The Source for Cyber Insurance News, Insights and Data
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Zywave, Cyberboxx, and CRC with moves, The First-Ever Cloud Outage Cat Bond, Election Risks and Staggering numbers coming out in the wake of the United Healthcare hack. There’s more. … Read more
Zywave, an insurtech provider, announced the launch of its new Cyber Quoting platform today. The platform connects global cyber insurers with U.S. distributors, simplifying the data collection process used for generating insurance quotes. This addition is part of Zywave‘s efforts to enhance its range of quoting and proposal solutions. According to Eric Rentsch, Chief Product … Read more
Cytora has entered into a partnership with cybersecurity firm DynaRisk to enhance insurers’ ability to assess and mitigate cyber risk. Cytora will incorporate DynaRisk’s cyber risk assessment data suite into its platform. This move is expected to enable underwriters to factor in various aspects of cyber risk more quickly and accurately when determining insurance quotes. … Read more
BOXX Insurance, a prominent cyber insurance technology firm in Canada, announced the release of Cyberboxx Business 5.0. It is the latest version of its integrated cyber insurance and protection product. The update aims to enhance the resilience of businesses against cyber threats by simplifying coverage and making policies more accessible, especially for small businesses. The … Read more
In a groundbreaking venture into the financial aspects of cybersecurity, Parametrix, a front-runner in cloud monitoring and insurance, and Hannover Re, a leading global reinsurer, debuted the first-ever Cumulus Re catastrophe bond. Valued at $13.75 million, this bond is specifically designed to mitigate losses due to prolonged cloud service outages. This is an increasingly critical … Read more