Cyber Insurance Tech

A Good Cyber Report Card Can Earn Companies Insurance Discounts: SecurityScorecard & Measured Analytics

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SecurityScorecard generates the equivalent of a credit score for a company’s cyber security (see below). Measured Analytics and Insurance will use (good) cyber scores to provide coverage discounts, as well as identify needed security improvements. This marks another partnership between insurance carriers and security tech providers, from assessment specialists such as SecurityScorecard to vendors of … Read more

Cowbell Integrates with Cloudflare

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Cowbell will acquire data from Cloudflare, a provider of anti-DDOS and other security solutions to a wide range of customers. The integration will allow Cowbell to improve risk modeling and provide pricing breaks to its policy holders. Tapping onto the ecosystem of IT providers used by their policy holders appears to be a key part … Read more

Cowbell Rings in UK Expansion

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The provider of “Adaptive Cyber Insurance” has launched its first UK-specialty product and hired Catherine Aleppo as its new sales director for the country. Aleppo previously led the cyber insurance department of a UK broker. She’s an example of the growing bench of experienced cyber insurance executives, very much needed by the rapidly expanding industry. … Read more

Zurich Acquires Cyber Risk Company; Another Example of the Fusing of Cyber Insurance & Cyber Tech

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Zurich buys SpearTip to bolster its cyber risk and mitigation services to customers. “‘Both Zurich Resilience Solutions and SpearTip share a commitment to helping businesses anticipate and prevent cyber threats while being ready to respond when an attack occurs,’ said Tom Fioretti, Head of North America Zurich Resilience Solutions. ‘The acquisition of SpearTip represents a further … Read more

Cyber Security Insurance Industry Moves (Carefully) Toward AI 

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No doubt the major insurtech players (and, of course, the hackers) have a good start on leveraging AI for their business challenges. This report covers some of the areas AI will impact in the short term. “AI automation could make the claims filing, evaluation, and settlement processes more efficient. ‘Algorithms that use machine learning can … Read more

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