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

Insurance Journal

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

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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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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 The portion of the loss covered under cyber insurance policies … billion, modeling and insurance services firm Parametrix estimates.

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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. The transportation industry runs on reliability. The consequences can ripple far beyond a single shipment when cargo is lost, damaged, or delayed.

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How to Protect Your Construction Company from a Cyberattack

Central Insurance

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. 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

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. These risks can have severe consequences, including financial losses, reputational damage, and operational disruption.

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Contractor Insurance is Essential for Home Improvements

Boyle Agency Insurance

Risks of Hiring Uninsured Contractors Hiring uninsured contractors exposes you to significant risks. You might be liable for accidents, damages, or substandard workmanship, leading to financial losses and potential legal disputes.