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Cybersecurity’s Night Out: Resilience and More Take Home Top Zywave Honors

Posted on June 18, 2024June 18, 2024 By Martin Hinton

Zywave, a leading insurtech provider, honored the cyber risk industry’s best individuals and firms at the 11th annual Cyber Risk Awards at Gotham Hall in New York City on Thursday, June 13, 2024. Everyone loves a good party, especially when it comes with awards and recognition for hard work—just ask the cybersecurity professionals who packed the house. Nearly 10,000 cyber industry professionals cast their votes, and the winners were announced at a sold-out, black-tie gala dinner for 480 attendees. INSUREtrust, Arete, Pondurance, Lyra Recovery, Epiq, The Beckage Firm, and CFC sponsored the event. Additionally, 50 of the industry’s top insurance and cybersecurity firms hosted tables in the room.

“We congratulate each winner as well as every nominee,” said Jeff Cohen, Zywave senior vice president. “These awards, determined by a democratic ‘People’s Choice’ voting process, reflect the respect and admiration that industry professionals have for the accomplishments of their colleagues. Special thanks to the thousands who voted as well as everyone who made this night of recognition a success.”

Since 2013, these awards have recognized the people and companies at the forefront of the cyber risk industry’s growth. Five individuals, including our inaugural Cyber Visionary Award and 12 companies, were recognized with awards bestowed during the evening.

The program featured presentations by such industry leaders as Alexandra Bretschneider, John Coletti, Jeremy Gittler, Shannon Groeber, Shiraz Saeed, and Tom Srail.

Below is the complete list of award winners:
Individuals:
  • Cyber Visionary Award: Joshua Motta, Coalition
  • Cyber Risk Industry Person of the Year – The Americas: Gwenn Cujdik, AXA XL
  • Cyber Risk Industry Person of the Year – London/EMEA: Andrew Prendergast, CFC
  • Cyber Risk Industry Person of the Year – Actuary or Modeler: Dr. Stephan Brunner, Munich Re
  • Cyber Risk Industry Person of the Year – Attorney: Carolyn Purwin Ryan, Mullen Coughlin
See also  Cybersecurity Threats Escalate: Microsoft Warns of Increasingly Sophisticated Attacks in 2024
Companies:
  • Cyber Safety & Loss Control Team of the Year: CFC
  • Cyber Claims Team (Insurer or MGA) of the Year: Tokio Marine HCC
  • Cyber Incident Response Team of the Year: S-RM
  • Cyber Newcomer of the Year: IronGate Cybersecurity
  • Cyber Law Firm of the Year: Mullen Coughlin
  • Cyber Technology Provider of the Year: CrowdStrike
  • Cyber Retail Broking Team of the Year: Marsh
  • Cyber Wholesale Broking Team of the Year: INSUREtrust
  • Cyber Reinsurance Broking Team of the Year: Guy Carpenter
  • Cyber MGA of the Year: Resilience
  • Cyber Insurer of the Year: CFC
  • Cyber Reinsurer of the Year: Munich Re
Resilience’s Reaction to Winning Cyber MGA of the Year

Resilience has been honored as Cyber MGA of the Year in the 2024 Zywave Cyber Risk Awards, celebrating the company’s leadership in cyber risk solutions.

Resilience President Mario Vitale expressed gratitude to Intact Financial, HDI, and various partners, highlighting the team’s dedication to creating a data modeling platform that transforms cyber risk management. “Our focus is to drive better outcomes for our policyholders and business partners – and this recognition from our industry peers reflects our passion and dedication,” Vitale stated.

The company’s recent expansions include Technology Errors and Omissions (E&O) coverage and enhanced solutions like Breach & Attack Simulation (BAS) and Cyber Risk Profile Builder. Vitale emphasized the effectiveness of Resilience’s approach, noting that 96% of their Edge clients avoided any claim with incurred costs in 2023.

“Many carriers and MGAs solely focus on selecting the best risks for their portfolio. We go beyond portfolio risk management to the individual account level to help enterprises become cyber resilient,” added Vitale. Resilience’s recognition underscores its commitment to improving outcomes for policyholders and partners, driving innovation in the cyber risk industry.

See also  Cyber Insurers Join NIST to Create New Framework for Cybersecurity Products and Audits; From White House Cyber Summit w/ President Biden and Industry

Source: Zywave Announces 2024 Cyber Risk Award Winners.

Source: Resilience Named Cyber MGA of the Year in 2024 Zywave Cyber Risk Awards.

Other News: Kelly McGuinness Joins CFC Canada as Cyber, Tech, and Professional Liability Development Leader(Opens in a new browser tab)

Cyber Insurance Industry Groups, Cybersecurity Tags:cyber insurance, cyber liability insurance, Cyber Risk Awards, Cybersecurity, Resilience, Zywave

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In this clip from our latest podcast, Dan Candee, CEO of Cork Protection, discusses a critical component of SMB cyber resilience—the evolving role of cybersecurity insurance. Dan highlights the need for nimbleness in cyber coverage, especially for small businesses that often bear the brunt of devastating attacks.

💬 Quote Highlight:
"At the end of the day, my business is to serve the SMB market... who is providing the most value fastest." – Dan Candee, CEO Cork Protection.

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Cyber Insurance for SMBs – What Needs to Change? | Dan Candee Interview
In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

🛡️ With a background in enterprise-level cybersecurity on Wall Street and a personal connection to small business through his family, Dan shares why Cork focuses on protecting small and mid-sized businesses from rising cyber threats.

🚨 "The threat actors are getting better, and they're coming after Main Street more and more."

👉 Discover why Main Street is being underserved in today's digital threat landscape and how Cork is filling that gap with a unique value proposition.

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🎧 Full Podcast Episode: www.youtube.com/@CyberInsuranceNews/podcasts

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
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