The insurance wildcard

‘The role of computer software has changed radically over the last decade, expanding into virtually every area of life. It s found in medical devices, cars, communications systems, hospitals, aeroplanes, next-generation payment cards, business supply chains, enterprise management systems and household appliances. According to Jeffery Payne , president, chief executive and co-founder of software risk management company Cigital, this means software is bleeding into every system that is insured, presenting a unique risk to underwriters.