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Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage

Insurance Journal

Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley industries around the world, but the theme of policy language is reoccurring for a cyber insurance industry not known for …

Cyber 299
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Cyber Security and Risk Mitigation

Insurance Journal

Security leaders should be exercising every available option to upgrade their security posture, and cyber insurance policies could make or break the resiliency for many organizations across nearly all industries — K-12 education, retail, healthcare, manufacturing and more. Just last …

Cyber 298
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7 Policies Electrical Manufacturers Need To Protect Their Business 

Central Insurance

From product liability to cyber threats, learn how specialized protection, proactive loss control, and an experienced insurance partner can help safeguard your electrical manufacturing business. The post 7 Policies Electrical Manufacturers Need To Protect Their Business appeared first on Central Insurance Blog.

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Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Property Insurance Coverage Law

Is an Invasion Covered Under a Commercial Insurance Policy? where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa! appeared first on Property Insurance Coverage Law Blog.

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Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production

Insurance Journal

The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower the risk of a cyberattack and the cost to recover from one. In addition to always-on threat monitoring …

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Markets/Coverages: AXIS Launches Cyber and Liability Policy for Canadian SMEs

Insurance Journal

the Bermuda-based specialty re/insurer, announced the launch of an insurance policy that offers customizable cyber and specialist liability coverage to companies in Canada with up to C$2 billion (US$1.5 The AXIS Cyber Technology … AXIS Capital Holdings Ltd., billion) in revenue.

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Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix

Insurance Journal

The portion of the loss covered under cyber insurance policies … The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 billion, modeling and insurance services firm Parametrix estimates.