Insurer AXA to Stop Paying for Ransomware Crime Payments in France May 9, 2021 By Frank Bajak In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France...
Insuring Cyber Podcast: Social Engineering Risks Rising, but Cyber Coverage Still Lacks April 28, 2021 By Elizabeth Blosfield The COVID-19 pandemic has upended the work environment in many ways, and cyber experts say one unfortunate result of the...
Cyber Attacks and Data Loss Are Top 2 Risks Facing Directors & Officers: WTW Survey April 23, 2021 By L.S. Howard Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices...
With Claims Rising, Cyber Insurers Need More Than Sizable Rate Increases: Fitch April 20, 2021 Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
Guy Carpenter Names Co-Heads of Cyber, Hiring Swiss Re’s Cordonnier, Promoting Davis April 19, 2021 Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the appointment of Anthony Cordonnier as managing director...
Corvus, Skyward Specialty to Offer Cyber Coverage for Cargo Risks April 16, 2021 Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty...
NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S. April 5, 2021 By Yakir Golan and Visesh Gosrani The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step...
Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion March 17, 2021 By Andrew G. Simpson Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth...
The Insuring Cyber Podcast Episode 9: Returning to the Early Days of Cyber Coverage March 17, 2021 By Elizabeth Blosfield With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an increasing number of businesses toward...