The Source for Cyber Insurance News, Insights and Data
Cruise down the highway with your phone connected to the car’s computer system, and a sense of comfort and convenience surrounds you. But what if that very connection opened a backdoor for hackers? Modern cars, filled with technology and connectivity, are increasingly vulnerable to cyberattacks, exposing drivers to stolen data and potentially even losing control … Read more
Coalition is among the pure play-leaders in the cyber insurance sector, touting its “Active Insurance,” which fuses insurance with cybersecurity tools to reduce client (and underwriting) risk. Earlier this year the company launched its full-stack carrier, the Coalition Insurance Company (CIC). From its new release: “(CIC) is now open for quoting Coalition’s admitted cyber product … 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: Coalition with AI and expansion news, Marsh with a new offering, UnitedHealthcare and a $10 Million bounty, And AT&T confirms customer data numbering in the 10s of millions leaked on the Dark Web. There’s more. … Read more
Hartford Steam Boiler (HSB) has introduced “Cyber for Auto,” an insurance product designed to mitigate cyber threats targeting personal vehicles. This offering is in response to the growing concern over cyber-attacks, ransomware, and identity theft as vehicles become more technologically advanced. “Automakers continue to integrate new technologies into today’s vehicles,” said James Hajjar, chief product … Read more
Marsh, a global leader in insurance brokerage and risk advisory, recently unveiled Edgware Re Ltd.. The Bermuda-based group captive insurance company is focused on cyber insurance. This launch comes at a time when the cyber insurance industry is experiencing rapid evolution, driven by the escalating frequency and sophistication of cyber threats. Edgware Re is tailored … Read more