Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk July 9, 2020 Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber...
Canopius Launches Cyber Property Product to Address Silent Cyber Gap July 6, 2020 Canopius, the London-based specialty re/insurer, announced the launch of a set of cyber property products for medium-to-large corporations across all...
Business Cyber Losses Soar but Firms Fight Back with Extra Security Spending: Study June 23, 2020 By L.S. Howard Cyber losses among businesses have risen nearly six-fold during the past year, from a median cost of $10,000 per firm...
New Marine Cyber Specialist Astaara Gets Investment from West of England P&I Club June 17, 2020 Astaara, a marine insurance services business, announced it has secured a significant investment from UK marine insurer West of England...
Allianz Global Corporate & Specialty Launches ‘Cyber Protect’ Product for UK Market June 16, 2020 Allianz Global Corporate & Specialty (AGCS) announced the launch of a new Allianz Cyber Protect product in the UK. AGCS,...
Aon’s Seyfried Joins AXIS Cyber Insurance Leadership in U.S. June 16, 2020 Specialty insurer AXIS Insurance reported it has hired Eric Seyfried as Head of Cyber U.S. Open Market. In this new...
New Insurer Astaara Focuses on Protecting Maritime Industry from Cyber Risks June 12, 2020 A new insurance services business, called Astaara Company Ltd. (ACL), has been launched to protect maritime companies from cyber threats...
Kang Joins Allianz From Willis Towers Watson to Head Cyber in North America June 4, 2020 Allianz Global Corporate & Specialty (AGCS) announced that Thomas Kang is joining the insurer as head of Cyber in North...
Willis Towers Watson Launches Customized Cyber Insurance for Shipowners May 26, 2020 Willis Towers Watson announced the launch of CyNav, a new type of cyber insurance cover designed specifically for shipowners. The...
Coalition Launches Cyber Insurance and Security Coverage in Canada May 22, 2020 Coalition, the cyber insurance and security managing general agent, announced it is offering its products and services to Canada-based businesses....