RIMS 2016: What’s the Biggest Risk for Cyber Insurers? April 14, 2016 Nobody really knows what the biggest cyber risk is. But Scott Stransky, senior scientist at risk modeling firm AIR Worldwide,...
BAE Uses Cyber Skills Developed in British Intelligence Services to Help Clients April 12, 2016 By Stephanie Baker In January, BAE Systems Plc got a routine call from a new client: The health-care company’s computer systems were mysteriously...
LIU Adds Cyber Extortion Endorsement to Product Recall Policies April 7, 2016 Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has launched a cyber extortion endorsement to its Product Recall and...
Chubb Adds Cyber Bullying Insurance for U.S. Homeowners April 5, 2016 Chubb has added cyber bullying coverage to its U.S. Masterpiece Family Protection policy to help cover clients and their families...
Islamic Militants Could Target Nuclear Industry, Security Experts Warn April 1, 2016 Meter-thick concrete walls and 1950s-style analog control rooms help protect nuclear plants from bomb attacks and computer hackers, but Islamist...
Beazley Provides Data Breach Response Insurance in Canada March 31, 2016 Beazley announced the launch of the company’s flagship Beazley Breach Response (BBR) product in Canada, which is data breach response...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey March 30, 2016 While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as...
Re/Insurers Must Respond to Evolving Terrorist Risk with Relevant Products: JLT March 25, 2016 By L.S. Howard The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of...
Former U.S. Security Specialist’s MGA Ridge Global Tackling Cyber Risks March 23, 2016 By Amy O'Connor It may be surprising to some that a former governor and head of National Security started an insurance company focused...
Chubb Global Cyber Practice Launches Service to Combat Ransomware Attacks March 23, 2016 In response to a 430-percent growth rate in Chubb’s criminal-related cyber losses over the past five years, Chubb’s Global Cyber...