Better data analytics is enabling a number of new parametric insurance solutions from a product to cover losses caused by an active assailant to ways to manage supply chain risk.
Long gone are the days when cyber insurers offered broad coverage and plenty of capacity. Here are the things you must know about today’s cyber insurance market.
In May, London-based CFC Underwriting announced that it had named James Burns as head of cyber. Mr. Burns now heads a team of more than 50 underwriters who are devoted to underwriting cyber risk for large corporate clients and SMEs.
Chubb’s 2021 Personal Cyber Risk Survey finds no one is safe from the chance of a cyber attack, from health care providers to businesses to remote work employees.
Allied World’s Joyce Duarte talks to Risk & Insurance about opportunity within professional lines management and what risks are proving difficult for underwriters.
A recent ransomware attack on the Colonial Pipeline left much of the Eastern U.S. in fear of serious fuel shortages. This attack highlights inconsistencies and weakness within the U.S. IoT cyber security capabilities.
Sudhakar Ramakrishna hadn’t officially started with SolarWinds when the company learned it suffered one of the largest data breaches in history — affecting Fortune 500 companies and top government agencies.
The COVID-19 pandemic exacerbated the threat and likelihood of cyber security breaches for organizations, Munich Re’s 2020 cyber risk report found. Despite the growing risk of cyber attacks, companies and organizations are still not utilizing cyber coverage to its fullest advantage.
Coalition CEO Joshua Motta shares his views on the evolution of cyber insurance, insurance regulation and a number of additional topics with Risk & Insurance.