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“The first is company mapping, which is equivalent to a company’s ancestral tree. Understanding parent entities and subsidiaries and how they work together inform cyber integrity. The second type is…
Read More “Risk Quantification in a “Hardening Cyber Insurance Market” ” »
“The new central cyber underwriting team will assume global responsibility for Swiss Re’s underwriting and product development activities in the cyber sector.” The company has hired John Coletti to manage…
Read More “Swiss Re Creates Central Cyber Underwriting Team ” »
The answer in most cases appears to be “no.” “A cyber liability policy could respond to an SEC investigation, depending on the policy’s wording, ‘but there’s a big caveat to…
Read More “SEC Cracks Down on Cyber Disclosures: Does Cyber Insurance Cover Costs & Fines? ” »
“The National Institute of Standards and Technology will work with Microsoft, Google and the insurance industry companies Travelers and Coalition to create a new framework designed to help guide the…
“The Act establishes investigation procedures, data security program standards, and notification requirements for anyone licensed by Wisconsin’s Office of the Commissioner of Insurance (licensees), including insurers and agents. Exempt from…
Read More “Wisconsin Joins Maine and Iowa as Recent Adoptees of New Cybersecurity Insurance Law ” »
Hiscox Ltd (LSE:HSX) lists increasing cyber insurance rates as part of its turn to profitability in the first half of 2021, according to its 2021 interim and Chairman’s statement. “Rate…
Read More “Ramping Cyber Insurance Premiums Help Hiscox Hit Profitability in H1 2021 ” »
The companies are: AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers. The mission of newco CyberAcuView is: “to (1) help the insurance industry provide better value and…