Marsh McLennan

Cyber Insurance Policy Insights: Measuring Breach Risk with The SecurityScorecard BSI

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Cyber Insurance Policy Meets Predictive Analytics Cyber insurers face surging claims and evolving attack patterns. SecurityScorecard’s Breach Susceptibility Indicator (BSI) offers a precise way to measure cyber risk for every cyber insurance policy. The BSI quantifies breach likelihood using verified historical data, enabling insurers to forecast losses more effectively. A Data-Driven Metric for Risk Evaluation … Read more

Incident Response Planning Cuts Cyber Risk, Marsh Report Finds

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Incident Response shield graphic with network grid, echoing Joseph Wright of Blue Team Alpha’s insights.

Joseph Wright of Blue Team Alpha recently explained on the Cyber Insurance News podcast that incident response planning saves money. “The financial hit multiplies ten to fifteen times beyond what proactive measures would have cost,” Wright said. You can hear that episode here or here. That message now echoes in a major report from Marsh … Read more

CyberShore Bermuda: Marsh Unveils $30M Excess Cyber Insurance Facility

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Marsh Unveils CyberShore Bermuda Cyber Insurance Facility Marsh has launched CyberShore Bermuda, a new cyber insurance facility offering $30 million in excess Bermuda capacity. The facility targets coverage layers above $75 million. It provides follow-form excess coverage that aligns with existing cyber insurance programs. Claims Enhancement Streamlines Process A standout feature is the claims enhancement. … Read more

Marsh Expands Cyber Insurance with Cyber Echo Encore, Adding $45 Million Coverage

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Marsh has introduced Cyber Echo Encore. This is an enhancement to its Cyber Echo insurance facility. The expansion provides up to $45 million in additional cyber insurance capacity. The cyber risk protection is underwritten by London market insurers outside of Lloyd’s. Broader Coverage Beyond Lloyd’s Market Lloyd’s launched Cyber Echo in 2016, making it the … Read more

Cyber Insurance Sunday – Upload

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Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some from us, some from others: Searchlight Cyber and Marsh McLennan shine a light in the Dark Web; CFC and Blackpanda grow; Cowbell Examines Insider Threats; OpenText takes on state-sponsored cybercrime; Hospitals, Shipping Ports and Water Treatments plants … Read more

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