The Leading Source for Cybersecurity Insurance News, Insights and Data
“We’ve come a long way in our journey from the first ever cyber cat bonds, which were private, we’ve now got three 144A cat (catastrophe) bonds out there covering the…
Read More “Beazley Doubles Down on Cyber Cat Bonds/ILS for Cyber Insurance” »
Beazley, a leading specialty insurer, has appointed Alessandro Lezzi as Group Head of Cyber Risks. Lezzi will report to Paul Bantick, the Group Chief Underwriting Officer. Lezzi brings over a…
Read More “Beazley Names Alessandro Lezzi as Group Head of Cyber Risks” »
Beazley plc remains on track to meet its full-year guidance, reporting a 7% increase in insurance written premiums, reaching $4.6 billion by the end of Q3 2024. Net insurance written…
Read More “Beazley CEO Praises Resilience Amid Cyber Claims, Maintains 80% Combined Ratio Goal” »
In a collaborative effort to strengthen digital defenses and improve cyber insurance accessibility, CrowdStrike has unveiled its new Falcon for Insurability program. This initiative is designed to help organizations qualify…
Read More “CrowdStrike Launches “Falcon for Insurability” to Enhance Cyber Insurance Eligibility” »
Here it is – Your Cyber Insurance Sunday – Upload— A few items from the week. Some we reported on, and others we found interesting. News out of Brazil for…
In a step towards fortifying its cyber insurance offerings, Beazley, a premier specialty insurer, has announced the integration of its in-house Cyber Services team with Lodestone, a fully owned cybersecurity…
Read More “Beazley Security Offers Integrated Cyber Insurance and Cybersecurity Solutions” »
The specialist insurer has announced the closing of PoleStar Re Ltd, the Series 2024-1 Class A notes “designed to cover remote probability catastrophic and systemic events. Structured on an indemnity…
Read More “Beazley Closes $140 Million Cyber CAT Bond; Good Sign for Cyber ILS Market” »
Beazley, a leading specialty insurer, has appointed Patricia Kocsondy as the Head of Global Cyber Digital Risks. Kocsondy will be responsible for shaping the global product and distribution strategy for…
Read More “Beazley Appoints Patricia Kocsondy as Head of Global Cyber Digital Risks” »
A new CEO has joined Lodestone, a wholly-owned sub of Beazley. The insurer has a ready-made client base for Lodestone, suggesting vertical integration of cybersecurity solutions — services to insurance…
The company’s 2022 results showed a 48% drop in “profit before taxes,” which it attributed to investment challenges. But cyber continues to grow. “Cyber Risks continued to see strong rate…