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Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix

Insurance Journal

The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 billion, modeling and insurance services firm Parametrix estimates. The portion of the loss covered under cyber insurance policies …

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Why Cyber Insurers Should Partner in Cybersecurity Support

Insurance Journal

The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a concept was merely a financial safety …

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Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk

Insurance Journal

Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the Kenyan insurer Britam to launch a parametric insurance product, which aims to protect Kenyan coffee growers from financial losses due …

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Cargo Insurance: The Five Policies You Need to Protect Your Fleet

Central Insurance

Without proper coverage, businesses risk financial loss, reputational damage, and loss of key contracts, which can all be detrimental.

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New Commercial Insurance: A Key Component in Michigan Warehouse Operations

Shield Insurance Agency

Commercial insurance plays a key role in mitigating these risks, providing crucial protection for warehouse operations. Shield Insurance Agency is here to help you understand the importance of commercial insurance in your warehouse operations. These risks can lead to significant financial losses if not properly managed.

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How to Protect Your Construction Company from a Cyberattack

Central Insurance

Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies. These risks can have severe consequences, including financial losses, reputational damage, and operational disruption.

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How to Protect Your Construction Company from a Cyberattack

Central Insurance

Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies. These risks can have severe consequences, including financial losses, reputational damage, and operational disruption.