... trigger losses on traditional insurance policies – such as property or casualty – where coverage is unintentional or unpriced.
Aon and Guidewire analyzed the potential impacts of the scenario at three ...
Generali launches a new Cyber Insurance function and a start-up company to address its customers’ concerns and needs in the area of cyber risk. The newly-created Cyber Insurance function will combine the ...
Willis Re, the reinsurance business of Willis Towers Watson (NASDAQ: WLTW), the leading global advisory, broking and solutions company, today announced it has upgraded its cyber risk portfolio modelling ...
... hts of the Predictions report include:
Businesses adopt standalone cyber insurance policies as boards and executives wake up to cyber liability. As boards and executives experience and witness the im ...
... that 7.3% of students in Spain have suffered from cyberbullying.
Against this backdrop, the DAS Cyberbullying insurance includes the ProofUp smartphone app that kids can use to record harassment and ...
... cyber insurance for their needs.
Cyber risk is becoming increasingly diverse. Ransomware has become now the fifth most common type of malware, and the cost of freeing up computer systems from ransomware ...
XL Catlin has enhanced its Cyber & Technology insurance coverage with the introduction of CyberRiskConnect, a new policy form that addresses the rapidly expanding and ever evolving exposures of cyber & ...
Cyber insurance direct written premium volume for the Property/Casualty (P/C) industry grew by 35% in 2016 to $1.35 billion, according to a new report from Fitch Ratings. For the second year in 2016, annual ...
... is relatively underdeveloped compared with other insurance classes. By understanding cyber risk exposure, insurers can improve their portfolio exposure management, set appropriate limits and gain the confidence ...
... sion makers and industry leaders to debate these important issues."
However, compounding the issue, insurance providers are yet to close all of the gaps in their policies, leaving shipping companies at ...
... to experts who can help handle a breach, minimise reputational harm and arrange cyber insurance to ensure that the risks are adequately covered. By reacting swiftly to mitigate the impact of a cyber breach ...
... cyclone on record, is generally considered to have caused economic losses between $50 billion and $70 billion.
The findings also reveal that, while demand for cyber insurance is increasing, the majority ...
... discovered an employee of our international health insurance division (which is called ‘Bupa Global’), had inappropriately copied and removed some customer information from the company. Around 108,00 ...
... we are still evaluating the financial impact of the attack, but it is likely that it will be material. We do not have cyber or other insurance in place that covers this attack. Although we cannot currently ...
... 75% of the value of almost 15,000 marine liability insurance claims over five years, equivalent to more than $1.6bn – as well as machinery breakdown.
Additionally, technology is instrumental in assisting ...
... n is shared across firms, cyber risk detection and response plans could improve, but coordination does not ensure that risks can be fully contained. Insurance against cyber-attacks may cover nominal loss ...
... can protect themselves from cyber threats in this new AGCS Podcast, released in compliment to the recently published report, "D&O Insurance Insights - Management Liability Today: What Executives Need t ...
... She will oversee cyber insurance for both commercial companies and financial institutions as well as IT Tech Professional Indemnity (PI) insurance.
With Ms. Donavan becoming Global Head of Cyber her ...
Willis Towers Watson has introduced CyFly, an innovative and flexible insurance solution specifically tailored to cover cyber exposure affecting the airline industry. The recent Willis Towers Watson Industry ...
... ad personal liability and identity fraud product and service capabilities.
Additional information on Chubb's personal insurance and service offerings can be found at: https://www2.chubb.com/ca-en/individuals-families/policyholder-services. ...