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“‘Hard market’ insinuates that we’re in a cyclical market right now, but the product is only just in its adolescence,’ (Lindsey Nelson, cyber development leader at CFC Underwriting) said. ‘It’s…
2022’s increase will be on top of 50% hike in ’21, report says. “But conditions will likely improve for buyers, Risk Strategies CEO John Mina said in the report. ‘Sustained…
Specialty insurance broker/risk management advisor TrueNorth Companies selects CyberCube’s Broking Manager platform. “(It) will allow the TrueNorth team to quantify and explain to its clients the sources and financial impact…
Read More “CyberCube Wins New Partner For Broker Solution ” »
“’Coming off a very successful first year in the market, this is an excellent time to put our money where our mouth is and take a share of the risks…
“’In most instances, having standalone cyber coverage has proven to provide the most comprehensive coverage in the cyber realm’ and insurers have made an effort to eliminate so-called ‘silent’ cyber…
Read More “Insurers & Lawyers for Policy-Holders Alert for “Silent” Cyber Coverage ” »
“One company, New York-based Parametrix Insurance Services LLC, is targeting businesses hit by a cloud outage. Parametrix sells insurance specifically to mitigate the risks of downtime events, compensating businesses for…
“If Merck eventually winning seems like good news for enterprises in similar policy situations, it is — but with a caveat. The vagaries of the policy meant it took five…
The company’s Global Threat Brief H1-2022 calls out several sectors with significant risk: education, healthcare, manufacturing and utilities. As for specific attacks: “In the first half of 2022, we can…
Read More “Watch Out for SPoF Attacks in 2022, Warns CyberCube in New Report” »
Key execs: Leader of the new division is entrepreneur Bill Meara, who comes from PE player Abry Partners. He’s joined by others including Adam Abresch, EVP of Cyber Solutions and…
“New Jersey Superior Court Judge Thomas J. Walsh ruled Jan. 13 that Merck’s insurers can’t claim the war exclusion because its language is meant to apply to armed conflict. The ruling…