Beazley Launches Affirmative Marine Cyber Cover
Specialist insurer Beazley has created a marine cyber insurance product to meet the developing needs of vessel owners and operators.
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AXIS Creates Consolidated Global Cyber and Technology Unit
The insurance business segment of AXIS Capital Holdings Limited has launched a consolidated global cyber and technology unit.Led by Dan Trueman, global…
Read Full ArticleU.S. Cyber Insurance Premiums Total $1 Billion, Fitch Reports
Aggregating the cybersecurity statutory supplement data for the U.S. property/casualty insurance industry, Fitch Ratings, Inc., has found that approximately…
Read Full ArticleCorporate Insurance Departments and General Counsel Should Be More Involved in Cyber Security Issues, New York Regulators Recommend
The New York Department of Financial Services (“DFS”) has found that corporate insurance departments and general counsel infrequently participate…
Read Full ArticleACE Establishes Global Cyber Risk Practice; Toby Merrill Appointed Division Senior Vice President for Cyber Risk and Privacy Coverages
ACE Group has introduced a global cyber risk practice to address growing risks as legislation and exposures for privacy and network security evolve…
Read Full ArticleArgo Enters Cyber Market with Appointment of Russell Heaton
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has launched its cyber division with the appointment of Russell Heaton as cyber class underwriter.…
Read Full ArticleGrandpoint Bank Makes Cyber Crime Insurance Available to Protect Business Accounts from Funds Transfer Fraud and Cyber Deception
Grandpoint Bank, which operates banks in California, Arizona, and Washington, has introduced a new way for its business banking clients to protect themselves…
Read Full ArticleACE Appoints Tim Stapleton Vice President and Cyber Insurance Product Manager for ACE Overseas General
Tim Stapleton has joined ACE Group as vice president and cyber insurance product manager for ACE Overseas General, the company’s general insurance…
Read Full ArticleAllianz Global Corporate & Specialty Expands Cyber Insurance Team; Emy Donavan Named Regional Head of Cyber and U.S. Deputy Head of E&O
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (“AGCS”) has expanded its North American…
Read Full Article87% of Firms See Untrained Staff as Greatest Cyber Risk, New Report Says
The majority of executives (87 percent) around the world cite untrained staff as the greatest cyber risk to their business, according to a new report from…
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