Zurich North America Announces Kara Higginbotham as Head of Professional Liability and Cyber for U.S.

Zurich North America has announced Kara Higginbotham’s appointment as the Head of Professional Liability and Cyber for U.S. National Accounts. Higginbotham will lead a team of underwriters tasked with serving the company’s largest corporate and middle-market clients in the United States. In her new role, Higginbotham will manage the development and implementation of the underwriting … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Zywave, Cyberboxx, and CRC with moves, The First-Ever Cloud Outage Cat Bond, Election Risks and Staggering numbers coming out in the wake of the United Healthcare hack. There’s more. … Read more

80% of Businesses Underinsured: Cyber Breach Costs Shockingly Higher Than Insurance Coverage – Report

In a recent report, CYE, a leading cybersecurity optimization platform provider, revealed alarming discrepancies in cyber breach insurance coverage. The study, “Inadequacies in Breach Insurance Coverage: A Data-Driven Gap Analysis,” highlights a massive 350% gap between organizations’ insurance coverage and the actual costs incurred from cyber incidents. This gap results in an average of $27.3 … Read more

Streamlined Cyber Insurance for Small Businesses: Acronis Partners with Mulberri

Mulberri, an AI-driven insurance platform, and Acronis, a leader in cyber protection, announced a new partnership today to offer cyber insurance specifically designed for small and medium-sized businesses (SMBs) in the United States. This collaboration integrates Mulberri’s cyber insurance directly into the Acronis platform, enabling Acronis’s customers to easily opt-in for coverage. This partnership is … Read more

Zywave Announces New Cyber Quoting Platform to Streamline Insurance Distribution

Zywave, an insurtech provider, announced the launch of its new Cyber Quoting platform today. The platform connects global cyber insurers with U.S. distributors, simplifying the data collection process used for generating insurance quotes. This addition is part of Zywave‘s efforts to enhance its range of quoting and proposal solutions. According to Eric Rentsch, Chief Product … Read more

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