the highlights of exclusive Insider Engage interviews with key executives at RIMS 2022 in San Francisco.

It may be impossible to stop cyber attacks altogether, but companies can take steps to become cyber resilient, said David Shluger, vice president, Cyber Risk Engineering, Zurich North America. Shluger spoke with Insider Engage at RIMS 2022 in San Francisco.

The environmental insurance market continues to evolve and grow, said John O'Brien, head of environmental for Ascot Group. He spoke with Insider Engage at the RIMS 2022, conference in San Francisco.

Property damage, forced abandonment, currency and convertibility are among the political risk coverages potentially exposed, said Laura Burns, SVP, US Political Risks, America, WTW said during an interview with Insider Engage at RIMS in San Francisco.

Geopolitical tensions have put pressures on cyber criminals, who may look to move to other countries where it's easier to operate, John Bennett, managing director, Kroll's Cyber Risk Practice said in an interview with Insider Engage at the recent RIMS conference in San Francisco.