HSB Expands Personal Cyber Insurance Coverage (Even Your Car & Emotional Well-Being, Not to Mention those Star Wars NFTs, are Covered)

HSB (Hartford Steam Boiler), part of Munich Re, has expanded its personal and family cyber insurance to help customers deal with new digital risks. This includes protection against things like internet fraud, connected vehicle hacks, and the emotional stress caused by cybercrime. Along with insurance coverage, HSB also provides tools for preventing cyberattacks and offers … Read more

Market Growing at Sizzling 22.6% CAGR: Cyber Insurance Market Analysis from Data Bridge

Data Bridge estimates the “Third Party Cyber Insurance Market” was worth $7.7 billion in 2022 and will reach $39.5 billion (numbers rounded) by 2030—a look at this latest cyber insurance market analysis. This is a less aggressive estimate than some other cyber insurance market analysis, such as IMARC’s projection the market will reach $85 billion … Read more

Fintech Cyber Insurance From Markel

The fintech sector has increasingly become a prime target for cybercrime, with U.S. government reports underscoring the sector’s vulnerability due to its heavy reliance on technology and interconnected systems. The Government Accountability Office (GAO) highlights that cyberattacks on financial institutions, including fintechs, have escalated in sophistication, posing significant risks to the industry’s stability. In light … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Guy Carpenter and At-Bay look at Cyber CAT modeling for SMBs; CyberCube asks us to consider the hurricane of a cyber attack; Marsh McLennan and Zurich on the need for public-private partnerships … Read more

Resilience Strengthens Leadership for Today, While NetDiligence Builds Talent Pipeline for Tomorrow

Following Labor Day, the cybersecurity and insurance sectors are abuzz with significant moves to bolster leadership and nurture emerging talent. Resilience, a leading cyber risk solutions provider, has appointed Rebecca Jones as Senior Vice President of Engineering and Jeremy Gittler as Global Head of Claims to drive its continued growth. Meanwhile, NetDiligence® has launched its … Read more