“Cyber Risk Exchange” Launched by Cowbell 

“Cowbell Rx closes insurability gaps by providing cyber insurance applicants with resources to meet eligibility requirements while also enabling active policyholders to continuously improve their organization’s risk profile. This comprehensive list of partners is the first of its kind in the cyber insurance industry.” Source: Cowbell Cyber Unites Cybersecurity Giants and Cyber Insurance Industry with … Read more

Raheila Nazir Tapped to Lead Cyber & Technology for Chubb’s Overseas General Insurance Business

“Raheila was previously Cyber Underwriting Manager, United Kingdom, Ireland and South Africa and Chubb Global Markets, which comprises Chubb’s London Market wholesale and specialty business including the company’s Lloyd’s platform. She will be based in London and report to Tim Stapleton, Executive Vice President, Financial Lines, Chubb Overseas General, and Mike Kessler, Vice President, Chubb Group and Division President, Global Cyber Risk. Her appointment … Read more

Embroker Offers New Cyber & Crime Business Insurance Products; Its Survey Shows Small Biz Underinsured for Cyber

“(A)” sizable portion of small business owners think they are less at risk for such (cyber) attacks. According to a forthcoming study conducted by Embroker, 63 percent of small business owners believe they are unlikely to face a ransomware attack. The same study showed that only 28 percent of these business owners have coverage for … Read more

Cyber Insurance Sector Does Not Need Federal Reinsurance Backstop: ExpertsTell Conference

“Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently.” Source: For Now, No Need for Federal Cyber Reinsurance Backstop: Experts

Cyber Insurance People: Executives On The Move at Cowbell Cyber and AXIS Insurance

“(Chris) Reese brings more than 35 years of expertise in managing cyber insurance underwriting portfolios, crafting customized coverage, product development and insurance placement for cyber, technology E&O and professional liability, leveraging third party vendors to provide risk identification and mitigation support. Reese is a veteran of the insurance industry, having held leadership positions at NAS … Read more

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