6lock Puts A Lloyd’s Policy Behind The Wire Transfer

Cyber Insurance News story on payment fraud insurance showing a closed vault door with a lit keypad and an envelope on the floor, for article on payment fraud insurance.

Private equity moves large sums on short notice. Much of that money still moves on the strength of an email. 6lock wants to change that. Now it has put an insurance policy behind the attempt. The Austin-based Verified Money Movement platform announced coverage of up to $1 million per occurrence for eligible transactions. The policy … Read more

CFC Appoints Nick Line as Chief Underwriting Officer

CFC has announced the appointment of Nick Line as Chief Underwriting Officer, effective in 2026. Line has served in various senior roles during his 28-year tenure at Markel, including Chief Actuary and Chief Underwriting Officer. He has led key initiatives to expand product offerings, grow into new markets, and drive sustainable, profitable growth. O’Shea: Line … Read more

ABI and Lloyd’s Publish Comprehensive Guide on Defining Major Cyber Events

An action plan is crucial for any company facing a crisis, and when it comes to cyber events, having a well-defined strategy can make all the difference. The newly released guide, “Components of a major cyber event: a (re)insurance approach,” from the Association of British Insurers (ABI) and Lloyd’s of London, serves as an action … Read more

Cyber Insurance Sunday – Upload

Here it is – Your Cyber Insurance Sunday – Upload — A few items from the week. Some we reported on, and others we found interesting. Lloyd’s looks at the impact of AI, some rough news for insurtech investments, and just a little bit (sarcasm) on the UnitedHealth hack, dubbed by some as “the most … Read more

The Evolution of Cybersecurity: Introducing the International Cycore Facility

WTW, a global advisory and solutions firm, has introduced the International CyCore Facility (ICF). An offering tailored specifically for international clients outside of Great Britain and the US. Designed to address a spectrum of cybersecurity threats, the ICF offers coverage for malicious acts, non-malicious acts, and technical failures. This comprehensive solution encompasses cyber incident response … Read more

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