Advisen: Historians May See 2013 as ‘Cyber Tipping-Point’
Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a...
View ArticleAllianz Expects Boost from Cyber Insurance Sales; East Europe, Asia, Brazil...
Allianz SE, Europe’s biggest insurer, said markets such as Asia, Brazil and eastern Europe as well as products that protect against cyber risks will increase revenue at its industrial insurance unit....
View ArticleVenture Expands Cyber Liability Coverage to Hospitality Industries
Venture Insurance Programs has expanded and enhanced privacy and data breach protection for its PREFERRED CLUB program for golf and country clubs, and its Suitelife programs for hotels and resorts. The...
View ArticleCyber Coverage Demand Increased in 2013, Trend to Continue in 2014: Marsh
Demand for cyber insurance rose by 21 percent across all industries in 2013 compared to 2012, and early indications in 2014 are that the buying trend is accelerating, according to a Marsh Risk...
View ArticleNAS Insurance, Swett & Crawford Launch Cyber Liability Program for IIABCal...
NAS Insurance Services and Swett & Crawford have created new cyber liability products for IIABCal members and their clients. Members can now log on to NAS Online to quote and issue cyber liability...
View ArticleLiberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response...
View ArticleBiggest Obstacle to Cyber Insurance Sales Is Customer Education
The biggest challenge in selling cyber insurance is educating businesses about the need for cyber coverage, according to a new survey. The survey of insurance professionals found that among carriers...
View ArticleSmaller Firms Showing Interest in Cyber Liability Coverage: Aspen’s Vitale
Cyber liability insurance isn’t just for large corporations anymore. Demand for cyber liability insurance is now coming from middle-sized and small businesses, according to an insurance CEO who...
View ArticleAmWINS Launches New Cyber Liability Product
AmWINS Group, Inc., a global distributor of specialty insurance products and services, announced today the launch of a new dedicated excess facility designed to meet the rapidly growing demand for...
View ArticleCyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn...
Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from...
View ArticleTop Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent...
View ArticleBHSI Launches Cyber Liability Cover in Australia; Osgood Leads Product Line
Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing...
View ArticleBHSI Offers Cyber Liability Cover in New Zealand; Marshall to Lead Product Line
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has introduced cyber liability insurance in New Zealand and appointed Ian Marshall to lead the product line locally as senior...
View ArticlePhiladelphia Launches Cyber Security Liability Endorsement
Philadelphia Insurance Companies’ (PHLY) has launched a new Cyber Security Liability Endorsement that offers both first and third party protection for numerous classes of business. The Cyber Security...
View ArticleAdvisen: Historians May See 2013 as ‘Cyber Tipping-Point’
Historians may look at the year 2013 as a “cyber tipping-point” — the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a...
View ArticleAllianz Expects Boost from Cyber Insurance Sales; East Europe, Asia, Brazil...
Allianz SE, Europe’s biggest insurer, said markets such as Asia, Brazil and eastern Europe as well as products that protect against cyber risks will increase revenue at its industrial insurance unit....
View ArticleVenture Expands Cyber Liability Coverage to Hospitality Industries
Venture Insurance Programs has expanded and enhanced privacy and data breach protection for its PREFERRED CLUB program for golf and country clubs, and its Suitelife programs for hotels and resorts. The...
View ArticleCyber Coverage Demand Increased in 2013, Trend to Continue in 2014: Marsh
Demand for cyber insurance rose by 21 percent across all industries in 2013 compared to 2012, and early indications in 2014 are that the buying trend is accelerating, according to a Marsh Risk...
View ArticleNAS Insurance, Swett & Crawford Launch Cyber Liability Program for IIABCal...
NAS Insurance Services and Swett & Crawford have created new cyber liability products for IIABCal members and their clients. Members can now log on to NAS Online to quote and issue cyber liability...
View ArticleLiberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response...
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