Cyber risk analytics firm Cyence and specialty insurance market Lloyd’s of London in July 2017 published a joint report that explores the financial impact on insurers of two specific cyber scenarios in terms of dollars and probabilities. Cyence’s economic modeling platform for cyber risk identified and quantified the potential outcomes that could affect insurance companies’ cyber portfolios. The report focused on two increasingly common cyber events: a cloud service provider
Vaccines manufacturer Sanofi Pasteur in July 2017 announced that its first doses of its range of influenza (“flu”) vaccines for the 2017-2018 flu season have been released by the U.S. Food and Drug Administration (FDA). Shipments will begin in early August to support fall immunization campaigns. According to the U.S. Centers for Disease Control and Prevention (CDC), the single best way to prevent the flu is to get an
Lockton Chairman David Lockton in July 2017 announced that Vice Chairman Ron Lockton will expand his role to become President and CEO of Lockton. He succeeds Glenn Spencer, who has resigned effective immediately. Ron Lockton will work closely with David Lockton, U.S. President Peter Clune, International CEO Neil Nimmo, and Lockton leaders around the world. Ron Lockton joined Lockton Companies in 1990 after working with Aetna as a casualty
Cheryl H. Johnson in July 2017 was appointed Chief Human Resources Officer (CHRO) and a member of the executive office at Caterpillar, reporting to CEO Jim Umpleby. Johnson has more than 20 years of experience in HR leadership positions. Most recently, she was executive vice president of human resources for Textron, a very large global and diversified manufacturing company. Her 20-year career with Textron has included a number of