Cowbell Cyber Touts Customer Numbers
The pure-play insurtech Cowbell Cyber, which offers what it calls the “first continuous underwriting platform for cyber insurance,” has become a well-known brand in the cyber insurance sector since its…
SEC Cyber Incident Disclosures Show Confusion on “Materiality,” Limited Info on Cyber Insurance and Unexpected Whistleblowers
It’s been a year since public companies had to start complying with new SEC cyber incident disclosure rules requiring Form 8-Ks for “material” cyber events. Law firm Paul Hastings has…
The Growing Importance of Actuaries in Cyber Insurance & Cybersecurity
Actuaries get teased for what some outsiders see as a boring job. But a new report makes clear that actuaries are increasingly part of the interesting, sometimes even exciting, world…
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EU Gives Itself Passing Grade, Barely, on Cybersecurity — New Report from European Union Agency for Cybersecurity (ENISA)
The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of…
EU Countries Blow Off New Cyber Security Regulations & European Commission Is Not Pleased
The European Commission has launched “infringement procedures” against a majority of its member states for failing to meet an October deadline to enact EU cyber security regulations. The regulations come…
Cyber Re/Insurance Market To Grow Rapidly with Sustained Margins: S&P Global Ratings
Cyber insurance premiums will grow “15% to 20% per year to a total of about $23 billion by the end of 2026, up from about $14 billion at the end…
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New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree
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…
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Ruh Roh! Swiss Re Predicts Dramatic Decline in Cyber Insurance Growth Rates
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…
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The Next Big Thing in Cyber Insurance? Stand-Alone Insurance Policies for Losses from Using AI
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…
“Downtime”& Digital Business Interruption Insurance Offered by Parametrix
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…
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