Cowbell Rings in UK Expansion
The provider of “Adaptive Cyber Insurance” has launched its first UK-specialty product and hired Catherine Aleppo as its new sales director for the country. Aleppo previously led the cyber insurance…
Got an Opinion on the Best UK Cyber Insurers? You’ve Got 10 Days to Vote in this Survey
Insurance Business UK says: “Companies will be assessed based on the strength of their relationships with brokers, their ability to handle claims, their underwriting expertise and, most importantly, the strength…
Cyber Insurance Industry to be Tested This Year by Cyber War Exclusions: CyberCube
The risk analytics provider to the cyber insurance industry warns about scenarios that could impact the already confused world of cyber war risk and exclusions. Its new report — “CyberCube’s…
Read More “Cyber Insurance Industry to be Tested This Year by Cyber War Exclusions: CyberCube” »
Some IT Pro’s Confused About Their Cyber Insurance: InformationWeek Survey
“12% (of 180 IT/cybersecurity professionals surveyed in June) had no idea whether ransomware is covered at all” in their cyber insurance policies.” About 28% of the respondents said their company…
Read More “Some IT Pro’s Confused About Their Cyber Insurance: InformationWeek Survey” »
Gap Opening Between D&O and Cyber Insurance
“’There’s been a hole that’s opening up between cyber and D&O policies, and this will widen the gap and require creative work by brokers to close, (Arturo Perez-Reyes, senior vice…
Cyber Insurers Doing Well, Cyber Reinsurers Not So Much: S&P
Consistent with other recent reports, S&P Global Ratings finds global cyber insurance premiums surging, about $12 billion last year and headed to almost twice that by 2025. At the same…
Read More “Cyber Insurers Doing Well, Cyber Reinsurers Not So Much: S&P” »
Cyber Insurance May Cost More this Year, But at Least it Takes Longer to Get: Delinea
Our headline is a bit sarcastic, but it captures the findings of a survey covering more than 300 enterprises by Delinea, a provider of Privileged Access Management (PAM) solutions. The…
Read More “Cyber Insurance May Cost More this Year, But at Least it Takes Longer to Get: Delinea” »
Does Your Cyber Insurance Cover Risk from Pixels & Biometrics?
It should but may not, according to this report. There’s legal risk from pixels and biometrics. Pixels track users’ online activities and are the source of growing litigation, including large…
Read More “Does Your Cyber Insurance Cover Risk from Pixels & Biometrics?” »
Only a Quarter of Enterprises With Cyber Coverage Have Standalone Policies?
So says a new Forrester report. “While Forrester data showed that most enterprises had some kind of cyber insurance coverage, only 26% had a standalone policy.” Read more here. This…
Read More “Only a Quarter of Enterprises With Cyber Coverage Have Standalone Policies?” »
Converge Insurance Lands $15 million A-Round from Forgepoint Capital
It’s another example of cyber insurance investment by VCs into emerging insurtech companies that aim to combine cybersecurity and insurance expertise. “This funding will enable us to expand our outreach…
Read More “Converge Insurance Lands $15 million A-Round from Forgepoint Capital” »