In today’s top Europe, Middle East and Africa (EMEA) news, tech company initial public offerings (IPOs) collect $8.8 billion in 2021 to set a record while SaaS company BigCommerce expanded into Germany, Mexico and Spain. Plus, Nigerian brokerage app Bamboo has raised $15 million to...
Lloyd’s of London, the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations...
Lloyd’s of London is looking into its auto coverage options to prepare for the impending rise in driverless technology. Chief Executive Officer John Neal said that the 330-year-old insurance market is in discussions with automakers about different policies as car ownership changes. He said that...
That cybercrime is a growing — and increasingly expensive — concern is not news at this point. But, according to the risk experts over at Lloyds in London — the risk posed by a major cyberattack could be much steeper than most of us are...
October 18, 2023
A report found that a major payment system cyberattack could cost $3 trillion. The report, “Illuminating cyber crime,” was published Wednesday (Oct. 18) by insurance marketplace Lloyd’s of London and the Cambridge Center for Risk Studies, which researches systemic threats. It said that even the least severe scenario would lead to a five-year economic loss […]
March 02, 2020
Lloyd’s of London, the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is...
June 18, 2019
Lloyd’s of London is looking into its auto coverage options to prepare for the impending rise in driverless technology. Chief Executive Officer John Neal said that the 330-year-old insurance market...
July 17, 2017
That cybercrime is a growing — and increasingly expensive — concern is not news at this point. But, according to the risk experts over at Lloyds in London — the...