cyber liability insurance

Howden Partners with Chubb, LSM, Mosaic, and Safe Security to Launch Howden Safe+, Cyber Insurance for Mid-Size Corporations

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Howden has introduced Howden Safe+, a cyber insurance solution for mid-size corporations with revenues between $250 million and $2 billion. The platform reduces underwriting questions by 30%, aiming to streamline the procurement process without compromising coverage quality. Overall, it is an intriguing cyber insurance proposition for mid-size corporations. Developed in collaboration with Safe Security and … Read more

Vienna Insurance Group Launches Cyber Security Firm to Protect SMEs

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Vienna Insurance Group AG (VIG), the largest insurance group in Central and Eastern Europe, has established Cyber Risk Solutions GmbH (CyRiSo), a new cyber security company targeting small and medium-sized enterprises (SMEs). The firm aims to provide comprehensive support to reduce cyber risks and to prevent and resolve damage from cyber attacks. “Cyber attacks have … Read more

Miller Partners with CyberCube to Expand Cyber Risk Assessment for Clients

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Insurance broker Miller has announced a new partnership with CyberCube, a leading cyber risk analytics provider, to enhance its cyber risk management services. Through this partnership, Miller will license CyberCube’s Broking Manager and Prep Module tools, enabling its brokers to deliver data-driven insights and support clients across various industries in assessing and managing their cyber … Read more

Cyber Insurance Coverage Gaps: 32% of Companies Vulnerable – Nationwide Survey

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Striking new findings suggest a significant percentage of companies lack cyber insurance despite ongoing and sophisticated threats posed by a range of cyberattack scenarios. The 2024 Cybersecurity Risk Managers Report reveals that 32% of companies surveyed do not have dedicated cyber insurance coverage, leaving them vulnerable to potentially devastating financial and operational impacts in the … Read more

Cybersecurity Readiness: Why Most Enterprises Overestimate Their Resilience

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Cybersecurity and insurance leaders should consider bringing in more psychologists to help overcome the challenges inherent in human behavior: overconfidence, narcissism, underestimating time requirements, and other traits that undermine effective cybersecurity. These human factors help explain why many organizations feel prepared for cyber threats but are still vulnerable. Kyndryl’s latest survey reveals a troubling gap … Read more

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