The Source for Cyber Insurance News, Insights and Data
Cavelo Inc. and DataStream Insurance have partnered to simplify the cyber insurance process for Managed Service Providers (MSPs). This collaboration aims to help MSPs manage cyber risk more effectively and access lower insurance premiums. As cyber threats increase, organizations face higher risks of data breaches, increasing the liability and legal risks for MSPs. Many MSPs … Read more
Amid the rising tide of cybercrime and frequent hacking incidents, Vantage Group Holdings Ltd. (Vantage) has introduced U.S. primary cyber insurance to meet the growing demand for robust cyber risk management. This new coverage offers up to $10 million in capacity. It also marks an expansion of Vantage’s insurance capabilities in both the U.S. and … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: CrowdStrike lends a hand to Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, and Coalition; Rate News and Hospital Hacks in the UK; At-Bay takes on Larger Enterprises; Watchdog in Canada With a Warning. Some we … Read more
Technavio’s latest report, Aerospace Insurance Market Analysis, predicts that the global aerospace insurance market will expand by USD 819.3 million from 2024 to 2028. That’s a CAGR of 4.48%. This is driven by the expansion and construction of new airports and a notable shift towards non-airline aviation services like charter flights. Cyber Liability Insurance One … Read more
In a collaborative effort to strengthen digital defenses and improve cyber insurance accessibility, CrowdStrike has unveiled its new Falcon for Insurability program. This initiative is designed to help organizations qualify for cyber insurance with top-tier protection at preferred rates. The program allows insurers like Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition, … Read more