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Top News about Cyber Insurance
We’ve been telling you about the theats posed to cyber insurers by AI — now the technology is coming to help, in the form of a vertical AI from EXL (NASDAQ: EXLS), the data analytics company. The company’s new “EXL Insurance LLM” is a specialized large language model (LLM) tailored for the insurance industry and … Read more
The San Diego County Civil Grand Jury exists to “represent the citizens of San Diego County by investigating, evaluating, and reporting on the actions of local government and special districts.” Its new report gauges efforts by the San Diego County Office of Education (SDCOE) and local school districts to handle cyber security and how they … Read more
CFC, an insurance provider specializing in emerging risks and cyber insurance, has opened its first office in Spain, marking a significant expansion into Southern Europe. The new Madrid-based hub will help the company meet growing demand and strengthen relationships with broker partners across Spain, Italy, and France. This move follows earlier expansions in North America … Read more
Most months are recognized for a few things—October for Halloween, February for love, and November for gratitude. On the other hand, September is celebrated for a few important observances: Labor Day, back-to-school season, and another you might not have heard of—National Insider Threat Awareness Month (NITAM). We’d try to make a joke about the call … Read more
We recently told you how one cyber insurance expert predicts the massive CrowdStrike-caused IT outage may change the cyber insurance industry, including by boosting demand for coverage of non-malicious losses, or non-criminal claims, such as business interruptions cause by software failures. The recent NetDiligence Cyber Claims Study 2024 (see our summary of other findings here) … Read more