The Source for Cyber Insurance News, Insights and Data
Chubb appointed Jimaan Sané as Head of Growth, Global Cyber, effective immediately. Sané will run performance and expansion for global cyber growth strategies. He will work with distribution and underwriting teams to deliver cyber insurance to clients and brokers. Chubb said the role spans all industries and sizes. Mike Kessler, Chubb’s Global Cyber Risk president, … Read more
Vendors Remain the Systemic Nightmare Scenario Cyber insurance still faces its biggest unknown: a major third-party outage hitting thousands of customers at once. On the latest Cyber Insurance News & Information podcast, host and executive editor Martin Hinton talks with Peter Foster, Chairman of Willis’ Global FINEX Cyber Solutions, about that risk. Foster describes a … Read more
Liberty Mutual Insurance has launched two new global products designed to strengthen cyber insurance coverage for companies across multiple regions. The first, Liberty Cyber Resolution™ addresses cyber risks for businesses across industries. Liberty Tech Resolution™ combines cyber insurance coverage with technology errors and omissions protections, meeting the unique needs of the technology sector. Navigating The … Read more
News Amid 2024 Threat Surge – France spent 2024 on alert as Paris readied the Games and attackers gathered. France’s National Agency for the Security of Information Systems (ANSSI) logged 4,386 cybersecurity events. That represents a 15% over 2023. Intrusions targeted critical infrastructure and Olympics-linked systems drew intensified strikes. The year’s story was “pression” (pressure), … Read more
New Estimates of Cyber Insurance Market Size – We like to keep up to date on analysis of the size and growth of the cyber insurance market. Days ago Gallagher, the large cyber insurance broker, reported the cybersecurity insurance market is projected to surge from $16.66 billion in gross written premiums in 2023 to $120.47 … Read more