cyber insurance News
How AIG Is Using Cyber Intelligence to Protect Property from Cyber Attacks
A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber ...
ACE Lures Zurich’s Stapleton to Help Expand International Cyber Business
ACE Group snatched up a long-time Zurich executive to help propel its cyber insurance business internationally. Tim Stapleton is now vice president and cyber insurance product manager for ACE ...
AmWINS New Cyber Facility Offering $100M XS Capacity
Pointing to the declining appetites of insurers offering cyber insurance to large insureds, AmWINS announced the launch of a new dedicated excess facility, offering up to $100 million in excess cyber ...
Steering Wheels, Brakes Gone From Driverless Cars: Google’s Cerf
When Google started reporting accident statistics for its driverless cars in May, the technology giant learned something important that it has incorporated in the second iteration of its vehicles, ...
Bitcoins are Emerging as the Next Cyber Insurance Risk
Consumers around the world are racking up more than 100,000 financial transactions every day without using cash, credit cards or a barter system, How are all those buyers doing it? With Bitcoins, of ...
London Market: Center of Innovation or Stagnation?
When you think about the insurance market in London, one name tends to come to mind—Lloyd's of London. How something that started off as a coffee shop became such a global institution is a tale ...
Becoming Cyber Resilient: A Seven-Step Guide for Insurers
To effectively address cybersecurity issues and the myriad regulatory requirements taking shape, insurers should consider taking several steps. The seven steps set forth below are designed to move ...
I.I.I. Survey: Cyber Insurance Will See Major 2015 Growth
Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and M&A activity in 2015, according to a new Insurance Information Institute annual survey. I.I.I.'s ...