It’s a hackneyed phrase that insurance is a necessary evil. That can’t be said about risk management. Actually, effective risk management enables your business to make better decisions, avoid the typical pitfalls and deliver on its plan. Isn’t that how we all want to manage our business? A great analogy is Formula 1. People often think […]
Life science businesses are facing an increasingly challenging landscape in securing cyber insurance. Cyber-attacks are spiraling in scale, frequency and ingenuity. For example, the volume of ransomware attacks increased by 150% in 2020, while the amount paid by victims of these attacks increased more than 300% in the same period.