Insurance Journal

OCTOBER 11, 2024

Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses over the next 12 months, according to new research by Marsh McLennan. The findings come from Marsh’s UK Business Risk …

Cyber 264

Cyber Risk 264

Insurance Journal

DECEMBER 11, 2024

Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance for a further three years. Further to that, MS Reinsurance recently became a client of Envelop’s new Solutions Business with …

Cyber 262

Cyber Risk Insurance Insured 262

Insurance Journal

MARCH 23, 2025

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research from the San Francisco-based cyber solutions company found 31% …

Cyber 246

Cyber Claim Risk 246

Insurance Journal

JUNE 6, 2025

Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercial insurer QBE. Disruptive, globally significant and successful cyberattacks have increased from 10 …

Cyber 140

Cyber Commercial Insurance Commercial Insurance 140

Insurance Journal

NOVEMBER 4, 2024

Vienna Insurance Group has launched a specialist cyber security company focused cyber risk management for small and medium-sized companies. Called Cyber Risk Solutions GmbH (CyRiSo), the company provides comprehensive support to help companies reduce cyber risks and to prevent and …

Cyber 263

Cyber Risk Insured Insurer 263

Insurance Journal

SEPTEMBER 9, 2024

The unique, evolving and often volatile nature of cyber risks has always lurked beneath the surface as the cyber insurance premium climbed in recent years. The recent CrowdStrike software failure underscored the dormant threats posed by aggregation risk, and the …

Risk 298

Risk Cyber Premium Insurance 298

Insurance Journal

APRIL 16, 2025

Healthcare organizations continue to find themselves at the forefront of cyber risk. Exposures such as IT supply chain dependencies, website tracking litigation, ransomware attacks, new security regulations, and data breach class actions put healthcare organizations of all sizes at high …

Cyber 229

Cyber Risk 229

Central Insurance

MAY 13, 2025

Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more. The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog.

Workers Comp 242

Workers Comp Cyber Liability Insured 242

Insurance Journal

JULY 29, 2024

Euro zone banks have “room for improvement” in their cyber security, starting with how they would keep their business running after a hack, the European Central Bank said on Friday. The ECB’s first ever cyber risk stress test was launched …

Cyber 270

Cyber Risk 270

Insurance Journal

APRIL 2, 2025

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This protection gap presents both an opportunity and a responsibility …

Cyber 270

Cyber Insured Insurer Insurance 270

Insurance Journal

JUNE 4, 2025

While major corporate cyber hacking makes the news nearly every day, what about hackers in homes? As personal lives and residences become more intertwined with the internet, consumers are at greater risk of personal cybercrime. As risk grows, so does …

Cyber 241

Cyber Agents Risk Insurance 241

Insurance Journal

APRIL 11, 2025

Resilience, the specialist in cyber risk solutions, announced the introduction of coverage for technology errors and omissions (tech E&O) in the UK and Europe, supported through a new partnership with Accredited Insurances. Resilience now offers tech E&O coverage for clients …

Cyber 140

Cyber Risk Insurance Insured 140

Insurance Journal

SEPTEMBER 8, 2024

A new report from Marsh McLennan and Zurich titled “Closing the cyber risk protection gap” is calling for a closer collaboration between the insurance industry and the public sector as cyber insurance coverage gaps remain. “Both the insurance industry and …

Cyber 257

Cyber Insurance Industry Protection Risk 257

Insurance Journal

FEBRUARY 5, 2025

Newswise In today’s world of interconnected computer-based information systems, cyber risk has become one of the critical risk factors impacting organizations. Indeed, several studies have shown that cyber risk (i.e., the probability of being the victim of a successful …

Cyber 176

Cyber Risk 176

Insurance Journal

FEBRUARY 28, 2025

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research from the San Francisco-based cyber solutions company found 31% …

Cyber 184

Cyber Claim Risk 184

Insurance Journal

OCTOBER 21, 2024

Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and introduce a significantly broader risk …

Cyber 264

Cyber Underwriting Underwriter Risk 264

Insurance Journal

OCTOBER 28, 2024

A new report from Gallagher Re has found that cyber insurers could reduce loss ratios up to 16% by removing most-at-risk entities. Using independent analysis of cybersecurity performance data provided by Bitsight in combination with claims data, the study uses …

Cyber 268

Cyber Claim Risk Insurance 268

Insurance Journal

JUNE 1, 2025

Vendor-related risks, whether from technology suppliers or non-technology partners, have always been a concern and often drive a large number of cyber insurance claims notifications. Vendor risks have traditionally come in the form of data breaches, but increasingly, ransomware attacks …

Cyber 158

Cyber Insurance Claim Risk Claim 158

Insurance Journal

JUNE 9, 2025

Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning that attorneys could be prosecuted if they don’t check the accuracy of their research. High Court justice Victoria Sharp said …

Risk 293

Risk Cyber Liability Insurance 293

Insurance Journal

NOVEMBER 12, 2024

Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925. Dom Peters has …

Underwriting 246

Underwriting Underwriter Risk Cyber 246

Insurance Journal

JULY 24, 2024

A key US regulator has privately found half of the major banks it oversees have an inadequate grasp of a broad swath of potential risks from cyber attacks to employee blunders, according to people familiar with the matter. In the …

Risk 263

Risk Cyber 263

Insurance Journal

APRIL 4, 2025

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 …

Cyber 230

Cyber Liability Risk Policy 230

Insurance Journal

MAY 5, 2025

Money laundering and cyber risks remained high in Switzerland, the head of the country’s financial market regulator said on Monday, while there was an increasing risk of individuals and trying to get around financial sanctions on Russia. Money-laundering risks were …

Risk 236

Risk Cyber 236

Zywave

JUNE 11, 2025

Seeing R isk from the Outside In Cyber is in the headlines almost every day. This global market is at a moment of unmatched opportunity and growth potential, and the need for risk assessment and mitigation is more prevalent than ever before.

Cyber 52

Cyber Risk Broker Insurance 52

Zywave

JUNE 13, 2025

Zywave, a leading insurtech provider, celebrated the cyber risk industry’s top individuals and firms at the 12 th annual Cyber Risk Awards at Gotham Hall in New York City on Thursday, June 12, 2025. The winners in 17 categories were announced at a black-tie gala dinner for nearly 500 attendees.

Cyber 52

Cyber Risk Broker Claim 52

Insurance Journal

MARCH 16, 2025

As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth strategies, according to panelists at this year’s PLUS Cyber Symposium in New York City. “They’re seeking diversification in the standard …

Cyber 174

Cyber Insurance Carrier Risk Underwriter 174

Insurance Journal

OCTOBER 8, 2024

Intersys, the UK-based provider of cyber risk management solutions, announced its expansion in the UK insurance market with the opening of an office in Leadenhall Market in London. Intersys’ London office will serve as a hub for delivering cutting-edge cyber …

Cyber 276

Cyber Risk Insured Insurer 276

Insurance Journal

AUGUST 22, 2024

The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of information contained in the closed …

Workers Comp 279

Workers Comp Cyber Compensation Risk 279

Insurance Journal

MARCH 7, 2025

announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for expected changes to the underlying … Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co.,

Cyber 140

Cyber Risk 140

Insurance Journal

MAY 14, 2025

launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a significant concern for … Markel Insurance, the insurance operations within Markel Group Inc.,

Cyber 158

Cyber Risk Insurance Insured 158

Insurance Journal

NOVEMBER 22, 2024

Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region, a top Danish central bank official said. Financial institutions should be prepared for an “arms race” with cybercriminals, Ulrik Nodgaard, …

Cyber 235

Cyber Risk 235

Insurance Journal

SEPTEMBER 10, 2024

Insurers and asset managers worldwide continue to focus on cybersecurity amid growing risks, according to findings from a Moody’s Ratings survey that polled 110 companies operating across both sectors. Respondents’ total investment in cybersecurity rose by 53% between 2019 and …

Cyber 262

Cyber Insured Insurer Insurance 262

ProWriters

MAY 20, 2025

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

Cyber Broker Risk Insurance Broker 52

Insurance Journal

DECEMBER 3, 2024

A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights climate change, theft of collectibles and cybersecurity as top concerns. Chubb’s new “2024 Wealth Report: Cultivating Resilience in a Changing …

Cyber 289

Cyber Theft Risk Insured 289

Insurance Journal

APRIL 8, 2025

Resilience is expanding the availability of its cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion. The expanded underwriting authority provides broker partners with more options in addressing clients’ complex cyber risks. The expansion is …

Cyber 150

Cyber Underwriting Underwriter Broker 150

Cowbell

MAY 29, 2025

As cyber threats grow in frequency and sophistication, businesses need to prioritize staying safe in this evolving threat landscape. At Cowbell, we believe Internet Safety Month is the perfect opportunity to review and reinforce your organizations cybersecurity posture and build long-term cyber resilience. What Is Cyber Resilience?

Cyber 59

Cyber Building Business Interruption Risk 59

Insurance Journal

MARCH 9, 2025

The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a concept was merely a financial safety …

Financial Loss 254

Financial Loss Cyber Insured Insurer 254