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“’One of the things we hypothesized right from the start was that cyber is going to be the most capital-constrained and most expertise-constrained class of business in the market. And…
Nexus picks up app. 3,000 broking partners. “Nexus notes that this acquisition significantly expands both its cyber insurance capabilities and market reach. It’s hoped that Evolve’s strong distribution network and…
Read More “Nexus Completes Acquisition of Evolve Cyber Insurance as Industry Players Seek Scale ” »
Growth of the insurance-linked securities (ILS) asset class into cyber risks will likely not come from moving capital out of current lines: Artex Capital Solutions execs. “‘Do we think investors…
The round was led by major industry investor Bain Capital Tech Opportunities and included Accel. They were joined existing investors including Adelphi Capital Partners, Telecom Ventures, Pelican Ventures and WP…
“Speaking with Artemis, Hannover Re senior executives Silke Sehm and Henning Ludolphs explained that tapping into the insurance-linked securities (ILS) market for cyber retrocessional reinsurance capacity is a priority and…
Read More “Hannover Re Joining Industry Movement Toward Cyber ILS and CAT Bonds” »
“CyberSmart currently has 4,000 customers in the U.K., with 1,800 of them also taking the company’s insurance policies as well…” Management says the round was oversubscribed. Participants include European SaaS…
Read More “CyberSmart Completes $15M B-Round; Provides Insurance/Security Platform for SMBs ” »
We’ve all heard the horror stories of companies hacked via penetrations of their vendors and partners. “’A company can take out insurance for third parties, but we don’t see a…
Read More “Supply-Chain Risk Continues to Bedevil Large Companies and their Cyber Insurers ” »
With this round, the insurtech has raised US$24.5 million. Zurich Insurance participated in both rounds. BOXX says it’s grown 10X in the last 24 months and now serves over 250,000…
Guardz offers “a SaaS-based set of low-code security tools designed for businesses using cloud services, designed to be implemented without any specific security or advanced technical expertise; and insurance to…
Led by Andreessen Horowitz, the round included participation from Stone Point Ventures and EOS Venture Partners. Use of proceeds include expanding sales and building out the platform for an “end-to-end…