The Source for Cyber Insurance News, Insights and Data
Helvetia Switzerland has announced a new partnership with Coinnect to enhance its cyber risk underwriting and client security services. Starting at the end of 2024, Helvetia will adopt Coinnect’s advanced Cyber Insurtech platform, which uses artificial intelligence and cyber intelligence to evaluate and mitigate risks for clients. The collaboration aims to deliver more comprehensive risk … Read more
In the world of cyber insurance, data serves as a crucial tool for brokers, transforming information into actionable insights that empower better decision-making. Zywave has introduced a new data-driven enhancement to its Cyber Quoting solution, integrating benchmarking and loss data to provide brokers with insights that improve client coverage decisions. This feature allows brokers to … Read more
An action plan is crucial for any company facing a crisis, and when it comes to cyber events, having a well-defined strategy can make all the difference. The newly released guide, “Components of a major cyber event: a (re)insurance approach,” from the Association of British Insurers (ABI) and Lloyd’s of London, serves as an action … Read more
CFC has launched a dedicated European corporate cyber team to expand its cyber insurance services across Europe. The specialist insurer appointed Ilaria Silvato, former international underwriting manager for cyber risks at Beazley, to lead this team and drive its growth. Silvato, with 13 years in the insurance industry, brings extensive knowledge of the insurance cycle … Read more
Beazley plc remains on track to meet its full-year guidance, reporting a 7% increase in insurance written premiums, reaching $4.6 billion by the end of Q3 2024. Net insurance written premiums also rose by 7%, totaling $3.8 billion, while premium rates on renewals remained steady as anticipated. The insurer achieved a robust investment return of … Read more