The Source for Cyber Insurance News, Insights and Data
“Munich Re has been involved in managing cyber risk from the first moment it became a consideration. The results of our Global Cyber Risk and Insurance Survey 2022 underline that there is clearly more action required – for policyholders and the insurance industry.” One interesting tidbit is increasing use of personal cyber insurance by senior … Read more
“NetGuard® Select, Tokio Marine HCC – Cyber & Professional Lines Group’s stand-alone personal cyber insurance is rated and underwritten to make it accessible to other classes of risk, according to (company Vice President Kareen) Boyadjian, who pointed out that the minimum annual premium for NetGuard® Select is just $500.” Source: Personal cyber insurance market to … Read more
“Social influencers want attention, but not from cyber criminals,’ said James Hajjar, assistant vice president for HSB, part of Munich Re. ‘Hackers and other digital predators target social media. We’re filling the coverage gaps with insurance that follows customers with the protection they need.’” Social media income interruption coverage from HSB Home Cyber Protection applies … Read more
Most consumers don’t know personal cyber insurance is available, according to the team behind “The Digital-Life Insurance.” The solution includes an AI chatbot to create a digital fingerprint of customers and help them reduce their cyber risk. The team claims its personal cyber insurance product is “relevant, affordable and easy to purchase.” CIN will follow … Read more