Almost three-quarters of insurers believe the insurance sector has failed to show leadership in digital innovation due to regulations, reluctance, and cost, according to a January 2017 survey by Willis Towers Watson (WTW) with Mergermarket. The survey identifies where insurers see the biggest holes in their digital capabilities and reveals how they plan to close these gaps. The respondents cited cost as one factor affecting the lack of meaningful

More than 90% of C-suite executives and board members are making or are considering making changes in their supply chains and international footprints due to the current political and economic environment, according to a July 2017 A.T. Kearney Global Business Policy Council study. C-suite executives see challenges in rising political risks and increasingly populist and protectionist policies in democratic countries. For the second year in a row, respondents also

A rogue employee attempting to make a profit on the Dark Web in 2017 breached the data systems of Bupa, a U.K.-based international health insurer. The employee, who goes under the codename “MoZeal” and who offered the database for sale on Alpha Bay, one of many sites on the Dark Web, has exposed data for 108,000 policies and claims to have information for as many as one million customers.

U.S. insurer Country Financial in July 2017 published its tenth Country Financial Security Index survey. Ten years after the beginning of the 2007 financial crisis known as the Great Recession, nearly 30% of Americans believe they have yet to recover financially or that they never will, despite signals from the Federal Reserve that the U.S. economy is growing. The survey reveals that this is due in large part to