The Source for Cyber Insurance News, Insights and Data
ILS= Insurance Linked Securities, which are financial instruments supporting retrocession, or reinsurance for reinsurers. Verisk surveyed ILS funds on their appetite for cyber insurance. “Thirteen ILS funds, representing nearly $60 billion in AuM, reported they are interested in providing cyber reinsurance protection. Most of them have never done so before. Eight of those funds — … Read more
“The partnership gives Trend Micro’s MSP partners & customers exclusive access to an all-digital, streamlined application process for Prime 100 cyber insurance policies.” Source: Cowbell Cyber Partners with Trend Micro to Offer Improved Access to Cyber Insurance
“NordPass will now be incorporated into Cowbell Rx, Cowbell’s referral platform for cyber security solutions and risk management, as part of the deal. Policy holders will also be offered a 15% discount on NordPass Business.” Source: NordPass teams up with insurance provider Cowbell Cyber to improve security awareness | IT PRO
“‘Cyber insurance is a unique partner in the pursuit of comprehensive digital risk management,’ said Patrick Donahue, Director of Product at Cloudflare. ‘At-Bay is dedicated to incentivizing their customers to adopt effective security measures, and together, customers with both At-Bay cyber insurance and Cloudflare security tools in place are in a strong position to manage … Read more
2022’s increase will be on top of 50% hike in ’21, report says. “But conditions will likely improve for buyers, Risk Strategies CEO John Mina said in the report. ‘Sustained rate increases have attracted new entrants and over time underwriting capacity will expand and rate increases stabilize,’ he said.” Read the useful report here. Source: … Read more