The Source for Cyber Insurance News, Insights and Data
Resilience has announced a significant enhancement to its cyber insurance offerings, doubling its coverage limits for US clients to $20 million per client in response to escalating cybercrime threats. This increase aims to bolster defenses against the rising tide of cyber attacks. The new limits are part of a syndicate agreement with Lloyd’s Insurance Facility, … Read more
The cyber insurance market is experiencing unprecedented growth, driven by escalating cyber threats and stringent regulatory requirements. A recent report by Morningstar DBRS, Cyber Insurance Market Growth Driven by Regulatory Changes and Rising Geopolitical Tensions, reveals that the market is poised for significant expansion in the coming years. Cyber insurance, a relatively new product, covers … Read more
Allianz Commercial has announced a significant addition to its global leadership team. Vanessa Maxwell has been appointed as the Global Head of Cyber, while continuing her role as Global Head of Financial Lines. This dual role, effective immediately, underscores the strategic importance of both Cyber and Financial Lines to Allianz Commercial. Maxwell, who brings over … Read more
In a move to enhance cybersecurity defenses, AttackIQ and Trium Cyber have announced a global partnership to equip policyholders with cutting-edge security solutions. This collaboration will introduce AttackIQ Flex, an on-demand, agentless test-as-a-service, to Trium Cyber’s insurance policyholders. The result? Continuous security testing to bolster cybersecurity maturity and mitigate risks. “Cyber Risk” AttackIQ, a leader … Read more
Zywave, a leading insurtech provider, honored the cyber risk industry’s best individuals and firms at the 11th annual Cyber Risk Awards at Gotham Hall in New York City on Thursday, June 13, 2024. Everyone loves a good party, especially when it comes with awards and recognition for hard work—just ask the cybersecurity professionals who packed … Read more