Insurance Journal

NOVEMBER 25, 2024

InsureTrust, a cyber insurance and risk management broker within CRC Group and based in Norcross, Georgia, has named Brad Davis executive vice president. Davis will work in Nashville and will report to CRC/InsureTrust’s cyber practice leader Christian Durdaller, the company …

Cyber 203

Cyber Broker Risk Insurance 203

ProWriters

FEBRUARY 7, 2025

Cyber attacks loom larger than ever, and generative artificial intelligence (AI) is a major reason why. At the same time, AI makes improved risk assessment and protection against cyber threats possible. For both of these reasons, artificial intelligence is reshaping cyber security strategiesincluding Cyber Liability policies.

Cyber 53

Cyber Broker-Agent Broker Liability 53

Insurance Journal

OCTOBER 10, 2024

This edition of International People Moves details appointments at the insurance broker Miller and the insurer Markel. A summary of these new hires follows here. Miller Promotes Nagle to Head of Miller Europe, Succeeding Holloway Miller, the London-based independent specialist …

Insurance Broker 264

Insurance Broker Cyber Broker Insurance 264

ProWriters

APRIL 2, 2025

When you think about the constantly evolving nature of cyber attacks , you may think about threat actors using AI to find and exploit new vulnerabilities in software and networks. Yet one recent cyber threat takes advantage of peoples trust in the post office. Many people perceive physical mail as more trustworthy than cyber mail.

Cyber 52

Cyber Financial Loss Broker Theft 52

Insurance Journal

MARCH 13, 2025

The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period, which enabled a hacker to infiltrate its IT network. The Australian Securities and …

Broker 162

Broker Cyber Liability 162

ProWriters

FEBRUARY 23, 2025

As war is driving cyber security concerns around the globe, more organizations are turning to Cyber Insurance for protection. Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. Since Russia invaded Ukraine in 2022, a much-anticipated “cyber thunder run” hasn’t materialized.

Cyber 53

Cyber Insurance Insurer Insured 53

Rough Notes

FEBRUARY 28, 2025

A look atand response tothe emerging risks that could dominate 2025 By Lori Widmer This year will be the year of cyber exposure. That according to the 2025 Allianz Risk Barometer, which surveys global customers as well as brokers, trade organizations, underwriters, claims professionals, and risk consultants.

Cyber 52

Cyber Underwriter Underwriting Risk 52

Cowbell

FEBRUARY 6, 2025

As cyber threats become more advanceddriven by AI innovations and intensified by geopolitical tensionsorganizations of all sizes must rethink how they protect themselves. This blog post aims to provide everyoneCowbell employees, broker partners, and policyholders alikewith a comprehensive overview of what CRS entails and why it matters.

Policyholder 52

Policyholder Cyber Broker Risk 52

Zywave

AUGUST 6, 2024

According to the Insurance Information Institute, global cyber premiums are expected to rise as high as $23 billion by 2025. Whether you’re already offering cyber insurance or thinking about expanding your lines of coverage, now is the time to start taking advantage of this rapidly growing market.

Cyber 98

Cyber Premium Broker Marine 98

Zywave

NOVEMBER 13, 2024

Within the next decade the cyber insurance market is projected to grow to over $120 billion according to a report by Fortune Business Insights. That means there’s a lot of opportunity for insurers who are looking to either grow their cyber business or expand into the cyber market. But with growth opportunities comes risk.

Cyber 97

Cyber Policyholder Insurance Insurer 97

ProWriters

NOVEMBER 13, 2024

The CrowdStrike outage is also a stark reminder: No organization is invulnerable to disruptive, costly, and potentially disastrous cyber incidents. This incident caused the data access challenges, service interruptions, and damage to revenue and reputation an actual supply chain cyber attack can cause. What Is the CrowdStrike Attack?

Cyber 98

Cyber Insurance Insurer Insured 98

Cowbell

MARCH 30, 2025

New Products: Building on a Strong Foundation For five years, Cowbell has refined underwriting precision in cyber and established sweeping distribution channels. Our unparalleled broker network and data-driven approach forged in the cyber arena, now power this foray into new coverage lines.

Cyber 64

Cyber Underwriter Underwriting Policyholder 64

Zywave

MARCH 20, 2025

Notable achievements from the past year include: Helping customers grow through industry expertise: Zywave hosted four impactful thought leadership conferences: Casualty Insights; Cyber Risk Insights (London and New York); and the Cyber Risk Awards. View Zywaves full 2024 Stewardship Report here.

Cyber 52

Cyber Broker Premium Risk 52

ProWriters

NOVEMBER 17, 2024

As a Cyber Insurance broker, you need to help your business clients understand the dangers ransomware poses, how to defend against them, and why Cyber Insurance is an indispensable part of any sound security strategy. UnitedHealth, which owns Change Healthcare, paid a $22 million ransom in Bitcoin to the cyber criminals.

Cyber 83

Cyber Insurance Insurer Insured 83

ProWriters

NOVEMBER 12, 2024

Healthcare cyber attacks and data breaches have risen in recent years, according to The HIPAA Journal. Both the Ascension ransomware attack and Change Healthcare data breach illustrate the consequences healthcare cyber attacks can have for patients and the organizations responsible for protecting their data.

Cyber 87

Cyber Liability Insurance Protection Risk 87

Insurance Journal

AUGUST 20, 2024

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

Commercial 279

Commercial Commercial Property Broker-Agent Premium 279

Neilson Marketing Services

NOVEMBER 4, 2024

For retail insurance brokers and MGAs, a well-built insurance website isn’t just about aesthetics; it’s about credibility, generating leads, and staying competitive. Increased Security: With cyber threats on the rise , regular updates protect your site from potential breaches, helping to build trust with your clients.

Insurance Broker 108

Insurance Broker Building Broker Broker-Agent 108

Zywave

NOVEMBER 5, 2024

It's time to strengthen your cyber skillset. Discover how Zywave's suite of cyber solutions can help brokers and insurers educate policyholders, reduce risk and maximize profitability.

Cyber 52

Cyber Policyholder Broker Risk 52

Zywave

NOVEMBER 6, 2024

Data embedded into quoting workflow provides exclusive insights into coverage levels using industry data and loss profiles Leading insurtech provider Zywave today announced a first-of-its-kind enhancement to its Cyber Quoting solution with the addition of embedded benchmarking. Comprised of over 400,000 insurance programs incepted by U.S.

Cyber 52

Cyber Broker-Agent Broker Commercial 52

ProWriters

FEBRUARY 2, 2025

Securities and Exchange Commission (SEC) roll out new SEC cyber disclosure rules that are shaking up the corporate world. But lets not sugarcoat itthese regulations come with a fair share of headaches for businesses already grappling with a Wild West of cyber security threats. What Are the SEC Cyber Disclosure Rules?

Cyber 53

Cyber Risk Broker Building 53

Elmore

MARCH 4, 2025

The post DORA compliance benefits cyber insurance buyers appeared first on Elmore Insurance Brokers.

Cyber 52

Cyber Insurance Broker Broker Insurance 52

ProWriters

FEBRUARY 2, 2025

Securities and Exchange Commission (SEC) roll out new SEC cyber disclosure rules that are shaking up the corporate world. But lets not sugarcoat itthese regulations come with a fair share of headaches for businesses already grappling with a Wild West of cyber security threats. What Are the SEC Cyber Disclosure Rules?

Cyber 52

Cyber Risk Broker Building 52

ProWriters

NOVEMBER 30, 2024

High-profile incidents in healthcare, automobile retail, and even the cyber security industry itself cast a harsh spotlight on how vulnerable dependencies and connections between businesses are in today’s economy. Doing so can help assess their risk management strategies and the adequacy of their Cyber Insurance coverage.

Cyber 105

Cyber Protection Financial Loss Broker 105

Zywave

DECEMBER 10, 2024

And cyber-attacks arent just increasing in frequency. But as a commercial broker or MGA, you are in a unique position. With the right tools in place, you can empower your client’s cyber experience. Impactful Cyber Education The first step to augmenting your clients cyber experience comes with education.

Cyber 52

Cyber Risk Commercial Broker 52

Elmore

SEPTEMBER 4, 2024

Industry believes state backstops would boost market and encourage good practice The post Insurance groups urge state support for ‘uninsurable’ cyber risks appeared first on Elmore Insurance Brokers.

Cyber 52

Cyber Risk Insurance Broker Broker 52

Elmore

SEPTEMBER 14, 2024

As things stand, there is limited evidence that a broadly-based backstop is needed The post Governments shouldn’t be the cyber insurers of last resort appeared first on Elmore Insurance Brokers.

Cyber 52

Cyber Insurance Broker Broker Insurance 52

ProWriters

MAY 28, 2024

Contractors in the construction industry are not immune to cyber attacks. Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Cyber Insurance for contractors is an essential safety net.

Cyber 52

Cyber Business Interruption Insurance Insurer 52

Elmore

AUGUST 13, 2024

In one of the market’s raciest corners, participants cannot be confident they will come off so lightly in the future The post Cyber insurers are winners from the biggest ever IT outage appeared first on Elmore Insurance Brokers.

Cyber 52

Cyber Insurance Broker Broker Insurance 52

Jackson & Jackson

JANUARY 9, 2024

In an era where data is as valuable as currency, the risk of cyber threats looms more significant than ever, particularly for technology companies. Cyber Insurance, encompassing Data Breach and Cyber Liability coverage, is no longer optional but a critical component of a comprehensive risk management strategy.

Cyber 52

Cyber Broker-Agent Liability Insurance 52

ProWriters

JANUARY 23, 2024

Globally, only the manufacturing sector sees more cyber attacks than the financial industry does. The New York Department of Financial Services (NYDFS) established cyber security requirements for financial services companies in 2017. Since then, the cyber security landscape has changed. The newest changes went into effect Nov.

Cyber 52

Cyber Broker-Agent Protection Risk 52

ProWriters

APRIL 17, 2024

When you think about cyber risks, you probably think about the dangers malware attacks, data breaches, and other incidents pose to your business clients’ operations, revenue, and reputation. But cyber threats can pose risks to not only sensitive data but also to physical safety. You’re right to do so.

Cyber 52

Cyber Injury Liability Liability Insurance 52

Zywave

FEBRUARY 25, 2025

Meanwhile, the AI curated data gives the broker more credibility, allowing them to confidently justify their pricing. And being able to see the data that informed the pricing for themselves means the consumer trusts the broker, leading to a better long-term relationship.

Insurance 52

Insurance Insurer Insured Broker 52

Jackson & Jackson

JANUARY 10, 2024

In California’s vibrant technology sector, understanding the scope of your Cyber Liability Insurance and Data Breach Coverage is as crucial as having the coverage itself. The Gaps in Cyber Insurance: Cyber Liability Insurance and Data Breach Coverage are designed to protect against various cyber threats, but they have limitations.

Liability Insurance 52

Liability Insurance Cyber Liability Property Damage 52

Distinguished

FEBRUARY 24, 2025

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches. What Does Distinguisheds Restaurant Insurance Cover?

Liability 52

Liability Liability Insurance Insurance Insurer 52

Protect Commercial Insurance

SEPTEMBER 13, 2024

The Role of Brokers in Securing the Best Commercial Insurance Deals When it comes to safeguarding a business, securing the right commercial insurance is a crucial step. Here is where brokers come in, not merely as middlemen, but as invaluable partners in the quest for the best commercial insurance deals.

Commercial Insurance 52

Commercial Insurance Broker Commercial Broker-Agent 52

ProWriters

NOVEMBER 18, 2024

After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. For Cyber Insurance brokers, staying ahead of these trends is essential to providing clients with the most up-to-date and effective coverage strategies.

Premium 101

Premium Cyber Insurance Insurer 101

Cowbell

SEPTEMBER 23, 2024

At Cowbell, we work with our agency partners and brokers to help educate our clients on emerging and evolving cyber risks and the enemy within can present a very real threat. What is a Cyber Insider Threat? How Do Cyber Insider Threats Usually Operate?

Cyber 104

Cyber Business Interruption Risk Protection 104