Cyber Insurance Coverage

BOXX Insurance Expands U.S. Cyber Insurance Coverage with Strategic Leadership Hires

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The global insurtech, BOXX Insurance, announced three new appointments to drive its U.S. growth and cyber insurance coverage strategy. The Insurtech company continues to expand its U.S. presence through leadership in distribution, claims, and technology. Leadership to Strengthen Distribution and Broker Partnerships Joe Gates joins BOXX as Head of Distribution, Central. He will manage the … Read more

At-Bay Launches New Cyber Insurance Coverage for Ransomware and Financial Fraud

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Ransomware and financial fraud attacks are increasingly targeting businesses with higher frequency and greater cost. Mid-market companies now face average ransomware losses of nearly $470,000 and financial fraud claims of about $270,000. Many standard policies fall short of covering these risks. At-Bay has launched new InsurSec solutions designed to close that gap. The industry-first packages … Read more

Liberty Mutual Expands Global Cyber Insurance Coverage with Products

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Liberty Mutual Insurance has launched two new global products designed to strengthen cyber insurance coverage for companies across multiple regions. The first, Liberty Cyber Resolution™ addresses cyber risks for businesses across industries. Liberty Tech Resolution™ combines cyber insurance coverage with technology errors and omissions protections, meeting the unique needs of the technology sector. Navigating The … Read more

Leaked Credentials Drive Smart Cyber Insurance Coverage Decisions, Gallagher Re TIDE Analysis Shows

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Understanding Cyber Insurance Coverage in the Age of Leaked Data The landscape of cyber insurance coverage is evolving rapidly. A new analysis from Gallagher Re reveals how leaked credentials, often found on the surface, deep, and dark web—serve as powerful predictors of cyber claim frequency. This finding provides insurers with sharper tools to assess cyber … Read more

Cyber Insurance Coverage Gaps: 32% of Companies Vulnerable – Nationwide Survey

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Striking new findings suggest a significant percentage of companies lack cyber insurance despite ongoing and sophisticated threats posed by a range of cyberattack scenarios. The 2024 Cybersecurity Risk Managers Report reveals that 32% of companies surveyed do not have dedicated cyber insurance coverage, leaving them vulnerable to potentially devastating financial and operational impacts in the … Read more

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