The Source for Cyber Insurance News, Insights and Data
“Mosaic has announced it will be underwriting primary cyber insurance globally, offering US$20 million in capacity across its network of underwriting hubs…Yosha DeLong, global head of cyber at Mosaic, says: ‘We’re excited to offer a primary cyber insurance solution across all Mosaic’s underwriting regions. We have always had the vision of being a primary solution … Read more
Reported the company: “Over the last two years, the Resilience model has proven that by building a holistic approach to managing this risk, organisational security is increased dramatically. 100% of Resilience cyber risk solution clients impacted by ransomware were able to avoid paying an extortion in 2022. In the same time period, clients overall were … Read more
Electric vehicles and their infrastructure will create new complexity for insurers. What if a hacker creates a massive car crash? Or a grid is taken down by malware originating in an EV being charged? “In a bid to get the issue under control, insurance companies and EV manufacturers could standardize best practices as a way … Read more
“The company’s new feature provides a quick and easy onboarding process that gets brokers from sign-up to receiving quotes from a selection of approved carriers in minutes, eliminating the need for prior broker appointments. The traditional process of onboarding and subsequently quoting with carriers can take weeks, which can be a significant setback for those … Read more
The cyber insurance provider to SMBs won a Global InfoSec Award from Cyber Defense Magazine in the category of Hot Cyber Insurance. “‘Cowbell embodies three major features we judges look for to become winners: understanding tomorrow’s threats, today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get … Read more