Confusing, Costly Cyber Policies Create Obstacles to Market Growth: Deloitte March 3, 2017 By L.S. Howard Despite the rising profile of cyber risks, buyers have failed to widely embrace cyber coverage. At the same time, insurers...
Level of Cyber Risk Management for Many Firms Is ‘Unsustainable’: Swiss Re March 2, 2017 By L.S. Howard Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cyber security into their mainstream risk management...
Helping Small Insurers Sell Cyber Coverage to Small Businesses February 24, 2017 By Denise Johnson With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no...
Beazley Taps Markel’s Tewfik as Underwriter for UK Tech & Data Breach Team February 17, 2017 Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business...
Gallagher Launches Manufacturers’ Cyber Solution to Close Coverage Gaps February 9, 2017 Arthur J. Gallagher announced it has responded to the “perfect storm” facing manufacturers – a rising risk of cyber attacks,...
AXIS Insurance Expands Cyber Team with Arklie and Tillett Appointments February 9, 2017 AXIS Capital Holdings Ltd. announced that Neil Arklie has joined AXIS Insurance as vice president, Financial Lines, and lead underwriter...
Cost of Insurance Is Top Factor in UK SMEs’ Buying Decisions: RSA Survey February 2, 2017 The cost of insurance premiums was ranked as the top deciding factor when picking a policy by 61 percent of...
Connected Homes Heighten Need for Personal Cyber Insurance January 27, 2017 Eight out of ten U.S. consumers have a home data network and more than a third of them connect entertainment...
Beazley Launches Pleasure Craft Cover on E-Trading Platform January 13, 2017 Beazley, a specialist marine insurer, announced that its custom pleasure craft insurance is available to quote and bind via the...
Gaps in Insurance Cover Expose Shipping Firms to Cyber Risks January 12, 2017 By Jonathan Saul and Carolyn Cohn Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved...