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“The cyber insurance provider leased the entire eighth floor of the 12-story Flatiron District (W. 24th) building, according to Kaufman. The landlord didn’t disclose the length of the lease, but…
Read More “ At-Bay Spending Some of Last Summer’s $185m D Round on Office Space” »
ILS= Insurance Linked Securities, which are financial instruments supporting retrocession, or reinsurance for reinsurers. Verisk surveyed ILS funds on their appetite for cyber insurance. “Thirteen ILS funds, representing nearly $60…
Read More “How Can the Cyber Insurance Market Increase Capacity? It’s Spelled I-L-S, Says Verisk” »
Insurers have been tightening their war exclusions and clarifying attribution requirements, especially after the recent court win by Merck over reimbursement of its losses from 2017’s NotPetya malware attack. “However,…
Read More “Cyber Insurers Unlikely to Face Major Losses from Russia/Ukraine War: DBRS Morningstar” »
The new report goes beyond the growing media and PR generalities on this topic. It includes specifics on types of potential attacks and other actionable data. It also provides context…
Coalition is no doubt already on the radar of Moscow-linked hackers and this move seems sure to attract more attention. Given the modern networked nature of war, and the way…
Article includes a cyber insurance application highlighting legacy software… “Insurers determine whether an SME is worth the risk by assessing where there are sufficient security controls and patching strategies in…
Read More “Can Microsoft Exchange Server Be A “Pre-Existing Condition” For Cyber Insurers? ” »
“This new partnership with Duck Creek will bring tangible benefits to the users of Duck Creek’s policy underwriting platform. Prior to the integration, underwriters were making decisions without access to…
Law firm Pomerantz LLP says it’s “investigating claims on behalf of investors of Sinclair Broadcast Group, Inc…The investigation concerns whether Sinclair and certain of its officers and/or directors have engaged in…
Cyber insurers reject claims for damage caused by cyberwarfare. But what is “cyberwar”, really? As Russia-Ukraine conflict heats up, CIOs need an answer. Source: Cyber Insurance’s Battle With Cyberwarfare: An…
“The ISO Cyber Insurance Program is part of Verisk’s Cyber Solutions Suite, an end-to-end ecosystem that can help insurers and reinsurers more quickly deliver new cyber programs or enhance existing…