The Source for Cyber Insurance News, Insights and Data
Vendors Remain the Systemic Nightmare Scenario Cyber insurance still faces its biggest unknown: a major third-party outage hitting thousands of customers at once. On the latest Cyber Insurance News & Information podcast, host and executive editor Martin Hinton talks with Peter Foster, Chairman of Willis’ Global FINEX Cyber Solutions, about that risk. Foster describes a … Read more
Cyber Risk Strategy Directors and officers today navigate a relentless storm of cyber threats. Phishing attacks, ransomware demands, and weak cybersecurity controls amplify the cybercrime pressure leaders face daily. The weight of leadership grows heavier as cyber incidents demand constant vigilance. The latest survey by Willis underscores this reality, highlighting evolving global attitudes toward cyber … Read more
Willis Towers Watson, WTW (NASDAQ: WTW), has unveiled CyCore Asia. This new cyber insurance solution is tailored for businesses in Singapore and Hong Kong. Collaborating with underwriters QBE Insurance Group and AXA XL, WTW offers primary insurance capacity of up to USD 15 million, addressing growing cybersecurity concerns. The initiative responds to findings from WTW’s … Read more
WTW (Willis Towers Watson) announced the appointment of Sean Plankey as the Global Leader of Cybersecurity Software. Plankey, a noted expert in the cybersecurity field, will lead the launch and commercialization of WTW’s new range of security software. His appointment aligns with WTW’s focus on technology and innovation, especially in the area of cyber risk … Read more
Must be a lawyer. Duties include: “Advise clients of their claim related obligations under the policies and establish client-specific claims management procedures Provide claims advocacy on behalf of clients by providing written responses to carrier coverage positions and by negotiating favorable claim resolutions” Source: Senior Cyber Claims Advocate at Willis Towers Watson / Insurance Journal … Read more