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.

New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree

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Coverdash, the insurtech broker, is now offering cyber insurance, and other covers, to start ups and SMBs via LendingTree, the large market place for business and other loans. “This strategic collaboration expands LendingTree’s suite of financial products for small to medium-sized businesses (SMBs), providing them with an efficient and streamlined way to obtain business insurance … Read more

Ruh Roh! Swiss Re Predicts Dramatic Decline in Cyber Insurance Growth Rates

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You needn’t go far to find market projections of dramatic growth for the cyber insurance industry, such as this recent estimate of 22.60%CAGR from 2022 to 2030. Not so fast (pun intended) says Swiss Re in its new report “Reality Check on the Future of the Cyber Insurance Market,” which predicts growth of “just” 8% … Read more

The Next Big Thing in Cyber Insurance? Stand-Alone Insurance Policies for Losses from Using AI

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You’ve seen plenty of reports on how hackers are leveraging AI to commit cyber crimes while insurers are using the technology to improve underwriting and customer service. Now experts report risks from AI are prompting stand-alone cyber insurance policies covering losses by users of the evolving technology, a market Deloitte predicts could grow at a … Read more

“Downtime”& Digital Business Interruption Insurance Offered by Parametrix

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The company now offers “tailored parametric insurance solutions” to protect companies when their IT systems go down, creating business or digital system interruptions. The business interruption insurance follows the July CrowdStrike outages, which created billions in estimated losses from downtime and other consequences of the software snafu. “Enterprise solutions are customized to address the unique … Read more

“The Check’s In the Mail:” Behind the Sinclair Lawsuit Against CCC/CNA and Starr Indemnity

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Check out our detailed report on the cyber insurance lawsuit Fortune 500 company Sinclair Inc. has filed against CCC/CNA and Starr Indemnity, claiming the cyber insurers each owe the broadcaster $10 million for losses from a 2021 ransomware attack. Both insurers deny the allegations, now before a Maryland federal court. But Sinclair’s claims in the … Read more

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