Cyber Business Interruption Remains Area of Uncertainty for Insurance June 12, 2018 By Elizabeth Blosfield Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what...
XL Catlin Adds Cyber Solution to UK Casualty Insurance Offering June 12, 2018 XL Catlin’s insurance operations in the UK announced the extension of its casualty insurance offering to include a cyber solution....
Europe’s New Data Privacy Law Boosts Cyber Insurance Sales May 22, 2018 By Carolyn Cohn Data privacy rules coming into force this week are giving Europe’s fledgling cyber insurance market a boost as they make...
U.S. Cyber Market Grew 32% in 2017 But Most Small-Medium Firms Opted Out: A.M. Best May 21, 2018 The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year over...
GDPR Insurance: Coverage for Fines Hard to Find But Other Non-Compliance Costs Insurable May 16, 2018 The civil fines for non-compliance with the European’s new data privacy law can be steep but organizations across Europe should...
Ohio Chocolate Company: Hacker Stole Customer Info May 15, 2018 Malley’s Chocolates is warning 3,400 online customers that their credit or debit card information might have been compromised by a...
How UK Brokers View Cyber Insurance May 15, 2018 The majority of UK brokers see cyber as an important and growing market yet nearly one-third admit to a “poor”...
U.S. Cyber Market Is $2 Billion, Growing Fast, Profitable: Fitch May 10, 2018 Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S....
Cyber Insurance Startup At-Bay Secures $13 Million in Funding May 9, 2018 California-based At-Bay, a digital cyber risk monitoring and insurance firm, reports it raised $13 million in Series A funding, bringing...
Insurers Say Cyber Insurance Underwriting Is Profitable for Now: PwC April 26, 2018 Carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance...