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
ActZero Security Adds Cyber Coverage From Measured Analytics and Insurance
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,…
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Relay Teams With At-Bay — Brokers to Access “Instant, Bindable” Cyber Insurance Quotes
“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,…
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“Micro” Cyber Insurance Enabled by Blockchain Gets Patent; From CloudCover
“In utilizing blockchain technology for this incremental insurance of ‘data in motion,’ CloudCover is creating a permanent and public record of every micro-policy that is opened and closed. Each micro-insurance…
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Resilience Cyber Closes $80M Series C Round
“The funding round was co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital and Intact Ventures.” Source:…
Use Microsoft 365 and Get Cyber Insurance Discount; Tech Companies Team with Cybersecurity Insurance Providers
Microsoft teaming with At-Bay. Google Cloud previously announced similar collaboration with Allianz and Munich Re. Source: Microsoft’s Ann Johnson Talks MFA, Cyber Insurance, and Crystal Balls – SDxCentral
Cowbell & Sayata Try to Use Integrated APIs to Reduce Manual Underwriting of Cyber Insurance
“The majority of insurance applications submitted through APIs today still result in inaccurate quotes. This triggers the need for manual underwriting and unnecessary delays. Insurance agents and brokers need speed…
“Cyber Risk Exchange” Launched by Cowbell
“Cowbell Rx closes insurability gaps by providing cyber insurance applicants with resources to meet eligibility requirements while also enabling active policyholders to continuously improve their organization’s risk profile. This comprehensive…
Ransomware Losses Are Good for the Cyber Insurance Industry: CyberCube CEO
The attacks are driving better underwriting and higher premiums with sustainable loss ratios, despite media reports of major disruptions and high ransoms. “In a way, the headlines are right —…
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CyberCube Touts Cyber Insurance Tool for Brokers
It addresses the problem of uninformed insurance pros trying to sell or price cybersecurity insurance, as discussed here. “We launched that product just over a year ago now, and it…
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