The Source for Cyber Insurance News, Insights and Data
Interesting read in yesterday’s Las Vegas Review-Journal about a new Nevada law that protects homeowners’ online payments with cyber insurance. It went into effect on July 1, 2023. The law requires homeowner associations (HOAs) to use cybersecurity insurance to protect homeowners’ data and to have certain data protection measures in place. The law was passed … Read more
Sompo International has appointed Jérôme Gossé as the Head of Cyber Insurance for Continental Europe. In this role, he will report to Mathieu Borneuf, Head of Professional Lines, Insurance, Continental Europe. With 15 years of experience in the cyber insurance market, Gossé is expected to leverage his extensive industry knowledge to provide cyber insurance solutions … Read more
Trium Cyber, a US-based Lloyd’s of London cyber specialist, is expanding its reach by opening an office in London. The move will improve services to clients outside of the United States. Amie Watson, who takes on the role of Head of International Underwriting will oversee the office. The London office will focus on writing excess … Read more
Measured Analytics and Insurance (Measured), an AI-powered cyber insurance provider, announced that it has joined the Amazon Web Services (AWS) Cyber Insurance Partner Initiative. This partnership will simplify the process for AWS customers to get a quote for coverage. As an AWS Partner, Measured will operate a quoting solution that assesses the customer’s AWS environment … Read more
In a widely reported research note on MGM Resorts International (NYSE: MGM), JMP Securities analyst Jordan Bender wrote that he believes the company has a $200 million cyber insurance policy that covers business interruptions and payments to bad actors. If that’s accurate, the resort operator isn’t likely to incur significant costs attributable to the data … Read more