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CyberShore Bermuda: Marsh Unveils $30M Excess Cyber Insurance Facility

Posted on April 9, 2025April 9, 2025 By Martin Hinton

Marsh Unveils CyberShore Bermuda Cyber Insurance Facility Marsh has launched CyberShore Bermuda, a new cyber insurance facility offering $30 million in excess Bermuda capacity. The facility targets coverage layers above…

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Cyber Insurance, Cyber Insurance Policies & Strategies, Cyber Insurance Premiums, Cyber Insurance Underwriting

LOKKER and Bitsight Join Forces: Privacy Risk Analysis in Cyber Insurance

Posted on March 25, 2025March 25, 2025 By Martin Hinton

Partnership Targets Growing Need for Privacy Risk Data in Insurance Underwriting LOKKER and Bitsight have partnered to offer privacy risk analysis through Bitsight’s cyber insurance platform. This collaboration aims to…

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Cyber Insurance, Cyber Insurance Underwriting

Marsh Expands Cyber Insurance with Cyber Echo Encore, Adding $45 Million Coverage

Posted on March 17, 2025March 17, 2025 By Martin Hinton

Marsh has introduced Cyber Echo Encore. This is an enhancement to its Cyber Echo insurance facility. The expansion provides up to $45 million in additional cyber insurance capacity. The cyber…

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Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Underwriting

The Growing Importance of Actuaries in Cyber Insurance & Cybersecurity

Posted on December 12, 2024December 12, 2024 By Mark Sauter

Actuaries get teased for what some outsiders see as a boring job. But a new report makes clear that actuaries are increasingly part of the interesting, sometimes even exciting, world…

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Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Carriers & Brokers, Cyber Insurance Industry Groups, Cyber Insurance Jobs, Cyber Insurance Reports, Cyber Insurance Systemic Risks, Cyber Insurance Underwriting, Risk Modeling

AdvantageGo and CyberCube Form Strategic Alliance to Enhance Cyber Risk Analytics

Posted on November 18, 2024November 18, 2024 By Martin Hinton

AdvantageGo, a commercial (re)insurance software provider and part of Coforge announced a strategic alliance with CyberCube, a provider of cyber risk analytics to the (re)insurance industry. The partnership integrates CyberCube’s…

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Cyber Insurance, Cyber Insurance Underwriting

Envelop Risk Launches Envelop Underwriting, Appoints Dom Peters as CEO

Posted on November 15, 2024November 15, 2024 By Martin Hinton

Envelop Risk, a data-driven reinsurance and analytics specialist, has launched Envelop Underwriting to unify all its existing cyber underwriting in one strategic framework. This new division encompasses Envelop Risk Bermuda,…

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Cyber Insurance, Cyber Insurance Underwriting

Helvetia partners with Coinnect to boost cyber risk assessment and client protection

Posted on November 11, 2024November 14, 2024 By Martin Hinton

Helvetia Switzerland has announced a new partnership with Coinnect to enhance its cyber risk underwriting and client security services. Starting at the end of 2024, Helvetia will adopt Coinnect’s advanced…

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Cyber Insurance, Cyber Insurance Underwriting

Onda Teams Up with Panorays to Streamline Cyber Insurance Underwriting

Posted on October 1, 2024October 1, 2024 By Martin Hinton

Onda has formed a strategic partnership with Panorays to integrate Panorays’ cyber risk assessment tool into its platform. This two-year collaboration aims to streamline Onda’s cyber insurance underwriting process and…

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Cyber Insurance, Cyber Insurance Underwriting

Sixfold Expands AI Capabilities to Help Insurers Adapt to Growing Cyber Risks

Posted on September 30, 2024September 30, 2024 By Martin Hinton

The insurance industry has used artificial intelligence (AI) for years in applications such as risk modeling, data forecasting, claims handling, and contact center operations. Now, Sixfold aims to transform how…

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Cyber Insurance Underwriting

CrowdStrike Snafu Will Shake Up Cyber Insurance Market: Broadstone

Posted on September 21, 2024September 21, 2024 By Mark Sauter

What some call the largest IT outage in history was caused by a faulty software update, not a cyber attack. But the team at Broadstone thinks the CrowdStrike debacle this…

Read More “CrowdStrike Snafu Will Shake Up Cyber Insurance Market: Broadstone” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Claims, Cyber Insurance Litigation, Cyber Insurance Reports, Cyber Insurance Systemic Risks, Cyber Insurance Underwriting, Risk Modeling

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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