The Source for Cyber Insurance News, Insights and Data
We’re sorry to paraphrase Yogi Berra about predictions, but he’s right. According to the report, the first cyber policy was offered by AIG in 1997. “’It’s going somewhere, what we struggle with is predicting exactly where that will be,’ (McGill & Partners partner Shannan) Fort said. ‘Just look at the last 10 years and new … Read more
The list: Hiscox: Best for Startup Businesses Zurich North America: Best for Midsize Businesses Chubb: Best for Enterprises Travelers: Best Cyber Liability Coverage The Hartford: Best for High Policy Limits Worth noting are the customer ranking scores each company has on Trustpilot. While Hiscox has earned 3.7 out of 5 stars, the other carriers show … Read more
“’Corvus is the trusted, long-term cyber risk partner for our policyholders. We are constantly monitoring emerging threats and using the signals and data we have to recommend actionable measures to prevent cyber attacks,’ said Lauren Winchester, Global Head of Risk Advisory at Corvus Insurance. ‘This endorsement incentivizes meaningful engagement with Corvus, which in return allows … Read more
See the AWS insurance site here. “Amazon Web Services is diving headfirst into the cyber insurance industry by launching a new program that guarantees customers a security insurance quote within two days, tied with massive revenue opportunities for the channel. ‘I call this an industry-shaping moment,’ AWS’ Ryan Orsi, worldwide head of cloud foundations for … Read more
Chubb calls itself the “world’s largest publicly traded property and casualty insurance company” and it’s now making a significant move involving stand-alone cyber insurance. “Chubb has launched Cyber Central, an innovative quoting platform designed for agents and brokers who specialize in cyber risks. This cutting-edge platform simplifies and enhances the process of quoting and issuing … Read more