The Source for Cyber Insurance News, Insights and Data
Arch Insurance has unveiled its latest strategic move to solidify its position in the European cyber insurance market. The company announced the addition of Sergio Pierro as Senior Cyber Underwriter and Roxanne Deslandes as Cyber Underwriter. These appointments are part of Arch Insurance’s expansion within the European Union. The new recruits are set to join … Read more
Hanover Specialty’s new report reveals that small- and mid-sized businesses generally lack preparedness for the increasing threat of a cyberattack, even though they have high confidence in their organization’s cybersecurity posture. The report, titled “2023 Cyber Resiliency Report,” found that only 7% of small- to mid-sized businesses think it’s very likely that a cyberattack will … Read more
Protos Labs, a Singapore-based cyber risk management company, announced today that it has raised $3 million in seed funding. The company plans to use the funds to accelerate its global expansion and product development as it works to revolutionize the cyber insurance and risk management landscape. The cyber risk landscape is constantly evolving, making it … Read more
Arch Insurance has strengthened its foothold in the European cyber insurance market with the recent appointments of Jose Carlos Jiménez Fernández and Rafael Ortiz Losada as Senior Cyber Underwriters. Jiménez Fernández and Ortiz Losada will be part of the Arch Insurance (EU) dac team, specializing in property and casualty insurance solutions within the European Union. … Read more
CFC, a leading specialist insurance provider in emerging risk and a market leader in cyber insurance, conducted a recent survey revealing that IT departments constitute the biggest obstacle to the sale of cyber insurance policies. Brokers from across the United States participated in the poll. It sheds light on the challenges they face when promoting … Read more