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“‘CISOs think when an event comes, they know exactly what to do. But I would say the majority don’t,’ (Catherine Lyle, head of claims at Coalition) said. ‘Having tabletop exercises…
Interesting overview of the AWS Cyber Insurance Program. The program is part of a trend to link automated security assessments and mitigation to insurance. AWS focuses on companies that already…
Read More “AWS Cyber Insurance Program Demonstrates Growing Fusion of Security Tech & Insurance ” »
Howden, a global insurance broker, has launched a new product that brings together professional indemnity (PI), crime and cyber liability into one policy. The new product, called Howden ProSecure, is…
Read More “Howden Provides a Single Policy to Cover Three Nightmares of Cyber Attacks ” »
When Lloyd’s provided updated guidance and exclusions for nation-state cyber attacks, some industry players and news outlets concluded the organization intended to jettison all such coverage. Not so, Lloyd’s said…
“Over a 12-month research project, researchers from RUSI (Royal United Services Institute for Defence and Security Studies), the University of Kent, De Montfort University and Oxford Brookes University conducted a…
Read More “Conventional Wisdom on Cyber Insurance & Ransomware is Wrong: British Think Tank ” »
From the Cowbell release: “Participation in this initiative demonstrates that Cowbell has deep expertise in serving SME customers with cyber insurance coverage tailored to their unique needs. As an AWS…
Read More “AWS Moves Deeper Into Cyber Insurance-related Services, Adding Cowbell” »
An example from broker Conner Strong & Buckelew: “A key thing to convince the insurance companies to get onboard was having a large retention… We decided to implement a large…
Read More “Joint (Cyber) Insurance Funds (JIFs) For Public Sector Enterprises” »
The report includes a description of the nightmare Laboratory Corporation of America endured after one of its vendors was hacked. You’ve likely heard some of these tips on how to…
Read More “How to Avoid Being on the Hook for Your Vendors’ Inadequate Cybersecurity ” »
The insurance research firm considers the future of the industry, including if a catastrophic attack occurs. “(A) still immature cyber market is rocked by one or more near-term catastrophe events…
Read More “Scenarios for the Future of Cyber Insurance: Report from Conning ” »
“Cyber insurance carriers continued to explore (and pursue) standalone cyber placements in response to increasing pressure by reinsurers to place cyber separately,” Gallagher noted in its new 1st View report….
Read More “Reinsurers Helping Drive Trend of Stand-alone Cyber Insurance Policies: Gallagher Re ” »