Guardz Raises $18 million A-Round to Turn MSPs into Cyber Insurers

There are plenty of tech companies that provide cybersecurity platforms to MSPs and a number of cyber liability insurance providers who work with MSPs. Guardz is combing the two services. “Guardz’s comprehensive cybersecurity protection enables MSPs to offer their clients cyber insurance, which was previously inaccessible due to a lack of cybersecurity controls, generating an … Read more

AWS Takes Next Step in its Cyber Insurance Program with Leading Cyber Brokers & Carriers

AWS will now share security data of companies it serves when they request to be connected with cyber insurance brokers and insurers. The members of this ecosystem predict it will cut the time to obtain cyber liability insurance from weeks to days and potentially offer discounts of up to 15%. “Through AWS’s Cyber Insurance Competency … Read more

Ascot Insurance to Use Zywave Platform for Inland Marine Quoting and Underwriting

Ascot will use Zywave’s ClarionDoor technology, an “API-first rating, quoting and issuance platform for admitted and E&S insurance accounts.” Insurtech Zywave provides platforms to connect insurers and agents/brokers. Read the release here. The announcement does not focus on cyber, but Ascot offers that line, which is a major focus of Zywave. Ascot Insurance is a … Read more

Navigating the Uncharted Waters of Cyber Catastrophes: Chubb’s Approach

In an era dominated by technology, the specter of a cyber catastrophe looms large, posing a threat not fully comprehended. Companies are racing to bolster cyber resilience, and insurers are crafting solutions to these escalating risks. In the Q&A, shared by Chubb, Michael Kessler, Vice President, Chubb Group and Division President, Global Cyber Risk, discusses … Read more

Coalition Launches Active Cyber Insurance in Australia to Fortify Digital Defenses

Coalition, a pioneer in active insurance designed to preempt digital threats, unveiled its Active Cyber Insurance products in Australia. These products go beyond mere risk transfer, serving as an innovative solution tailored for the digital age. They collaborate with organizations to analyze cyber risk profiles, bolster their defenses, and avert future attacks. The need for … Read more

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