Coalition Announces New AI Endorsement to its Cyber Insurance Policies

by

Coalition, a provider of Active Insurance designed to mitigate digital risks, announced the introduction of an Affirmative Artificial Intelligence (AI) Endorsement to its cyber insurance policies in the U.S. and Canada. This addition aims to clarify and extend coverage for incidents involving AI technology, such as security failures or data breaches initiated by AI systems. … Read more

Hacking of “Load Boards” Drives Huge Increase in Freight Fraud & Cyber Insurance Exposure

by

“’It’s probably the worst that I’ve seen it in the 27 years that I’ve been doing this,’ said Scott Cornell, a cargo theft specialist at Travelers…As load boards (online platforms that match carriers with freight shipments) evolved to make brokering transactions online easier and faster, criminals—looking to steal large quantities of high-value goods—spotted opportunities, Cornell said.” The … Read more

Integra Insurance Becomes First Turkish Broker to Use CyberCube’s Cyber Risk Analytics Platform

by

Integra Insurance and Reinsurance Broking Services, a leading cyber insurance broker in Turkey, announced its adoption of CyberCube’s Broking Manager. In doing so, Integra becomes the first Turkish broker to use this cyber risk analytics platform. This step is part of Integra’s strategy to expand its cyber insurance business and enhance its competitive position in … Read more

Cyber Insurance Sunday – Upload

by

Here it is—Your Cyber Insurance Sunday—Upload—A few items from the week. Some we reported on, and others we found interesting. Howden and Cyberwrite team up: A look at the impact of NIST’s Cybersecurity Framework: A Sunday read on the history of Cyber Liability Insurance: And the cherry on top, coverage for bakeries. There’s more. Take … Read more

CyberSaint Secures $21M in Funding to Spearhead Global Cyber Risk Management Innovation

by

Boston-based CyberSaint has successfully raised $21M in Series A funding to fuel its global expansion and further develop its innovative CyberStrong platform. This strategic infusion of capital, led by Riverside Acceleration Capital (RAC), with contributions from Sage Hill Investors, Audeo Capital, and BlueIO, marks a significant leap in cyber risk management solutions. Jerry Layden, CEO … Read more

×