The Source for Cyber Insurance News, Insights and Data
AWS will now share security data of companies it serves when they request to be connected with cyber insurance brokers and insurers. The members of this ecosystem predict it will cut the time to obtain cyber liability insurance from weeks to days and potentially offer discounts of up to 15%. “Through AWS’s Cyber Insurance Competency … Read more
Ascot will use Zywave’s ClarionDoor technology, an “API-first rating, quoting and issuance platform for admitted and E&S insurance accounts.” Insurtech Zywave provides platforms to connect insurers and agents/brokers. Read the release here. The announcement does not focus on cyber, but Ascot offers that line, which is a major focus of Zywave. Ascot Insurance is a … Read more
In today’s digital age, cyber threats loom large, affecting businesses and individuals alike. While companies employ multiple layers of security to safeguard their operations, consumers often find themselves with limited recourse when it comes to cyber incidents. Usually, getting assistance only after a data breach or identity theft has occurred. Recognizing this vulnerability, TransUnion (NYSE: … Read more
Formerly known as Paladin Cyber, Upfort has raised $8 million from SYN Ventures, with participation from Eniac Ventures and Fika Ventures (Upfort seed investor). Valuation was not disclosed. The company describes itself as a cyber security and insurance platform that can improve underwriting for cyber liability insurance. “Upfort’s proprietary cybersecurity technology streamlines the cyber insurance purchase and underwriting process … Read more
The world’s largest public P&C insurance company, ticker “CB,” will enable $its 100m+ revenue clients to share cyber risk information via SentinelOne’s protection and response software. This is another example of insurers teaming with pure-play cybersecurity providers to increase the security of policy holders and improve underwriting and response. “‘The incorporation of SentinelOne’s endpoint protection … Read more