small business cyber risks News
XL Catlin Will Sell On-Demand Cyber Cover Using Slice Labs’ Cloud-Based Platform
XL Catlin will use Slice Labs' cloud-based, pay-per-use platform for a new cyber insurance product. The insurer and reinsurer plans to offer the new coverage for U.S. small and medium-sized business ...
Smaller Firms Opting Out of Otherwise Soaring Cyber Insurance Market: A.M. Best
The U.S. cyber insurance market grew significantly in 2017, with direct premiums written hitting $1.8 billion, up 32 percent from the previous year, according to an A.M. Best special report. ...
Munich Re’s Hartford Steam Boiler Debuts Broad, Small-Biz Cyber Cover
Munich Re's Hartford Steam Boiler has started offering what it billed as comprehensive cyber insurance coverage for small to medium-sized businesses and other organizations. The HSB Cyber Suite ...
Cyber Attacks Leave Their Mark on Businesses Over Time: Lloyd’s Report
Businesses in Europe underestimate the "slow-burn" effects of cyber attacks and need to prepare more fully for a loss of customers, a fall in share price and other potential consequences, Lloyd's of ...
UK Insurer Aviva Will Launch Cyber Insurance for Small Businesses
British insurer Aviva plans to launch a new product to cover small and medium-sized businesses against cyber attacks later this year as part of an expansion of its specialist insurance division, its ...