The Leading Source for Cybersecurity Insurance News, Insights and Data
Cyber risk analytics firm Cyberwrite and global insurance broker Howden have expanded their partnership to deliver cyber risk insights. The partnership is now active in 52 countries and also available…
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According to S&P’s Cyber Risk Insights: Cyber Catastrophe Bonds Offer Greater Scope for Risk Mitigation, the cyber ILS market is poised for significant expansion. With rising demand for cyber insurance,…
Read More “Cyber Catastrophe Bonds Poised for Growth Amid Rising Demand, Says S&P” »
MAPFRE RE has signed a three-year agreement with CyberCube to enhance its cybersecurity risk management capabilities. The partnership allows the global reinsurer to license CyberCube’s cyber risk analytics tools. MAPFRE…
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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…
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Cybersecurity risks are escalating as businesses embrace digitalization, creating one of the most urgent challenges of our time. Cyber incidents, including ransomware attacks and data breaches, have topped global risk…
Read More “Innovation, Models, and Policy Standards Can Propel Growth in Cyber Cat Bonds and ILS: Geneva Association” »
Envelop Risk, a leading cyber reinsurance and analytics firm, has surpassed $1 billion in gross written premiums (GWP) since its 2018 launch. The company achieved a compound annual growth rate…
The Company‘s new business unit, Envelop Risk Solutions, will provide technical assistance to reinsurance providers “across the full capital management spectrum, including: cyber underwriting and underwriting strategy, cyber modelling, scenario…
Guy Carpenter, the global risk and reinsurance specialist under the Marsh McLennan umbrella, has taken steps to address the volatility of cyber risks with the launch of its groundbreaking product,…
DeNexus Inc, situated in Boston, Massachusetts, has reinforced its re/insurance and Insurance-Linked Securities (ILS) proficiency with the recent recruitment of George Mawdsley, a cyber risk solutions specialist from Securis Investment…
Read More “DeNexus Strengthens Cyber Risk Solutions with Hire Of George Mawdsley” »
144a Catastrophe (“Cat”) Bonds are trade-able (re)insurance-linked securities (ILS) that “cover more remote risk and that coverage is on a named-perils basis, which provides a level of predictability.” “’While there…
Read More “2023 Could See First Cyber “144a Cat Bond:” CyberCube ” »