CRC Group and INSUREtrust Unveil Cyber.IE Excess Facility, Form New Cyber Practice Group

CRC Group, a major wholesale specialty insurance distributor in North America, has launched Cyber.IE, a new exclusive excess cyber insurance product. The company statement said this product offers the largest wholesale exclusive cyber capacity available in the domestic market, providing substantial protection and flexibility for businesses needing excess cyber solutions. The limit for this new … Read more

TransRe Strengthens Cyber Focus with New Leadership Roles

TransRe has announced key promotions to enhance its cyber underwriting capabilities and service offerings. Tina Kališnik has been promoted to Global Portfolio Leader, Cyber, and Diana Liu to U.S. Cyber Underwriting Leader. According to a company press release, Tina Kališnik, who joined TransRe in 2016, has been pivotal in developing the company’s European professional liability … 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: AdvantageGo and FortifyData tally up scores; Embroker and Millennial Shift get excessive; Netwrix with a heads-up for MSPs; Sophos looks at cyber insurance penetration; And AT&T…..yikes. There’s more. Take a look. Share it. Enjoy the reads. Enjoy the … Read more

AdvantageGo and FortifyData Partner to Enhance Cyber Risk Scoring for Insurance Industry

AdvantageGo, a commercial insurance and reinsurance software provider under Coforge, has partnered with FortifyData, an automated cyber risk management firm. This collaboration aims to improve the accuracy and comprehensiveness of insurers’ cyber risk scoring. AdvantageGo’s Underwriting Workbench will integrate FortifyData’s cyber risk ratings and monitoring capabilities. This integration will provide AdvantageGo’s clients with real-time insights … Read more

AI to the Rescue for Cyber Insurers? Not so Fast, Says New York State

“Artificial intelligence systems” (“AIS”) and “external consumer data and information sources” (“ECDIS”) can help insurers and companies, New York State regulators concede, but the technologies better not hurt “protected classes” or “perpetuate or amplify systemic biases that have resulted in unlawful or unfair discrimination,” warns the state in new regulatory guidance. Given the complexity of … Read more

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