The Source for Cyber Insurance News, Insights and Data
“NetGuard® Select, Tokio Marine HCC – Cyber & Professional Lines Group’s stand-alone personal cyber insurance is rated and underwritten to make it accessible to other classes of risk, according to (company Vice President Kareen) Boyadjian, who pointed out that the minimum annual premium for NetGuard® Select is just $500.” Source: Personal cyber insurance market to … Read more
“Corvus believes it has become the first US cyber insurtech to acquire a London underwriting platform, creating global underwriting capabilities and a partnership with Lloyd’s cyber insurance capacity.”
“(I)ncreases in deductibles, retention, sublimits, and co-insurance on ransomware payments, are making cyber coverage look more like health insurance.” Useful report from @natlawreview with collection of key cyber insurance metrics from Marsh expert @mscheincicclcs… Source: Cyber Insurance to Protect Against Cyberattacks
“Because the market is changing so rapidly, what underwriters require today might look completely different compared to what we may require in 30-days’ time. As such, it’s important for brokers to work with clients to ensure they have baseline standard controls like multi-factor authentication (MFA) in place, and that they get a high-level assessment of … Read more
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