ATA Launches Cyber Insurance for Advanced Technologies

by

Advanced Technology Assurance Limited (ATA) has launched cyber insurance for the fast-growing advanced technology sector. Global adoption of autonomous vehicles, robotics, AI infrastructure, and unmanned aircraft exposes companies to increasingly complex cyber risks. ATA’s product addresses these risks with targeted coverage, AA-rated financial backing, and worldwide reach.. Specialized Cyber Coverage for Cutting-Edge Industries Clients can … Read more

Cyber Insurance for SMEs: Pen Underwriting Expands Cover with Six Key Enhancements

by

More than 600,000 UK businesses reported a cybersecurity breach or attack in the past year, government data shows. Phishing attacks were the most common, with 85% of affected firms citing them as disruptive and time-consuming. The growing use of AI-driven impersonation has also raised concerns among smaller firms with limited resources. Rising Cyber Risks for … Read more

Large Cyber Claims Surge: AXA XL Study Finds 88% of Losses Driven by Major Attacks

by

Cyberattacks are costing businesses millions – 88% of global cyber losses now tied to claims above $1 million, according to AXA XL. Analysis of more than 300 incidents reveals a stark reality: ransomware alone drives over 60% of recent large claims, with ransom demands spiking to an average of $32 million in 2023. The report, … Read more

BOXX Insurance and mShift Partner to Expand Cyber and Professional Liability Insurance Access

by

BOXX Insurance announced a new partnership with Millennial Shift Technologies (mShift) to expand access to cyber and professional liability insurance. The agreement will enhance broker access to BOXX’s Cyberboxx® Business, an all-in-one solution combining cyber insurance with cybersecurity services. Streamlined Access for Brokers The partnership enhances broker access to BOXX’s Cyberboxx® Business, an all-in-one solution … Read more

DUAL Group partners with KYND to boost cyber insurance offerings

by

Partnership Enhances Global Cyber Capabilities DUAL Group has partnered with KYND to expand and strengthen its cyber insurance portfolio. The collaboration delivers advanced cyber risk intelligence to support underwriting, broker services, and client protection. Cyber risk continues to grow as businesses rely more heavily on digital operations. Insurers must identify exposures quickly while providing tools … Read more

×