Joining the Mad Hatter's Tea Party
The insurance industry is shifting from one portfolio of risk events that it has identified and managed profitably for thousands of years to a new, and significantly different portfolio of risk events: a plethora of cyber risk events that the insurance industry erroneously believes it can successfully identify and manage profitably. Specifically, the insurance industry… Continue reading The Cyber Medium is the Message
One thought : when did the Cyber Age start? It's not just a nice-to-know question. Regardless of when it began, the Cyber Age is enabled by a foundation of five technologies (digitization, mobility, cloud, web, and AI) and their concomitant applications that dramatically changed how society interacts within itself, including conducting (or consuming, if you… Continue reading The Cyber Age: a Few Thoughts
Someone on LinkedIn said that enterprises can become more cyber secure if they identify, choose, and ensure the firms they choose to conduct commerce have “value” and are cyber secure. (That statement triggered this blog post.) However, even systems we believe have value will themselves connect to other systems (which we may or may not… Continue reading The Luxury of Being Cyber Secure Does Not Exist (Now or Ever) in the Digital World of Commerce
Background As some of you know and now those of you who read this post will know, I'm writing a 2nd book. I have a tentative title which I really like but won't share until I begin drafting in 2Q24. I'm striving to provide value to the insurance industry with the focus being on cyber… Continue reading Cyber Insurance Issues: My 2nd Insurance Book Project [Updated November 13, 2023]
Some people have asked me what my book is about. To answer that question, I thought it would be helpful to introduce myself and why I wrote the book as well as provide my three objectives for writing the book and the titles of the major sections inclusive of descriptions of each section. https://www.amazon.com/Stone-Tablets-Satellites-Relationship-Technology/dp/0578081431/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1658638720&sr=1-1 But… Continue reading Stone Tablets to Satellites: Introducing – Myself, The Book’s Objectives, & Major Sections
There is a great deal of investment activity in the insurance industry. Hundreds of startup firms, insurance and technology firms, have come - and continue to come - to the insurance market. I distinguish the two types of startups by using a very straightforward - and I believe a black-and-white legal - perspective: if a… Continue reading Technology Can Not Replace Insurance Brokers
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