The Source for Cyber Insurance News, Insights and Data
A recent report published by the International Underwriting Association (IUA) and CyberCube has shed light on the increasing significance of supply chain risks within cyber insurance. It underscores the need for underwriters to scrutinize their clients’ business continuity plans. All while providing a comprehensive checklist for assessing an organization’s cyber supply chain. In a digital … Read more
Sophos, a leader in cybersecurity services, has unveiled a new development for businesses in the United Kingdom. Building on their partnership launched in the United States earlier this year, Sophos is teaming up with Cowbell, a provider of cyber insurance tailored for small and medium-sized enterprises (SMEs). The partnership aims to introduce adaptive cyber insurance, … Read more
In a startling revelation, Lloyd’s, the world’s premier insurance and reinsurance marketplace, has unveiled a systemic risk scenario that paints a grim picture of the global economy’s susceptibility to a major cyber attack. This hypothetical envisions a cyber strike on a major financial services payments system, leading to widespread disruption in global operations. The potential … Read more
KYND Limited, a provider of next-generation cyber risk management technology and services, has announced a strategic partnership with Nirvana, a UK-based specialty Managing General Agent (MGA). This collaboration will empower Nirvana’s underwriting team with advanced and actionable insights into organizational cyber exposure, enabling them to make efficient, data-driven risk selection decisions and ultimately optimize portfolio … Read more
USQRisk, the international managing general agent (MGA) specializing in alternative risk transfer solutions, has unveiled Pera. A managing general agent focused on providing cyber and blended cyber and technology E&O insurance to large U.S. domiciled corporate risks. Pera, a division of Desq, USQRisk’s managing general agent accelerator/incubator, marks the program’s inaugural entry into the market. … Read more