Cyber Insurance Carriers & Brokers

Consortium of Leading Cyber Insurance Carriers Creates New Company to Coordinate on Cyber Market

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The companies are: AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers. The mission of newco CyberAcuView is:  “to (1) help the insurance industry provide better value and service for policyholders in their cyber risk mitigation; (2) provide leadership in addressing cybercrime and increasing resilience to cyber risk; and (3) help ensure a … Read more

Cybersecurity Increasingly Important for Credit Ratings: S&P 

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Yet another dimension of the cyber threat is the impact of public and commercial enterprise cybersecurity on credit ratings. “At S&P Global Ratings, we have seen more credit-relevant cyber events in the last six months than in the previous six years, and we routinely reflect on recent cyber developments to sharpen our focus and to … Read more

Cyber Insurers Need to Protect Themselves First

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We’ve all heard a flight attendant tell passengers to don the emergency air mask first before they try to help others. The same concept holds for cyber insurance companies, some of which have been struck hard by hackers. “It is imperative that not only we protect with modern technology and innovation needed in this market, … Read more

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