The Source for Cyber Insurance News, Insights and Data
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
“’When people hear about cyber insurance, they often think of business coverage because personal coverage has not traditionally been available to the general public,’ said Mila Araujo, NFP assistant vice president of personal cyber, North America. ‘So we developed a custom, standalone product, specifically for individuals, to respond to our clients’ needs.’” Coverage starts at … Read more
“‘Our research highlights that consumers are increasingly aware of the dangers of being online and are looking for a simple and easy all-in-one solution to keep them digitally safe,’ said Hilario Itriago, US President, BOXX Insurance. He continues ‘With broad coverages like computer attacks, cyber ransom, online fraud and cyber bullying, individuals and families can … Read more