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Specialty insurance broker/risk management advisor TrueNorth Companies selects CyberCube’s Broking Manager platform. “(It) will allow the TrueNorth team to quantify and explain to its clients the sources and financial impact…
Read More “CyberCube Wins New Partner For Broker Solution ” »
“One company, New York-based Parametrix Insurance Services LLC, is targeting businesses hit by a cloud outage. Parametrix sells insurance specifically to mitigate the risks of downtime events, compensating businesses for…
“If Merck eventually winning seems like good news for enterprises in similar policy situations, it is — but with a caveat. The vagaries of the policy meant it took five…
The company’s Global Threat Brief H1-2022 calls out several sectors with significant risk: education, healthcare, manufacturing and utilities. As for specific attacks: “In the first half of 2022, we can…
Read More “Watch Out for SPoF Attacks in 2022, Warns CyberCube in New Report” »
Key execs: Leader of the new division is entrepreneur Bill Meara, who comes from PE player Abry Partners. He’s joined by others including Adam Abresch, EVP of Cyber Solutions and…
The start up’s website promises: “Get covered within 5 minutes.” “Baobab’s financing round was led by Project A Ventures with involvement from La Famiglia, Discovery Ventures and angel investors including…
Read More “German Cyber Insurtech Baobab Raises $4.2m “Pre-Seed” Round ” »
Growth capital provider BGF put in $4.4 million… “The company said it has achieved a 1000% growth on annual recurring revenue since June 2020 and developed partnerships with high-profile insurers…
Read More “KYND, UK Insurtech, Receives Investment from BGF” »
Keep an eye on the role of Managing General Agents/MGAs (brokers with underwriting authority from carriers), says @CyberDanBurke. “Greater adoption of MGA capacity and the willingness of traditional cyber insurance…
“(Beazley Head of Cyber Services Raf Sanchez) explained that this is because many incidents are notifiable not just to regulators but often must be disclosed to clients (who have inserted…
Just raised $4.3m seed round (see investors via link below) “Stoïk works a bit like Coalition in the U.S., except that it doesn’t partner with brokers to distribute its insurance…