Big data increases political risk, says report

The Chartered Insurance Institute (CII) and Cicero Group have launched a report stating that a combination of factors has increased political risk for the insurance industry. The document, Disruptive Influences: Technology, politics and change in the financial sector, listed cyber security, privacy and data protection, automation of labour of services, driverless cars and Fintech among the risks. At the launch event in London, panellists discussed the impact of big data on the insurance sector.