Cyber insurance has matured beyond its early role as a balance-sheet hedge. As cybercrime grows more complex and interconnected, buyers are no longer satisfied with coverage that responds only after a ...
Premium reductions, stable pricing, and ample reinsurance capacity have created what many brokers might call an ideal market.
The cyber-insurance market continues to generate profits for underwriters, but competition in the market and softening demand has led to a decline in the total revenue from premiums for the third ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
Cyber-insurers are tightening requirements as claims rise, shifting from compliance checks to mandated identity controls. New ...
While security breaches that affect large enterprise businesses tend to make the biggest headlines, small businesses are just as vulnerable, if not more so. In fact, a recent survey by Mastercard ...
The start of this year saw an anticlimactic resolution of an insurance coverage dispute over the application of an exclusion for “hostile or warlike action” to a state-sponsored cyberattack. The ...
A strong cyber insurance program is a critical risk management tool for companies, regardless of size or industry focus. When properly crafted, cyber insurance should protect a company against the ...
A cyber insurance risk assessment finds the systems and assets most at risk of cyberattack. Learn about cyber insurance and ...
The number of cyberattacks is soaring—especially from attackers using the burgeoning technology of generative artificial intelligence. Not only are the numbers increasing, but many of these attacks ...
The SEC public company cyber disclosure rule raises issues that companies should consider in reviewing existing insurance coverage and in assessing overall risk. The SEC recently adopted a new ...
Coalition, an active insurer focused on preventing digital risks, has expanded its UK operations to include organisations ...