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What Artificial Intelligence in Cyber Security Means for Brokers

ProWriters

The Cyber Insurance market is bracing for a massive shift, and artificial intelligence is at the center of it all. On one hand, AI is supercharging cyber threats, making attacks faster, more sophisticated, and harder to detect. So, where does this leave Cyber Insurance brokers? So, where does this leave Cyber Insurance brokers?

Cyber 52
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Becoming a Cyber Insurance Leader

Zywave

Within the next decade the cyber insurance market is projected to grow to over $120 billion according to a report by Fortune Business Insights. That means there’s a lot of opportunity for insurers who are looking to either grow their cyber business or expand into the cyber market. But with growth opportunities comes risk.

Cyber 97
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Introducing Cowbell MDR SOC-as-a-Service

Cowbell

Protecting your business from cyber threats is a full-time job. Cyber resiliency is not easily attainable and cannot be achieved with a single tool, such as endpoint detection. Q3: I have cyber insurance. A3: Cyber insurance is an essential safety net , but it doesnt prevent breaches. Why do I need this?

Cyber 52
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What’s Next for D&O Insurance as 2024 Comes to a Close?

ProWriters

After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. The D&O Insurance market experienced a favorable underwriting performance in 2023, with the sector seeing its best loss ratio since 2014. With class action settlements totaling $2.1

Premium 101
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Cowbell Welcomes Jeff Ritchie and Dan Johnson

Cowbell

In two years, he successfully implemented over 20 partnerships with major insurance brokers and significantly enhanced Arch’s digital presence while optimizing the underwriting process through automation, culminating in improved user interfaces and portals. I am thrilled to have them as part of my team.

Cyber 105
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Turning the Embedded Insurance Challenge Into an Opportunity

Zywave

At the point of purchase the exact moment when customers are most receptive to considering protection insurance providers are now able to make instant underwriting decisions. In the tech sector, cyber coverage, for example, often accompanies cloud computing services. Threat or opportunity?

Broker 52
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Analyzing Average D&O Insurance Premium Trends in 2023 and Beyond

ProWriters

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. This rise in D&O claims is expected to push premiums upward as insurers recalibrate risk assessments.

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