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

Insurance Journal

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

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Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk

Insurance Journal

and the Kenyan insurer Britam to launch a parametric insurance product, which aims to protect Kenyan coffee growers from financial losses due … Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc.

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Why Cyber Insurers Should Partner in Cybersecurity Support

Insurance Journal

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 …

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Cargo Insurance: The Five Policies You Need to Protect Your Fleet

Central Insurance

Without proper coverage, businesses risk financial loss, reputational damage, and loss of key contracts, which can all be detrimental. The transportation industry runs on reliability. The consequences can ripple far beyond a single shipment when cargo is lost, damaged, or delayed.

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​W​hy Business insurance?

Shield Insurance Agency

Business insurance protects you/your business against various risks and potential financial losses that can arise from unexpected events or claims. Business insurance is a safeguard for your business.

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Business Life Insurance – Protect Your Company’s Future

RiskQuoter

Business life insurance protects your company from financial loss, helps fund buy-sell agreements, meets SBA loan requirements, and retains key employees. The post Business Life Insurance – Protect Your Company’s Future appeared first on RiskQuoter.com.

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How Household Contents Insurance Works in Germany

Top Insurance Blogs

Whether you’re renting a flat in Munich or own a home in Hamburg, understanding how this policy works can protect you from significant financial loss. In German, household contents insurance is called Hausratversicherung.