Trium Cyber Expands Opening London Office
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…
A Tale of Two Disclosures: SEC Cyber Filings from MGM and Caesars After Their Recent Hacks
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…
Potential Insurance Conflicts Exposed by New SEC Cybersecurity Reporting Rules
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…
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Europe’s First MGA for Cyber Insurance, Stoik, Raises €11 million ($10.7 million) from Blue-Chip Investors
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…
Arch Insurance Unveils Groundbreaking Cyber Insurance
Arch Insurance has unveiled Arch CyPro. This groundbreaking cyber insurance solution aims to proactively protect businesses in an ever-evolving landscape of cyber threats. With cyberattacks on the rise, Arch Insurance…
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Axis Re Joins Movement to Standalone Cyber Insurance Policies
The downside of blended insurance policies that include cyber with other coverage is well known. Blended policies can complicate underwriting and diversification and even create confusion and conflict between different…
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Cowbell Partnership Makes its Cyber Insurance Easier to Buy Now, Harder in Future if Markets Change
Cowbell, a cyber insurance pure-play that targets small-and-medium businesses, has announced a new partnership to make it faster and easier for partners such as brokers and MGAs to sell its…
The Caesar’s Attack as Reported in a Public Disclosure
We’ve told you about the new SEC rules requiring disclosure by public companies of material cyber attacks within four business days. The rules are still being phased in, but Caesars…
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Effort To Standardize Cyber Insurance Risk Launched by Moody’s RMS & Partners
Moody’s RMS, a leading provider of risk modeling for the insurance industry, has formed the Cyber Industry Steering Group, designed to address underwriting and other constraints in the cyber insurance…
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Large Public Company Expands Cyber Insurance Offerings
The team at Arch Insurance, part of the nearly $30b market-cap Arch Capital Group (ACGL), has announced Arch CyPro, its new primary cyber insurance offering. “Our dedicated claims experts and…
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