The Source for Cyber Insurance News, Insights and Data
CFC has added property damage coverage to its $30 million large line size cyber insurance product. The expansion addresses growing cyber risks affecting physical assets in industries like manufacturing and energy. New Coverage Addresses Cyber-Related Property Damage CFC’s updated cyber policy now includes physical property damage caused by cyber events. The addition fills a coverage … Read more
Michael Lewis will join CFC in January 2025 as Cyber Development Manager. This appointment strengthens CFC’s cyber team in Australia. He spent two years at Emergence Insurance as a business development underwriter. He will operate from CFC’s office in Melbourne. Lewis’s role is CFC’s first dedicated cyber business development position in Australia. His focus will … Read more
CFC has launched an insurance solution tailored for mid-size to multinational tech companies. Targeting businesses with over $250 million in revenue, the offering provides tech and cyber risks coverage. “The global value of intangible assets has reached almost $80 trillion, driven by innovations like AI and the increasing importance of technology in everyday life,” said … Read more
CFC has launched a dedicated European corporate cyber team to expand its cyber insurance services across Europe. The specialist insurer appointed Ilaria Silvato, former international underwriting manager for cyber risks at Beazley, to lead this team and drive its growth. Silvato, with 13 years in the insurance industry, brings extensive knowledge of the insurance cycle … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Searchlight Cyber and Marsh McLennan shine a light in the Dark Web; CFC and Blackpanda grow; Cowbell Examines Insider Threats; OpenText takes on state-sponsored cybercrime; Hospitals, Shipping Ports and Water Treatments plants … Read more