Cyber Insurance Sunday – Upload
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: CrowdStrike – we gathered a collection of insurance-focused stories for you to consider;…
CrowdStrike Strike Out
A botched update from cybersecurity giant CrowdStrike triggered chaos across global IT systems on Friday, causing major disruptions for industries, including banks and airlines. “We have been made aware of…
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…
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…
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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…
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…
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”…
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Mullen Coughlin LLC Expands Incident Response Team with New Partner
Mullen Coughlin LLC, a global data privacy and security law firm, announced the addition of Thomas I. Moran, CIPP/US, as a Partner in its Incident Response practice in Ohio. This…
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Embroker and Millennial Shift Launch Automated Excess Tech E&O
Embroker has announced a strategic partnership with Millennial Shift Technologies (MShift), a policy distribution platform for insurance brokers. This partnership introduces an automated Excess Technology Errors and Omissions (Tech E&O)…
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Cyber Insurance Market to Surge, Projected to Reach $100.62 Billion by 2031 – Report
According to a SkyQuest Technology report, the global cyber insurance market, valued at $12.94 billion in 2022, is poised for exponential growth. Analysts forecast the market to expand from $16.21…
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