When cyber risks lead to personal liability
Cyber risk is one of the top liability risks to directors and officers. How can they effectively protect themselves?
Charting the path to a healthier cyber insurance market
Rising cyber-attacks and continued hardening market conditions have presented the cyber insurance industry with a multitude of challenges. How has the industry fared this year?
Munich Re to increase cyber cover prices
Munich Re Group, a provider of reinsurance, primary insurance and insurance-related risk solutions, is reportedly to increase its cyber cover prices in some regions.
Cyber insurer Coalition forms Ferian Re with BDT Capital
Coalition, a cyber insurance provider, has partnered with BDT Capital to form Ferian Re, an independent Bermuda-based Class 3B reinsurer that will provide capacity across Coalition’s cyber programmes.
SecondSight secures $3m, exits stealth to shake up cyber insurance
Cyber insurer SecondSight has exited stealth with the launch of its AI-driven platform and an oversubscribed $3m seed round.
Elpha Secure bags $20m to serve small businesses
Elpha Secure Technology, a cyber insurance startup that combines proprietary cybersecurity software with coverage to improve risk transfer, has raised $20m in Series A funding.
IMTF teams up with Parashift for AI document automation
RegTech IMTF has partnered with Parashift, a provider of advanced machine learning-based document classification and data extraction software, to accelerate document processes with AI.
The benefits of automating AML and KYC checks for insurance
Automating AML and KYC compliance checks in the insurance industry would help drive operational efficiency and better customer experiences, according to PassFort, a Moody Analytics company.
Cowbell Cyber and Swiss Re join forces for cyber offering
Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has partnered with Swiss Re to offer cyber coverage to enterprises running their business on Amazon Web Services (AWS).
Cyber insurer Coalition acquires Digital Affect Insurance from Munich Re
Coalition, a cyber insurance provider, has acquired US property and casualty insurer Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation.
