The Source for Cyber Insurance News, Insights and Data
Cowbell Cyber, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has introduced Prime Tech, a new insurance offering enhanced by Cowbell Co-Pilot, their AI-driven solution for streamlined underwriting. This innovative product merges their flagship Prime 250 cyber risk insurance with primary Technology Errors and Omissions (Tech E&O) coverage, designed to bolster … Read more
Bitsight and Moody’s have jointly launched the Implied Cyber Threat (ICT). This new tool is designed to assess cyber risks for over 325 million organizations globally. This initiative significantly expands market coverage, surpassing other offerings by over 25 times. The ICT leverages Bitsight‘s cyber risk analytics engine and Moody’s extensive company database to offer insights … Read more
Zurich North America has announced Kara Higginbotham’s appointment as the Head of Professional Liability and Cyber for U.S. National Accounts. Higginbotham will lead a team of underwriters tasked with serving the company’s largest corporate and middle-market clients in the United States. In her new role, Higginbotham will manage the development and implementation of the underwriting … Read more
After several years of exponential growth in the cybersecurity insurance market, a surprising shift occurred last year in cyber liability insurance premiums, according to a report from Fitch. “U.S. statutory direct written premiums for cyber coverage in standalone and package policies declined for the first time on record in 2023 by a modest 2%. This … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Zywave, Cyberboxx, and CRC with moves, The First-Ever Cloud Outage Cat Bond, Election Risks and Staggering numbers coming out in the wake of the United Healthcare hack. There’s more. … Read more