The Source for Cyber Insurance News, Insights and Data
The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more
Understanding Cyber Insurance Coverage in the Age of Leaked Data The landscape of cyber insurance coverage is evolving rapidly. A new analysis from Gallagher Re reveals how leaked credentials, often found on the surface, deep, and dark web—serve as powerful predictors of cyber claim frequency. This finding provides insurers with sharper tools to assess cyber … Read more
Cyber Insurance Policy Offers $100,000 in Coverage Concierge Cyber has launched Concierge Cyber InsurePLUS™, a standalone cyber insurance policy for small and medium-sized enterprises. Lloyd’s of London backs the policy, which provides eligible members with $100,000 in coverage against cyber incidents. Concierge Cyber My-CHOICE Endorsement Enhances Vendor Flexibility A key feature is the My-CHOICE™ Breach … Read more
Mosaic Insurance has made two key leadership changes aimed at enhancing its global cyber insurance operations and client engagement strategy. DeLong Takes on New Global Role Yosha DeLong has been promoted to the newly created position of Global Engagement Officer. She will oversee global market outreach across business lines. This includes product distribution, business growth, … Read more
New Partnership Aims to Enhance Cyber Risk Management CyberSecOp, a Managed Security Services Provider, has partnered with Risk Strategies, a North American specialty insurance brokerage firm, to offer enhanced cybersecurity and insurance solutions. The partnership provides CyberSecOp clients with access to customized cyber insurance policies based on their security program’s maturity. Clients to Benefit from … Read more