Cyber Insurance Goes to College 

Universities may have weaker security controls than companies of the same size but offer troves of student and research info…”Katherine Mayer, associate vice president for information security at the University of Wisconsin, emphasizes, ‘The nature of higher education demands a collaborative, teaching, learning and research environment routinely based on an open, shared technology. This demand … Read more

London’s Emergin Risk Hires George Paraskeva As Cyber Practice Leader 

“Paraskeva has experience in both cyber insurance and the wider cybersecurity industry, having held senior positions in the insurance market since 2014. Paraskeva previously worked for BAEW Systems’ cybersecurity practice.” Firm also announces promotion, agreement of new binder Source: Emergin Risk taps cyber veteran as practice leader | Insurance Business UK

Marsh Launches Cyber Risk Analytics Center 

“The center will be headed by Managing Director Scott Stransky, a cyber risk and catastrophe modeler. Stransky joined Marsh McLennan earlier this year after more than a decade at AIR Worldwide. He holds a bachelor’s degree in mathematics and a master’s degree in atmospheric science, both from MIT, and his work has been published in … Read more

 $12.5 billion in “Hidden Loss Potential” Overhangs US Cyber Insurance Carriers  

“The study, entitled ‘Spotlight on Cyber: A study of aggregation risk in the US property insurance market,’ noted that sufficient cyber risk is amassing in the market to trigger a one-in-100-year loss of $12.5 billion. The loss is so significant, that the study says it is enough to cause a downward transition of the Best’s … Read more

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