Emy Donavan to Lead AGCS Cyber Insurance Business
Allianz Global Corporate & Specialty SE (“AGCS”) has promoted Emy R. Donavan to global head of cyber, reporting to Bernard Poncin, global…
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Swiss Re and Capsicum Re Offer New Cyber Reinsurance Product
A new cyber reinsurance product has been launched by Swiss Re and Capsicum Re.
Read Full ArticleIronshore Establishes Computer Emergency Response Team for All In-Force Policies That Experience a Cyber Claim
Ironshore Inc. has launched a computer emergency response team (“CERT”) to manage cyber claims across all product lines. The company said…
Read Full ArticleKey Questions for Financial Institutions Seeking to Maximize Insurance for “Cyber” Risks
The financial sector is the top industry target for cyber criminals, with phishing, malware and ransomware attacks increasing by double- and triple-digit…
Read Full ArticleSmall and Midsize Businesses Facing More, and More Costly, Cyber Attacks, Chubb Reports
While major breaches against large, well-known companies continue to dominate media headlines, the reality is that small and midsize businesses are much more common targets of most cyber attacks, Chubb has found.
Read Full ArticleAllianz Teams with Cyence to Boost Cyber Risk Modeling and Analysis
Allianz Global Corporate & Specialty SE (“AGCS”) has teamed up with Silicon Valley-based cyber risk analytics and modeling firm Cyence…
Read Full ArticleAXA XL Adds First Party Cyber Insurance Option to Coverage
AXA XL, a division of AXA, has designed a first-party cyber insurance option for businesses that buy 100 percent of their property coverage from AXA XL.
Read Full ArticleAXA XL Adds Choice of Complimentary Proactive Services to Cyber and Technology Insurance Program
AXA XL, a division of AXA, has added complimentary proactive services for its primary cyber and technology insurance clients.According to John Coletti,…
Read Full ArticleAIG Survey Finds More Insurance Decision Makers Concerned about Cyber Threat than Other Major Risks
A survey of perceptions about cyber risk sponsored by the American International Group, Inc. (“AIG”), found that among corporate…
Read Full ArticleUntangling the Mystery of Cybersecurity Insurance
IT security professionals used to warn that only two types of businesses exist: those that have been hacked, and those that will. Now, many are even more…
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