The Source for Cyber Insurance News, Insights and Data
Lockton Re has taken a step in reshaping its cyber risk management by becoming the first reinsurance broker to deploy CyberCube’s new Exposure Manager (XM) platform. The move highlights a growing demand for sharper visibility into cyber portfolio risk. This reality is driven by the fact that insurers and reinsurers are facing escalating cyber threats, … Read more
Data443 Expands Into Cyber Insurance Market Data443 Risk Mitigation has signed a licensing deal with Trium Cyber, operator of Syndicate 1322 at Lloyd’s of London. The agreement gives Data443 entry into the global cyber insurance market, which could reach $50 billion by 2030. Trium will use Data443’s TacitRed™ threat intelligence platform to manage risks across … Read more
New Platform for Cyber Insurance Market – CyberCube has launched Exposure Manager (XM), a platform designed to evaluate cyber risk across entire insurance portfolios. The tool offers quantified exposure data and is already adopted by leading global (re)insurers. Addressing Cyber Risk Gaps Insurers and reinsurers previously relied on static summaries and fragmented views. XM replaces … Read more
The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more
Understanding Cyber Risk Pooling in the Public Sector More and more public-entity risk pools are being formed to facilitate the purchase of cyber insurance policies. Analysis from KYND, a provider of cyber risk technology that “transforms complex cyber risk data into clear, actionable insights” outlines three primary data management obstacles being experienced by risk pools, … Read more