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Top News about Cyber Insurance
Axio and Dragos have teamed up to improve security and insurance for operational technology. Their goal is to put a dollar value on operational technology (OT) cyber risk and help insurers underwrite cyber-physical losses more accurately. “It’s an honor to partner with the world’s leading industrial security company, especially at this moment in time. We’re … Read more
CyberCube appointed Chris Methven as Chief Executive Officer, effective immediately. He succeeds Pascal Millaire, who moved into a Senior Advisor role. The company framed the change as part of its next growth phase following a $180 million financing led by Spectrum Equity. CyberCube sells cyber risk modeling and analytics used by cyber insurers, reinsurers, and … Read more
Cowbell has entered the Australian cyber insurance market, rolling out a new standalone policy for small and mid-sized businesses on Zurich Australian Insurance Ltd’s paper. The company said its Prime One programme targets SMEs with annual turnover of up to A$100 million. Cowbell will use its AI-driven underwriting platform and in-house claims capabilities. At the … Read more
Independent Financial Advisors (IFAs) work with sensitive information like bank data, pension details, and investment records every day. This makes them a target for fraud and ransomware attacks. AI will only accelerate the risk. If a breach happens, it can lead to client notifications, regulatory investigations, and expensive business disruptions. Cyber insurance helps IFAs cover … Read more
Arctic Wolf said Chubb selected it as a preferred Managed Detection and Response provider. The offer targets cyber insurance policyholders with more than 100 employees. The companies said the goal is lower incident frequency and smaller loss impact for each cyber insurance policyholder. “Being selected by Chubb as a preferred MDR provider is powerful validation … Read more