-
The report said that, to date, ransomware victim numbers for 2023 have already surpassed those for the entirety of either 2021 or 2022. -
Current cyber brokerage leader for the US and Canada, Meredith Schnur, will succeed Reagan as cyber practice leader, US and Canada.
-
Parent Cowbell Cyber launched the E&S carrier a little over a year ago as part of Cowbell’s transition from an MGA to a full-stack insurance carrier.
-
The International Underwriting Association has urged cyber insurers, brokers and clients to focus on risk management to help better respond to claims.
-
Two studies have found that, while almost a third of back-up attempts fail to restore system data after a ransomware attack, cybercriminals are refining their methods.
-
Pera is launching as a division of Desq — USQRisk’s managing general agent accelerator/incubator — and is the first program Desq has brought to market.
-
A number of players suggested that the cost components of first-party claims were up between 30%-50% on that seen during Ransomware Wave One.
-
The company’s Las Vegas casinos were hit by a cyberattack last month where employee login details were stolen.
-
The survey found that a majority of Canadian businesses consider cyber threats their top concern and also believe they will eventually fall victim to a cyberattack.
-
Q2 marked the 23rd consecutive quarter of year-over-year property rate increases, with rates rising 21% on average and further increases expected for the rest of the year.
-
Despite “strong” policy growth and a successful culling of discretionary expenses, "more substantial” action was needed to reduce costs at the cyber InsurTech, its CEO said.
-
Head of underwriting Matthew Waller welcomed an FCA letter that called for policy wordings that are clear and that customers understand the coverage they are buying.
