The Source for Cyber Insurance News, Insights and Data
Deal Targets Middle-Market Cyber Risk Markel is giving eligible U.S. cyber insurance policyholders access to Upfort Shield to curb common attacks. The package adds AI automation, monitoring, training, and endpoint detection and response. The insurer aims to cut claim frequency as carriers tighten renewal standards. Markel said eligible policyholders can activate the tools alongside their … Read more
In the wake of alarmingly frequent cyberattacks targeting hotels, restaurants, and other hospitality businesses, a new partnership offers hope. Upfort, a leading cybersecurity and insurance platform, has joined with Parker, Smith & Feek, and the Washington Hospitality Association. This will empower over 6,000 industry members in the state to manage cyber risks and safeguard their … Read more
In a strategic cyber insurance alliance, Upfort and Arch Insurance have joined forces to enhance cyber resilience for small and medium-sized enterprises (SMEs). The collaboration aims to “transform” the cyber insurance landscape by prioritizing broad coverage, competitive pricing, integrated security solutions, and a digital experience through group programs developed with brokers. Cyber insurance premiums are … Read more
Formerly known as Paladin Cyber, Upfort has raised $8 million from SYN Ventures, with participation from Eniac Ventures and Fika Ventures (Upfort seed investor). Valuation was not disclosed. The company describes itself as a cyber security and insurance platform that can improve underwriting for cyber liability insurance. “Upfort’s proprietary cybersecurity technology streamlines the cyber insurance purchase and underwriting process … Read more