Howden

Howden Provides a Single Policy to Cover  Three Nightmares of Cyber Attacks 

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Howden, a global insurance broker, has launched a new product that brings together professional indemnity (PI), crime and cyber liability into one policy. The new product, called Howden ProSecure, is designed to save businesses money and improve efficiency by reducing the need to manage multiple policies. PI insurance protects businesses against claims made against them … Read more

Cyber Insurance Rates Down This Year While Ransomware Attacks Increase: Howden

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The large European broker reports cyber insurance pricing is down some 9% so far this year, but ransomware incidents are up almost 50% YoY. So why the discrepancy? We think the lag between increases in ransomware attacks and growth in rates may be a significant part of the answer, as At-Bay noted earlier this year: … Read more

Global Cyber Insurance Pricing Increases 32% YoY (June): Howden Report

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“Howden’s research finds that global cyber insurance pricing has increased by an average of 32% year-on-year in June 2021  on the back of a 50% rise since data tracking began. Insurers are also demanding more from businesses’ cyber resilience and are only willing to deploy capacity if they are satisfied by the strength of companies’ … Read more

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