Virtual & Augmented Reality: Ready or Not, It’s Here!

In the technology industry, we’re always on the lookout for the next new thing. From social media to gaming to life science, we can always be assured of emerging opportunities to improve our business and personal experiences. On the near-term horizon is the more prevalent use of virtual reality and augmented reality devices for both commercial and leisure activities. “Virtual and Augmented Reality: The Next Major Computing and Communication Platform” authored by OneBeacon Technology Risk Control Specialist Tushar Nandwana is the subject of our latest whitepaper. The whitepaper defines the technology, discusses the brands currently – or shortly – offering VR/AR devices and describes their varied applications. As well, it discusses the risks associated with VR and AR, including inherent limitations and concerns.

To access our complete technology whitepapers library, visit our website.

Click for a Diagnosis: The Emergence of Telemedicine

One of the more exciting opportunities afforded by technology is expanded access to medical expertise. Whether to serve those who live in remote areas or to engage far-flung specialists for second opinions, the advances of medical field are becoming increasingly available through this technology.

Telemedicine: Connecting the Healthcare Continuum” is the subject of our latest whitepaper authored by OneBeacon Technology Risk Control Specialist Norine McVann. The whitepaper defines telemedicine, outlines its current features/services delivered and its emerging usage. It also discusses telemedicine’s drawbacks and exposures.

We invite you to download this whitepaper and share it with those who may be interested in the subject matter. To browse our entire inventory of technology-focused whitepapers, visit our online library. Thanks for your interest!

OneBeacon Technology Expands Capabilities

OneBeacon Technology Insurance has expanded its capabilities by adding media liability and technology professional liability – and dedicated underwriters – to our product portfolio. These business lines were formerly part of our professional insurance division and now enable OneBeacon to offer a unified market with broadened technology solutions. This step also strengthens our service offerings, including cyber risk-assessment, credit monitoring and breach response providers supporting our insureds. To learn more, please feel free to contact Lloyd Takata at: ltakata@onebeacontech.com or David Molitano at: dmolitano@onebeacontech.com. You can also learn more about our expanded capabilities, including a complete look at our industry solutions, products and coverages at: onebeacontech.com.

Wearable Convergence: Where Fashion and Technology Meet

Imagine wearing a jacket that taps you on the left or right shoulder indicating where to turn to reach your destination, or a ring that lights up when you have an incoming call or text message. Well these thoughts are already reality as technology becomes increasingly integrated to clothing and accessories. This emerging trend is the topic of our latest whitepaper titled “Wearable Technology: Function, Fit, Fashion Fun” authored by OneBeacon Technology risk control specialist Robert Morris. In this whitepaper, you will learn how various industries are weaving miniaturized computers into textiles and more to personalize technology. Bob also describes the current challenges such as battery life and privacy concerns, as well as directional opportunities. Even if you can’t see yourself wearing a health-tracking device, we’re confident that you’ll appreciate being aware of the power and functionality delivered through wearable technology.

John Wurzler: Panelist at ACI Cyber & Data Risk Insurance Conference

If you’re attending the American Conference Institute’s Cyber and Data Risk Insurance conference in Chicago this week, we invite you to attend the cybercrime session today, featuring OneBeacon Technology President John Wurzler as a panelist. Titled: “Emerging Perils, New Risks and Cyber Crime Eclipsing Terrorism as the Principal Domestic Threat” the group will discuss new threats, corporate espionage, employee hacks and more. The session begins at 4:50 p.m. Central Time.

Internet protocols: the next generation

These days, most of us take the internet for granted and rely on it for essential information ranging from weather forecasts to social media updates, texting, and online shopping or bill payments. What if the day came when you were unable to connect or had to share your connection, but only one person could be online at a time? Sound farfetched? Think again, as today’s “internet protocol” version (IPv4) is being sorely stretched, paving the way for IP version 6. Understanding these internet communication protocols and the impact of high web penetration is the subject of OneBeacon Technology’s latest whitepaper authored by risk control specialist Jack Morkovsky. Titled, “Comparing IPv4 and IPV6; Like comparing a beach ball to the sun” also addresses the risks faced by web-enabled devices owners and manufacturers to ensure compatibility with IPv6, which was adopted in 2012.

As insurance professionals, it’s important to recognize the broad impact of this new standard, as any technology company involved in R&D and manufacturing that somehow touches the internet must pay attention to these standards. We encourage you to review this paper and share it with your technology clients.

Interested in understanding the SDN trend?

”Software Defined Networking” or SDN is an emerging technology that allows for greater control over a network’s data traffic. Given its inherent benefits to corporate IT functions, increased spending to incorporate this technology is anticipated . As well, in recognition of this networking paradigm shift, new startups, as well as existing firms will enter this market to provide products and associated services to implement and manage SDN. Understanding SDN, its associated benefits and risks is consequently increasingly important. OneBeacon’s Technology Insurance group is pleased to provide you with our dedicated whitepaper on this topic, titled “Software Defined Networking – the Evolution of the Network” authored by risk control manager Tushar Nandwana.

Cyber Risks: What’s Next?

Today, it seems that you can’t browse a news source without stumbling on yet another story about a data breach or security exposure. As the number and style of incidents soar, so do the exposure concerns that insurance providers must contemplate. Industry insights about what future may hold for cyber risk coverages and liability was covered in a recent Insurance Journal article, including quotes from OneBeacon Technology’s John Wurzler and Lloyd Takata.

Team Boomer MVP

Volunteering is a selfless act, and when it involves a life-threatening medical condition affecting kids, it’s a particularly inspirational commitment. This describes OneBeacon Accident’s (OBA) Steve Mueller, who’s volunteered with the Boomer Esiason Foundation (BEF) for years. BEF is a dynamic partnership of leaders in the medical and business communities who volunteer to heighten awareness, education and quality of life for those affected by cystic fibrosis, while providing financial support to research aimed at finding a cure.

Steve’s commitment has been contagious, catching on among his OBA teammates and other friends and colleagues in the industry. His efforts now include serving on BEF’s Board of Directors, and more recently, recognition as the 2014 Timothy M. O’Brien Award recipient presented at BEF’s annual gala fundraiser. With OBA teammates in attendance and Charitable Trust sponsorship, Steve’s success and drive exhibited through his support of BEF and throughout all other aspects of his life were honored that evening.

The Timothy M. O’Brien Award was established in 2003 to honor an original BEF Board member who lost his life in the September 11 terrorist attacks. We congratulate Steve for all he does to help those struggling with cystic fibrosis and for supporting their fight for a cure.

Steve is pictured below with BEF’s founder and namesake, Boomer Esiason.

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