Cyber Insurance Underwriting

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

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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 equip insurers with tools to evaluate data privacy threats during cyber insurance underwriting. LOKKER’s Privacy Risk Assessment Enhances Underwriting Insight LOKKER’s Privacy Risk Assessment Reports … Read more

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

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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 risk protection is underwritten by London market insurers outside of Lloyd’s. Broader Coverage Beyond Lloyd’s Market Lloyd’s launched Cyber Echo in 2016, making it the … Read more

The Growing Importance of Actuaries in Cyber Insurance & Cybersecurity

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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 of cybersecurity. Nowadays actuaries and cyber insurance increasingly go together, details the report from the UK’s Institute and Faculty of Actuaries (IFoA). Entitled “Actuaries Managing … Read more

AdvantageGo and CyberCube Form Strategic Alliance to Enhance Cyber Risk Analytics

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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 analytics into AdvantageGo’s Underwriting Workbench to enhance underwriting insight with additional cyber-specific data. CyberCube’s analytics offer insights into risk signals, cyber events, peer risk comparisons, … Read more

Envelop Risk Launches Envelop Underwriting, Appoints Dom Peters as CEO

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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, Envelop at Lloyd’s, and Envelop Risk SPA 1925. Industry veteran Dom Peters joins as CEO of Envelop Underwriting, reporting directly to co-founder and group CEO … Read more

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