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Top News about Cyber Insurance
With cyber threats and their cost increasing globally, Weightmans, a leading UK law firm, has launched CyXcel. The global team of leading cyber specialists working together to help businesses and their insurers build resilience against cyber threats. CyXcel will provide organizations with a 360° view of their exposure to cyber threats, assist them in boosting … Read more
Trium Cyber, a US-based Lloyd’s of London cyber specialist, is expanding its reach by opening an office in London. The move will improve services to clients outside of the United States. Amie Watson, who takes on the role of Head of International Underwriting will oversee the office. The London office will focus on writing excess … Read more
We’ve written extensively about the SEC regulations requiring public companies to disclose material cyber events (see full regs and legal analysis of it here.) Analysis of the legal and business ramifications of the disclosure regime have raised a number of issues, including potential conflicts between the cyber and D&O or other policies of insureds hit … Read more
We’ve reported extensively on the new SEC rules requiring disclosure of material cyber events by US public companies (see the full reg and legal analysis of it and its implications here.) The new regulatory regime is just starting. A couple recent examples are the 8K disclosures file by Caesars, relatively detailed and with what we … Read more
Stoik calls itself the “first MGA in Europe to empower brokers by providing their (SME) clients with insurance policy and protection against cyber risks.” “The fresh investment will support the company’s expansion across Europe as it enters its first market field, beginning with Germany. The €10 million arrives via lead investors Munich Re Ventures, and … Read more