The Source for Cyber Insurance News, Insights and Data
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
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
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, 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
Cytora has entered into a partnership with cybersecurity firm DynaRisk to enhance insurers’ ability to assess and mitigate cyber risk. Cytora will incorporate DynaRisk’s cyber risk assessment data suite into its platform. This move is expected to enable underwriters to factor in various aspects of cyber risk more quickly and accurately when determining insurance quotes. … Read more