Marsh Appoints Sir Iain Lobban Senior Adviser, Cyber Risk

Marsh have announced the appointment of Sir Iain Lobban KCMG CB, former Director of the UK security and intelligence organisation GCHQ, as Senior Adviser on Cyber Risk. In the newly-created role, Sir Iain will provide strategic advice as Marsh works with governments, regulators and clients on how best to address the growing threat of cyber risk. He will report to Mark Weil, CEO, Marsh UK & Ireland and join Marsh’s global Cyber Centre of Excellence.

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Verisk Releases Industry's First Cyber Exposure Data Standard

Verisk Analytics have announced that it has released the industry's first global cyber exposure data standard. This standard will help create a uniform method for data transfer across the insurance value chain. Verisk's catastrophe modeling business AIR Worldwide has also developed a preparer's guide to assist companies in collecting and storing the necessary cyber exposure data in an open format suitable for modeling.

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