Articles by Elizabeth Blosfield

Elizabeth Blosfield is Deputy Editor for Carrier Management. She can be reached at eblosfield@wellsmedia.com.

The U.S. Cyber Trust Mark and the Power of Collaboration

As cyber threats continue to grow, guests on the latest episode of The Insuring Cyber Podcast say that collaborations between the public and private sector are becoming even more vital. “Probably the most urgent driver of cooperation is the continuously …

What to Know About the Proposed U.S. Cyber Trust Mark

With cyber attacks continuing to grow and new risks emerging, The Biden-Harris Administration in July announced a cybersecurity certification and labeling program to help U.S. consumers more easily choose smart devices that are safer and less vulnerable to cyber attacks. …

Insuring the Future: How Gen Z Digital Natives Are Transforming Insurance

Generation Z insurance consumers – or those born between roughly 1997 and 2012 – want the insurance process to be authentic, honest, and immediate. That’s according to guests on The Insuring Cyber Podcast’s quarterly InsurTech update episode. “Gen Z really …

Understanding the Domino Effect of Cyber Accumulation Risk

While technology is continuing to evolve and provide many benefits to insurers and their customers, one concern is that growing connectivity and dependence on technology means a single cyber event could simultaneously impact a large number of businesses. This is …

Be Kind, Rewind: How a Blockbuster-Era Law Is Still Being Used in Data Privacy Disputes

A 1988 law regarding video rentals is still affecting the legal, and even the insurance and technology landscape, today. The Video Privacy Protection Act was enacted in 1988 after judge and U.S. Supreme Court nominee Robert Bork found that a …

Collaboration is Key for InsurTechs in a Challenging Environment

On this episode of The Insuring Cyber Podcast, two InsurTech CEOs shared their perspectives on InsurTech’s role in the insurance industry, and both agreed that disruption was never the goal. Rob Schimek, CEO of bolttech, and Rick McCathron, CEO of …

Branch CEO Lekas Announces Layoffs, Cites Inflation, Loss Costs

Branch Insurance has conducted a round of layoffs, according to a June 8 LinkedIn post by co-founder and CEO Steve Lekas. Lekas did not announce the number of employees who were let go, but cited “ongoing challenges facing the insurance …

Navigating the Unknowns with Chatbots and Insurance

Insurers are in the risk business, but how prepared are they for the risks presented by generative AI and chatbots in insurance? On this episode of The Insuring Cyber Podcast, Tim Johnson, partner at law firm Browne Jacobson, discussed how …

Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market

Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld conference, held this year in Atlanta, but the industry is beginning to see a light …

Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market

Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld conference, held this year in Atlanta, but the industry is beginning to see a light …