cyber coverage News
Cyber Insurance Underwriting Advances to its ‘Teen’ Years in Terms of Experience
Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from ...
XL Catlin Rolls Out Online Portal Designed to Enhance Cyber Breach Services
XL Catlin is marketing a new online portal as a way to help its clients better address cyber breaches. Resources offered through CyberRiskIQ.Com range from service details to cyber-related news and ...
The Latest Launches From Ironshore and Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance launched two new policies that provide cyber liability and breach response coverage with risk management resources. They're known, respectively, as the ...
Cyber Risk Insurers Lag in Buying Cyber Cover
As recently as two years ago, only half of the top 10 carriers writing cyber insurance had purchased cyber coverage themselves, a broker specialist said recently. During an interview at the Standard ...
Standard & Poor’s: U.S. Insurers Responding Cautiously to Soaring Cyber Coverage Demand
Standard & Poor's predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the ...
P/C Insurers Seize Cyber Coverage Market Opportunities
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that's been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are ...
Marsh, Aon Benfield Launch Cyber Covers Aimed at Cat, Re Buyers
Some major industry players have launched new policies designed to address growing need and demand for cyber insurance. Marsh, the global brokerage unit of Marsh & McClennan Cos., recently ...
An Evolving Risk: Marsh’s Parisi on the Importance of Cyber Coverage
Marsh has tracked the evolution of cyber risk over the last 20 years as it has grown in scope—from technology failure to cyber terrorism and more. Cyber insurance has become an increasingly crucial ...