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Fitch Ratings predicts 2023 will be another strong year for the industry. Though premium-rate increases continue to decelerate, demand remains high, building on trends over recent years. “Fitch estimates industry…
Read More “Cyber Insurance is Our Business & Business is Good” »
[paywall may apply] AIG, Berkley One, Chubb, Cincinnati Insurance Cos., PURE Insurance and State Farm offer personal cyber insurance add-ons to homeowners/renters insurance. Stand-alone policies are also available from various…
“Cyber insurance will undergo an identity crisis,” says the Financial Services Information Sharing and Analysis Center (FS-ISAC), the cyber intelligence-sharing community for financial services. “(S)ome financial sector firms are beginning…
Read More “Financial Sector Chafes at Cyber Insurance Costs & Requirements: Industry Report ” »
“Astaara’s cyber insurance covers ports and terminals, as well as ships, shipowners and ship managers. The insurance is led by A-rated cyber insurance industry leader Axis Specialty Europe SE, with…
The insurance pro will also oversee data science at the firm, which like its competitors must prove able to fuse insurance industry acumen with cutting-edge technology. “(I)n his new role…
For reference, our post on “Skinny Cyber Insurance” for smaller companies with limited cybersecurity resources that need to prove coverage to their supply chain partners. “’The coverage that these companies would…
Read More “A Step toward “Skinnier Cyber Insurance?” Marsh Lowers Threshold for Cyber Coverage” »