The Source for Cyber Insurance News, Insights and Data
CFC has announced the departure of Chief Underwriting Officer (CUO) Dan Trueman as part of a leadership restructuring. CFC Restructures Underwriting Leadership as Trueman Exits The specialist insurance provider conducted a strategic review and decided to reshape the CUO role to align with its global growth plans. As a result, Trueman is leaving the company. … Read more
Why a Cyber Risk Pool is Essential A newly released report from Lockton Re, “Cyber Risk Pools and Public-Private Partnerships: Time to Dive In?” highlights the urgent need for a cyber risk pool to mitigate the financial impact of large-scale cyberattacks. The report warns that existing insurance solutions are insufficient to handle systemic cyber threats, … Read more
A new report from SecurityScorecard reveals some interesting details about third-party cyber risks in insurance. Among them, 59% of insurance industry breaches stem from third-party attack vectors. These findings underscore vulnerabilities in the supply chain that expose critical policyholder data to cyber threats. The study analyzed 150 top insurance firms, revealing an industry struggling with … Read more
Envelop Risk has announced two executive promotions Graeme Bell to Group Chief Operating Officer (COO) and Simon Welton to Executive Vice President (EVP) – Underwriting Performance and Strategic Partnerships. Graeme Bell Appointed as COO Bell joined Envelop Risk as a non-executive director in 2020. He transitioned to an executive role as Group Chief Legal Officer … Read more