The Source for Cyber Insurance News, Insights and Data
Antigen Security has partnered with Integrated Business Systems (IBS) to launch a new Cyber-Insurance Savings Program, helping financial firms reduce their cyber insurance costs. At the same time, they improve resilience against digital threats. Antigen Security’s CEO Steven Legg added, “Together we streamline underwriting and improve claim outcomes while lowering total cost of risk.” Program … Read more
A modern network works like a high-rise office. Guards secure the lobby doors. Interior floors and suites still need locks. Microsegmentation installs those interior locks across digital hallways. It limits intruder movement and speeds containment when trouble starts. It also improves terms for cyber insurance premiums and is increasingly part of the underwriting process. That … Read more
There’s a silver lining for organizations investing in cloud security. Cloud-first organizations now have a path to significant savings on cyber insurance. Antigen Security, LLC and Orca Security announced a strategic partnership that allows companies to qualify for 20–60% premium reductions. The move leverages Orca’s agentless Cloud-Native Application Protection (CNAPP) to deliver full-stack cloud-risk visibility. … Read more
New Estimates of Cyber Insurance Market Size – We like to keep up to date on analysis of the size and growth of the cyber insurance market. Days ago Gallagher, the large cyber insurance broker, reported the cybersecurity insurance market is projected to surge from $16.66 billion in gross written premiums in 2023 to $120.47 … Read more
The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more