Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

Some Cyber Insurance Professionals Don’t Really Understand What They’re Underwriting or Selling: CII Survey 

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A July 2021 survey by the Chartered Insurance Institute (CII) highlights a lack of training among insurance personnel involved with cybersecurity policies. “Almost six out of 10 insurance professionals polled said they had not received any training about cyber risk even though they were involved with pricing or underwriting policies related to cyber risks:” says … Read more

New Personal Cyber Insurance Offered by Connected Insurance & Swiss Re 

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Most consumers don’t know personal cyber insurance is available, according to the team behind “The Digital-Life Insurance.” The solution includes an AI chatbot to create a digital fingerprint of customers and help them reduce their cyber risk. The team claims its personal cyber insurance product is “relevant, affordable and easy to purchase.” CIN will follow … Read more

Ramping Cyber Insurance Premiums Help Hiscox Hit Profitability in H1 2021 

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Hiscox Ltd (LSE:HSX) lists increasing cyber insurance rates as part of its turn to profitability in the first half of 2021, according to its 2021 interim and Chairman’s statement. “Rate strengthening is particularly prominent in cyber, where we have seen an average rate increase of 20%, primarily in response to the increased frequency and severity … Read more

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