The Source for Cyber Insurance News, Insights and Data
In the dynamic landscape of insurance shopping, a recent TransUnion report sheds light on sustained trends influencing the market. Auto and property insurance shopping rates showed stability compared to Q2 2023. But when measured against Q3 2022 they rose by 12% and 6%, respectively. The report, part of TransUnion’s Insurance Personal Lines Trends and Perspectives, … Read more
In a bid to address the mounting concerns surrounding personal cyber safety, Westland Insurance, a leading Canadian independent insurance broker, has partnered with global insurtech firm BOXX Insurance. Together, they aim to introduce a comprehensive cyber insurance product to meet the growing need for digital protection. Recent data indicates that Canadian households face a higher … Read more
We’ve written about the growth of personal cyber insurance and the challenges associated with it. Major insurance carriers continue to pursue the business, concluding that trends from the COVID pandemic provide tailwind for the market. “’When commercial cyber losses started coming with frequency and severity, it wasn’t just the businesses who were hit by extortion … Read more
BOXX Insurance, a global cyber protection and insurance provider, has announced the expansion of its employee benefits program to the United States. The program was previously available in Canada and Spain. It offers employees and their families protection against a wide range of cyber threats, including identity theft, online fraud, cyberextortion, cyberattacks, data breaches, and … Read more
The Basics Do you need personal cyber insurance, like insurance that protects your home from fire or theft? We increasingly put what we value in digital places. Places vulnerable to cyber attack. Take your family photographs. Stored safely on a digital cloud. Have you scanned and improved old family photos? The digital, one-of-a-kind, family heirlooms … Read more