New York Proposes ‘Flexible’ Cybersecurity Regulation for Insurers, Banks September 15, 2016 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to...
Allianz Launches Cyber Coverage to Address Emerging Risks August 10, 2016 Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect...
Cyber, Property Risks Not Easily Separated: Security Expert November 19, 2015 By Mark Hollmer The property/casualty insurance industry must change its approach to cyber security and update its coverage approach to help minimize risks,...
CFC Launches Cyber Policy for U.S. Healthcare Providers July 14, 2015 Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new policy developed specifically...
Top 3 Reasons Firms Are Buying Cyber Insurance June 12, 2015 Risk managers purchasing cyber insurance cite reputational harm, business interruption and data breach response and notification costs as the chief...
Where Cyber Insurance Underwriting Stands Today June 12, 2015 “You would think the first question to ask would be: Do insured parties understand the elements and limitations of coverage?”...
New York to Investigate Insurers’ Cybersecurity Work After Hacks March 27, 2015 By Doni Bloomfield Insurers doing business in New York State must tell a regulator there about efforts to prevent computer hacking, detailing the...
N.Y.’s Lawsky: Cybersecurity Likely Most Important Issue DFS Will Face in 2015 February 26, 2015 By Young Ha Cybersecurity is likely the most important issue that the New York Department of Financial Services (DFS) will face in 2015,...
N.Y. Announces New, Targeted Cybersecurity Assessments for Insurers February 9, 2015 New York State Department of Financial Services (DFS) today released a report on cybersecurity in the New York insurance industry...
Ex-U.S. Security Chief Ridge, Guy Carpenter, Lloyd’s Launch Cyber Policy October 7, 2014 Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions...