Cyber Insurance Underwriting

Cowbell Partnership Makes its Cyber Insurance Easier to Buy Now, Harder in Future if Markets Change

by

Cowbell, a cyber insurance pure-play that targets small-and-medium businesses, has announced a new partnership to make it faster and easier for partners such as brokers and MGAs to sell its policies. Cowbell is partnering with Herald, which offers APIs that allow quoting and binding from multiple carries via a single interface, and Zywave, a provider … Read more

Effort To Standardize Cyber Insurance Risk Launched by Moody’s RMS & Partners

by

Moody’s RMS, a leading provider of risk modeling for the insurance industry, has formed the Cyber Industry Steering Group, designed to address underwriting and other constraints in the cyber insurance sector. “There is a clear need and a significant opportunity to accelerate growth in the global cyber underwriting market. However, there are many legitimate concerns … Read more

Large Public Company Expands Cyber Insurance Offerings

by

The team at Arch Insurance, part of the nearly $30b market-cap Arch Capital Group (ACGL), has announced Arch CyPro, its new primary cyber insurance offering. “Our dedicated claims experts and customizable policies available in all 50 states position us as a front-runner in this space. But what sets Arch CyPro apart is our solution-first mindset … Read more

“Irresponsible Underwriting” Arises in Cyber Insurance Market As Capacity Increases & Premium Growth Moderates: Risk Placement Services

by

Risk Placement Services (RPS), a national brokerage, calls itself “brokers in bold.” It recently presented its quarterly cyber update, including a report and presentations by RPS’ Steve Robinson, national cyber lead, Vice Presidents Tim Foody and Zach Kramer, and Jennifer Coughlin of Mullen Coughlin, “a law firm uniquely dedicated exclusively to representing organizations facing data … Read more

×