In part one of WRIN.tv's interview with Rick Betterley, the editor of the Betterley Report discussed the exposures small and medium-sized companies (SMEs) have to cyber-attacks. In part two he looks at the market dynamics at work for SME cyber coverage.
February 25th, 2015
Hi-profile cyber-attacks against large companies, such as Anthem and Sony, garner much of the attention in the media. However, small and medium sized companies (SMEs) are exposed to cyber risk as well. In Part one of a 2-part interview with Rick Betterley, the editor of the Betterley Report discusses how exposed small and medium sized companies are to cyber threats.
February 20th, 2015
Escalating claims fuelled by ongoing economic problems and slow job recovery is driving today's EPLI Market. As a result, companies are experiencing increased rates and high deductibles not seen in other lines.
Rick Betterley, author of The Betterley Report, discusses his recent analysis of the Employment Practices Liability Insurance Market. Here, Rick talks with WRIN.tv about the claims environment, the difficulty of rate adequacy, and why carriers are encouraging customers to use purchased services for a better claims experience.
February 6th, 2014
In part 2 of WRIN.tv's discussion with Rick Betterley, he discusses Cyber Endorsements for traditional policies and how they are different from stand alone Cyber policies. Rick also identifies the carriers who are adding these endorsements as well as whether or not these coverages are selling.
July 10th, 2013
WRIN.tv sat down with Rick Betterley to discuss the findings from his recently updated Cyber/Privacy Insurance Market Survey. The report reviews and evaluates insurance products designed to protect against the unique risks of data security for organizations. These risks can include a breach of security by a hacker, or the simple release of data through carelessness of an employee or vendor.
July 9th, 2013
Cloud computing is growing in popularity within corporate IT departments. It can provide rapid access to technology support better customer service, and accelerate the introduction of new products. Risk managers are trying to keep up with the Cloud Computing revolution to assess and properly manage the risks. Here to walk us through the issues surrounding Cloud Computing is Rick Betterley. He is author of The Betterley Report, which publishes research on technology and cyber risk.
April 9th, 2013
Intellectual property is a key driver of growth for many companies, particularly in a service economy, where ideas are a differentiator. Patents, copyrights and trademarks are all ways to secure intangible assets, but the risks to infringement remain.
Recently on WRIN.tv, Rick Betterley explained how current insurance policies are lacking in IP “theft” coverage. He has now published a full report on the Intellectual Property insurance market.
April 2nd, 2013
WRIN.tv spoke with Rick Betterley, author of the Betterley Report, to get his thoughts on cyber insurance coverage. He concurs with the findings in a recent benchmark report published by Marsh that said more corporate customers are purchasing cyber insurance, and those that have it are buying more. As a relatively new product, many insureds do not have cyber insurance yet, but more and more companies are purchasing coverage.
March 27th, 2013
The threat of cyber-attacks was addressed in the Global Risk Report published at the World Economic Forum in Davos recently. Since then there have been several hi-profile breaches at major news organizations, the U.S. Energy Department, and the Federal Reserve.
It raises the question about the industry's progress in providing effective coverage for cyber risk. We called on Rick Betterley an update. Rick is author of The Betterley Report, which publishes a survey of the CYBER – PRIVACY INSURANCE MARKET.
February 11th, 2013