Cyber Insurance Expansion: RiskPoint Acquires Corvus in Frankfurt

Cyber Insurance Expansion Across Europe RiskPoint Group will acquire Corvus Underwriting GmbH, based in Frankfurt, from Travelers. The deal will be effective on September 1, 2025. The acquisition strengthens their position in the cyber insurance market across Germany and the broader European region. The deal enhances an already strong relationship with Travelers. Strategic Partnership Deepens … Read more

Travelers Launches Cyber Risk Services to Support Policyholders

Travelers Offers New Cyber Risk Services The Travelers Companies, Inc. has launched a new suite of cybersecurity tools. These are now included in all its cyber liability policies. The package, called Travelers Cyber Risk Services, aims to help businesses prevent, detect, and recover from cyberattacks. Key Features for Cyber Liability Policies Key features include a … Read more

Hackers Exploit GEICO and Travelers, Leading to $11.3 Million in Fines

When GEICO and Travelers were hacked, stealing personal information from over 120,000 New Yorkers. They exploited vulnerabilities in online auto insurance quoting tools to obtain driver’s license numbers and dates of birth. The stolen data was later used to file fraudulent unemployment claims during the peak of the COVID-19 pandemic. The Geico Travelers Hack Starting … Read more

Cyber Risk Tops Business Concerns as Threats Surge, Travelers Report Finds

If you’re a regular reader of this site, it won’t surprise you to learn that cyber risks have once again taken the top spot as the biggest concern for U.S. businesses. According to the 2024 Travelers Risk Index, cyber threats now worry more business leaders than any other issue. The annual survey conducted by The … Read more

SentinelOne Expands Cybersecurity Solutions for Insurance Providers

SentinelOne announced the SentinelOne Risk Assurance Initiative, a new cybersecurity program designed to help insurers improve their clients’ network security using the SentinelOne Singularity™ Platform. This program allows insurers to offer SentinelOne’s platform at preferred rates, aiming to stop attacks before they occur and reduce both financial loss and insurance premiums. Leading carriers and providers, … Read more

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