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Top News about Cyber Insurance
Old Republic International Corporation (NYSE: ORI) has announced the formation of Old Republic Cyber, Inc., a new underwriting subsidiary specializing in Cyber and Technology Errors and Omissions (E&O) insurance products. This initiative marks the seventh specialty company launched by Old Republic in the past nine years, reinforcing its commitment to diversification and innovation. The newly … Read more
Artificial Intelligence in Cybersecurity: A Double-Edged Sword Arelion’s new report, “Artificial Intelligence: Opportunity or Threat for Global Networks?“, highlights the transformative yet perilous role of AI in the cybersecurity landscape. While AI offers vast opportunities to enhance network operations, its adoption has simultaneously heightened vulnerabilities as AI cybersecurity threats become more sophisticated. AI-Powered Cyberattacks: A … Read more
Houston-based Liongard, a leader in Attack Surface Management for MSPs and IT service providers, has appointed David Powell as its new Chief Revenue Officer (CRO). Powell brings over 28 years of IT and SaaS industry experience to the role, including success in driving growth and leading strategic initiatives. David Powell’s Industry Expertise Powell previously served … Read more
The pure-play insurtech Cowbell Cyber, which offers what it calls the “first continuous underwriting platform for cyber insurance,” has become a well-known brand in the cyber insurance sector since its founding a bit over five years ago. Last year the company expanded its solutions to clients with up to $1 billion in revenue and has … Read more
A new report from InsightAce Analytic Pvt. Ltd. examines the global cyber insurance market, forecasting significant growth through 2031. The report highlights a projected market size of over $91.22 billion by 2031, with a robust compound annual growth rate (CAGR) of 23.78%. Rising incidents of cybercrime, driven by increased online activity and social media use, … Read more