The Source for Cyber Insurance News, Insights and Data
In a strategic move, leading cyber insurance provider Cowbell has broadened its coverage to include mid-market businesses in the UK. They will now accommodate those with an annual turnover of up to £1 billion. The expansion positions Cowbell as a significant player, catering to 99% of all UK-based businesses. Cowbell initially introduced its AI-powered cyber … Read more
Liberty Mutual Insurance Global Risk Solutions has expanded its cyber liability insurance team by appointing Elisabeth Case as Global Product Manager, Cyber. In her new role, Case will oversee cyber products and underwriting strategies worldwide. She reports to Matthew Hogg, Global Product Leader, Cyber. This marks the latest addition to Liberty Mutual’s Global Cyber team. … Read more
The Travelers Companies has officially sealed the deal on acquiring Corvus Insurance Holdings, Inc., a cyber liability insurance managing general underwriter known for its cutting-edge proprietary technology. Alan Schnitzer, Chairman and CEO of Travelers, expressed satisfaction with the partnership forged with Corvus over the past year. The completion of the acquisition marks the official integration … Read more
In 2023, the United States faced a relentless onslaught of financially driven ransomware attacks. These assaults impacted 2,207 hospitals, schools, governments, and private sector companies, as detailed by Emsisoft in their report “State of Ransomware.” The ransomware epidemic, as dire as ever, not only disrupted critical services. It also claimed lives, with an estimated 42 to … Read more
Just a few items from the week. It’s a wide bucket for Sundays, cyber insurance, cybersecurity, and more. Some we reported on, and others we found interesting. Quite a few items today; enjoy them and enjoy the day!