The Source for Cyber Insurance News, Insights and Data
Markel, a key division of Markel Group Inc., has welcomed Ng Yao Hua aboard as a Cyber Security Analyst. He arrives to enhance cyber security underwriting capabilities in the Asia Pacific market. This appointment marks a significant addition to the company’s growing expertise in the region, demonstrating its commitment to addressing the evolving cyber security … Read more
PitchBook reports the market ended 2023 on a low note. “In Q4 2023, insurtech startups generated $1.3 billion across 102 deals, representing declines of 22.3% and 15.7% from Q3,” reports PitchBook’s Q4 2023 Insurtech Report. The deal data company reported only one bright spot in the quarter: financing for annuity-related start ups. The financing … Read more
In a sign of the maturing cyber insurance market in the U.S., Coalition, the Active Insurance provider specializing in preemptive digital risk management, and Aspen Specialty Insurance Company have entered into a groundbreaking multi-year capacity agreement. The deal aims to bolster cyber insurance capabilities in the United States. Scheduled to begin on April 1, 2024, … Read more
Here it is – Your Cyber Insurance Sunday – Upload— A few items from the week. Some we reported on, and others we found interesting. News out of Brazil for Latin American SMEs, Multiple reports on the financial future of cyber liability insurance, and the UnitedHealth Group hack, much to consider. Finally, if cybercrime were … Read more
SaaS Alerts, a cybersecurity company, has partnered with FifthWall Solutions, a cyber insurance provider, to introduce Beltex, a new cyber insurance product. The offering is tailored to managed service providers (MSPs) and their clients. This collaboration aims to simplify the process of obtaining coverage for small and medium-sized businesses (SMBs), integrating it with SaaS Alerts’ … Read more