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“Specifically, the proposal would: ● Require advisers and funds to adopt and implement written policies and procedures that are reasonably designed to address cybersecurity risks; ● Require advisers to report…
Company rebounded in 2021 after 2020 loss due in part to claims for COVID-related event cancellations. “Beazley…had a combined ratio – a key measure of an insurer’s profitability – of…
Read More “Cyber Insurance Helps Beazley Get Back to Profitability? ” »
“FI CyberCrime Plus, which is focused on banks with balance sheet assets of $10 billion to $100 billion, anticipates limits of $25 million to $35 million, according to the broker.”…
Read More “New Aon Product for Banks Combines Cyber, Crime & Professional Liability ” »
Law firm Lowenstein Sandler warns: “If these subrogation actions ‘stick,’ policyholders should expect that once a cyber claim is paid by an insurer, that will not be the end of…
Read More “Cyber Policyholders Better Plan Ahead for Subrogation Actions Following a Hack ” »
“‘Hard market’ insinuates that we’re in a cyclical market right now, but the product is only just in its adolescence,’ (Lindsey Nelson, cyber development leader at CFC Underwriting) said. ‘It’s…
2022’s increase will be on top of 50% hike in ’21, report says. “But conditions will likely improve for buyers, Risk Strategies CEO John Mina said in the report. ‘Sustained…
Specialty insurance broker/risk management advisor TrueNorth Companies selects CyberCube’s Broking Manager platform. “(It) will allow the TrueNorth team to quantify and explain to its clients the sources and financial impact…
Read More “CyberCube Wins New Partner For Broker Solution ” »
“’Coming off a very successful first year in the market, this is an excellent time to put our money where our mouth is and take a share of the risks…