Brokers Can Go From 5 to 20 Cyber Insurance Quotes a Day, Claims At-Bay CEO
Also says company has been able to reduce number of ransomware claims seven fold. Source: “Half of our DNA is cyber security” – CEO | Insurance Business America
Also says company has been able to reduce number of ransomware claims seven fold. Source: “Half of our DNA is cyber security” – CEO | Insurance Business America
ActZero (which raised $40m in March) offers an MDR (managed detection and response) platform that “combines antivirus protection, endpoint detection and response. Measured Analytics and Insurance(‘s)…standalone cyber insurance product, CyberGuard, backed by Lloyd’s syndicates, is targeted at businesses with up to $500 million in revenue, and is available in all 50 states.” The partnership reflects … Read more
Be ready to detail how you handled well-known vulnerabilities in 2021. “Every application nowadays includes questions like: Have you had any exposure to SolarWinds, Microsoft Exchange Marauder vulnerability, or the Windows Print Spooler vulnerability? They go through basically a list of the top events that we heard about this year and ask clients if they’ve … Read more
“The company explained it will no longer cover losses resulting from ‘cyber-war,’ which it defined as a cyber-operation carried out as part of a war, any retaliatory attacks between specified states, or a cyber-operation ‘that has a major detrimental impact on the functioning of a state.’” Source: Lloyd’s Carves Out Cyber-Insurance Exclusions for State-Sponsored Attacks … Read more
“The Relay I5 platform allows insurance brokers to visually structure placements, rapidly identify and approach the most relevant markets, and access tools to help increase win rates. At-Bay offers instant, bindable Cyber quotes via API up to $3 million in limits for businesses up to $100 million in revenue. At-Bay Cyber policies provide broad first- … Read more