Insurtechs outpacing large insurers in using cloud cyber risk data

Cyber attack

Big insurers in the cyber insurance space need to emulate insurtechs in adopting technology that can integrate cybersecurity-enhancing data from cloud providers, according to Monica Shokrai, Google Cloud’s head of business risk and insurance.

Speaking to Insurance Post, Shokrai explained that there is not a common understanding among larger insurers on how to use the “inside-out” data supplied by cloud providers, which can give a clearer

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Five charged over collapse of law firm Axiom Ince

The Serious Fraud Office has charged five men, including two solicitors, with offences including fraud, forgery and the destruction of documents, following the collapse of the law firm Axiom Ince and alleged improper use of more than £60m of client money.

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