The Source for Cyber Insurance News, Insights and Data
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 — loss ratios have increased. But at a 67% loss ratio for 2020 (according to Aon), one year of losses in line with other typical lines … Read more
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 has been embraced in a way we would never have imagined, and I think the [cyber] broking space is really exciting right now,” he said. … Read more
Makes more sense when you learn the company says it’s passed $160 million in ARR and 800% YOY premium growth. Source: Cyber insurance startup At-Bay raises $185 mln at $1.35 bln valuation | Reuters