cyber insurance News
Consistent Policy Wording Bringing Some Relief to Evolving Cyber Market
Consistency within cyber insurance policies is something the industry has been grappling with for nearly a decade, according to speakers at the annual RIMS Riskworld ...
Clients Buy Higher Limits as Q1 Cyber Increases Follow Moderation Trend: Marsh
For the fifth straight quarter, pricing increases for cyber insurance continued to fall at the start of 2023. According to a new U.S. Cyber Purchasing Trends report from broker Marsh, prices were up ...
Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts
In a year when cyber insurers notched the third-lowest industrywide loss ratio since 2015, and cyber premiums vaulted to $7.2 billion, a premium ranking shows two carriers growing more than 150 ...
Munich Re: Supply Chain, Ransomware Threats Top 2023 Cyber Risks
Global costs of cyber crime are expected to surge within the next five years, rising from an estimated $11 trillion in 2023 to nearly $24 trillion by 2027, according to the latest cyber insurance ...
Intangic MGA Launches Cyber Parametric Policy With Backing From AXA XL
Intangic MGA, a London-based cyber managing general agent (MGA), has been launched with capacity backing from AXA XL, offering new cyber insurance cover for large public corporations headquartered in ...
Which Came First, the Cyber Chicken or the Cyber Egg?
One of the biggest challenges for cyber insurers isn't predicting when an act of cyber war could occur but figuring out how to define cyber war in the first place.
Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a rollercoaster. He says that after several years of ... Trium Cyber is the industry's first Lloyd's-approved company to provide mono-line cyber coverage for U.S. risks. Launched in January 2023, the full-stack surplus lines ...
Experts Urge Empathy, Thoughtfulness for Insurers in Challenging Cyber Landscape
While the continuously evolving cyber threat landscape is a growing problem for insurers, experts on this episode of The Insuring Cyber Podcast say it's not an ...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster
Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus