Risk Modeling

Cyberwrite and Howden Expand Cyber Risk Analytics Partnership Globally

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Cyber risk analytics firm Cyberwrite and global insurance broker Howden have expanded their partnership to deliver cyber risk insights. The partnership is now active in 52 countries and also available in seven languages. The press release announcing the news notes the expansion allows Howden brokers to offer actionable insights into cyber threats, helping businesses better … Read more

What Does SEC’s New Cyber and Emerging Technologies Unit (CETU) Mean for Cyber Regulations?

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The Securities and Exchange Commission (SEC) has created a new cyber unit, no doubt raising questions for cyber insurers about the potential impact of the changes on their liability, including from SEC cyber regulations involving disclosure of cyber attacks. Called the Cyber and Emerging Technologies Unit (CETU), it’s been formed “to focus on combatting cyber-related … Read more

CyberCube Partners with Mathison Insurance Partners to Enhance Cyber Risk

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CyberCube has entered a multi-year partnership with Mathison Insurance Partners to boost cyber risk analytics for Mathison’s retail clients. Mathison, a Mississippi-based wholesale brokerage, will integrate CyberCube’s Broking Manager platform into its operations. This platform offers advanced financial loss modeling to help Mathison provide better data-driven insights for cyber risk decisions. Winston Tisdale, Broker Growth … Read more

Innovation, Models, and Policy Standards Can Propel Growth in Cyber Cat Bonds and ILS: Geneva Association

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Cybersecurity risks are escalating as businesses embrace digitalization, creating one of the most urgent challenges of our time. Cyber incidents, including ransomware attacks and data breaches, have topped global risk charts, leaving many businesses scrambling for solutions. Despite the exponential growth of the cyber insurance market—premiums soared from $1.5 billion in 2013 to $15 billion … Read more

The Growing Importance of Actuaries in Cyber Insurance & Cybersecurity

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Actuaries get teased for what some outsiders see as a boring job. But a new report makes clear that actuaries are increasingly part of the interesting, sometimes even exciting, world of cybersecurity. Nowadays actuaries and cyber insurance increasingly go together, details the report from the UK’s Institute and Faculty of Actuaries (IFoA). Entitled “Actuaries Managing … Read more

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