The Source for Cyber Insurance News, Insights and Data
Mark Sauter Cowbell will acquire data from Cloudflare, a provider of anti-DDOS and other security solutions to a wide range of customers. The integration will allow Cowbell to improve risk modeling and provide pricing breaks to its policy holders. Tapping onto the ecosystem of IT providers used by their policy holders appears to be a key part … Read more
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 department of a UK broker. She’s an example of the growing bench of experienced cyber insurance executives, very much needed by the rapidly expanding industry. … Read more
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 of the individual products they provide.” Find out how to take the survey here.
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 Global Threat Outlook: A Perspective on the Threat Landscape for Q4 2023” — urges re-insurers and those in the ILS markets to consider its findings … Read more
“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 had a stand-alone cybersecurity policy, lower than some estimates but close to a recent survey from Forrester (here). Most respondents who have a cyber insurance … Read more