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Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs

Insurance Journal

Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized enterprises (SME) in Germany and Austria. LSM …

Crime 147
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CyberLine Quarterly: A Look at Our Innovation, Expansion, and Global Impact

Cowbell

Were proud to now underwrite businesses with up to $1 billion in revenues in the US and up to 1 billion in the UK. With each expansion, we refine our underwriting models in real-time, anchoring our promise to swiftly pay claimsover $250 million disbursed to datewhen policyholders need us most.

Cyber 64
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Coalition Helps Cyber Insurance Brokers Protect Clients From Fraud

ProWriters

Modern Cyber policies need to do more than cover lossesthey need to actively prevent them. Thats the model Cyber Insurance brokers are starting to expect from their carriers. billion in reported losses , according to the FBIs Internet Crime Report. In 2023, business email compromise (BEC) caused $2.9

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RIMS TechRisk/RiskTech: Using Cyberrisk Analytics to Improve Your Cyber Insurance Program

Risk Management Monitor

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Cyber 66
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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches. Cyber liability insurance: Protects restaurants against the financial fallout of data breaches and cyberattacks.

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Hotel Insurance Costs and Coverages for Brokers

Distinguished

Cyber liability : A policy designed to cover the costs associated with cybercrime and data breaches. You can add on high-limit hotel umbrella insurance (limits up to $145 million) and cyber liability so your clients get the comprehensive hotel insurance coverage they need. Crimes like this dont just impact individuals.

Broker 52