The Source for Cyber Insurance News, Insights and Data
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
[paywall may apply] AIG, Berkley One, Chubb, Cincinnati Insurance Cos., PURE Insurance and State Farm offer personal cyber insurance add-ons to homeowners/renters insurance. Stand-alone policies are also available from various carriers. “Costs can vary widely depending on the carrier, policy limits selected and what cyber events are covered by the policy. In many cases, as … Read more
“From mastering complex quests in mythical lands to outmaneuvering opponents in virtual battlefields, gaming has captured the hearts of millions worldwide. But what happens when a gamer’s account is compromised by a cyberattack and valuable digital assets are stolen? Waffle, an all-in-one consumer InsurTech solution, and BlinkSM by Chubb®, a growing suite of Chubb-backed digital … Read more