Cyber Criminals Target Remote Workers and ‘Critical Infrastructure to Corner Stores’ July 30, 2021 The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to...
As Cyberattacks Rise, Cyber Insurers Are Rethinking Their Business July 21, 2021 By Katherine Chiglinsky and Max Reyes The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat...
Cyber Insurers Hike Rates But Worry About Pricing Long-Term As Losses Mount: Fitch May 27, 2021 U.S. insurers offering cyber coverage have been implementing significant pricing and underwriting actions in 2021 in response to a spike...
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...
CFC Underwriting Taps Francis from Aon/Stroz Friedberg as Cyber Claims Director July 26, 2019 CFC Underwriting, the London-based managing general agent that specializes in emerging risks, announced the appointment of Roger Francis as Cyber...
State of the Cyber Insurance Market- Top Trends, Insurers and Challenges: A.M. Best June 18, 2019 The cyber insurance market continues to grow and underwriting performance in this line remains strong, according to a new industry...
Chubb Launches Online Cyber Risk Index April 12, 2018 Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the...
Cyber Insurance Claims from Fraudulent Instruction Scams Rise: Beazley February 5, 2018 Organizations are being forced to deal with an increased threat to their operations from fraudulent instruction scams, according to specialist...
Panensky to Lead New Ironshore Computer Emergency Response Team August 25, 2017 Ironshore Inc. has unveiled a Computer Emergency Response Team (CERT) to manage cyber claims across all product lines. CERT-Ironshore is...
Effective Cybersecurity Strategy Rests on People, Not Just Technology March 1, 2017 While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so...