The Source for Cyber Insurance News, Insights and Data
Zero Networks Leadership has a new look with the announcement of three senior hires to advance product development and global growth. The company hired industry veterans. They have experience in cybersecurity and enterprise technology. Albert Estevez Polo The new Field CTO is Albert Estevez Polo. He has 25 years of experience in technology. That includes … Read more
Envelop Risk, a leading cyber reinsurance and analytics firm, has surpassed $1 billion in gross written premiums (GWP) since its 2018 launch. The company achieved a compound annual growth rate of 40% over this period. In addition, MS Reinsurance has renewed its capacity agreement with Envelop for another three years. Additionally, MS Reinsurance has signed … Read more
Option3, a cybersecurity private equity firm, has named Karl P. Kilb III as Chief Strategy Officer (CSO) for its ENIGMA Zero Trust platform. He brings over 30 years of experience, including 22 years at Bloomberg LP, where he established its global legal department and led enterprise sales. Kilb emphasized ENIGMA’s role in tackling critical cybersecurity … Read more
The cyber insurance market remains favorable to buyers, offering competitive pricing, broader coverage, and better terms, particularly for those who need cybersecurity measures. But, there is always a but. Simmering geopolitical tensions threaten this reality—conflicts between nations escalating present the potential to disrupt the “friendly” reality overnight. Amwins is out with their The State of … Read more
A new report from data management firm NetApp reveals that one in five companies—20 percent—fail to regain data lost as a result of a cyberattack, a scenario as devastating as a flood in which one in every five damaged homes is never rebuilt, leaving their owners with no option but to start over from scratch. … Read more