InView - Autumn/Winter 2015

Welcome to the second issue of InView where we focus on the highly topical and hugely important issues surrounding technology, including cyber risks.

Welcome to the second issue of InView where we focus on the highly topical and hugely important issues surrounding technology, including cyber risks.

As you will see from our in-depth analysis, technology and cyber issues impacting the sector are diverse, extensive and thought-provoking.

In our lead feature, we are grateful to Ashton West OBE, chief executive of the Motor Insurers’ Bureau (MIB) for sharing his wide-ranging knowledge and opinions on how technological advances are revolutionising the insurance market.

The cyber threat to UK business cannot be overstated and in his article Ed Lewis provides his thoughts on the action the UK government needs to take, and the need for insurers to develop more refined policies.

Also in this issue, Mickaela Fox explains why there is no silver bullet solution to cyber crime, and Sean Crotty examines the implications of sweeping changes to data protection legislation in the age of Big Data as well as accessibility of data now and in the future.

You can also find out about latest developments from our Market Affairs Group, Market Watch. Charles Phipps provides a technical and an informative update on recent developments in the law of confidentiality and read Bavita Rai’s take on the judicial decision that will enable three Britons to sue US-based Google over a high profile cookie privacy violation.

In other articles, Phil James reveals some disturbing truths about the vulnerability of ports and vessels to cyber attack, Victoria Coleman examines how technology is changing catastrophic injury claims management, and Mark Landon evaluates the impact of social media on businesses.

As part of Weightmans’ ongoing commitment facing all sections of the insurance industry, from motor and personal injury, to the reinsurance and Lloyd’s markets, and everything in between, Weightmans have invited you to participate in a survey exploring the extent to which the insurance and reinsurance markets are prepared and protected for the challenges facing the business world in light of the technological advances and cyber risks. We will be sharing the results of our survey later this Autumn.

We hope you enjoy the read. Please contact us if you have any questions regarding any of the articles we have included in this issue. We look forward to hearing from you on the topic, either directly or in response to our survey. Your views are important to us and we welcome your feedback.

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