Cyber Insurance Sunday – Upload
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: Delinea on the importance of Identity; Coalition…
Coalition Launches Reinsurance Intermediary to Expand Cyber Reinsurance Offerings
As cybercrime continues to surge, costing the global economy, by some estimates, $10.5 trillion annually by 2025, the cyber insurance industry is evolving to manage these escalating risks. In response…
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Coalition Introduces Active Cyber Insurance in Germany
Coalition has launched its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH. This new insurance offering is available starting today. The Federal Financial Supervisory Authority’s 2024…
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SentinelOne Expands Cybersecurity Solutions for Insurance Providers
SentinelOne announced the SentinelOne Risk Assurance Initiative, a new cybersecurity program designed to help insurers improve their clients’ network security using the SentinelOne Singularity™ Platform. This program allows insurers to…
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Coalition Finds U.K. Cyber Insurance Lacking, Mid-Market Businesses Underwhelmed
In the business world, “the customer is always right” often holds true, but a new study suggests that mid-market companies in the U.K. are far from satisfied with their cyber…
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Cyber Insurance Sunday – Upload
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Marsh and others look at Ransomware; Partnerships abound Backblaze and Coalition as well…
Backblaze and Coalition Partner to Enhance Cyber Risk Protection
The adage “two is one, and one is none” has long been applied to the non-digital world, emphasizing the importance of redundancy. In the realm of cybersecurity, this concept is…
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CrowdStrike Launches “Falcon for Insurability” to Enhance Cyber Insurance Eligibility
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…
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Coalition Enters Excess Cyber Insurance Market in Australia
Coalition, an Active Insurance provider, has expanded into the excess cyber insurance market in Australia. This move allows businesses to enhance their cyber risk management with up to AUD 20…
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Email Fraud Dominates Cyber Claims in 2023: Coalition Report
Coalition, an Active Insurance provider, released its 2024 Cyber Claims Report, revealing that over half of all cyber insurance claims in 2023 were due to email-related fraud. The report, detailing…
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