CYBER – Page 6
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NewsGlobal commercial insurance costs rose 4% in Q4 2022 – Marsh
The average rate of increase slowed across most lines, however
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NewsInsureds prioritising cyber cover as they cut costs elsewhere
Business interruption insurance is one product that consumers are turning away from, says broker director
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NewsUK government scheme Cyber Essentials insurance is ‘appalling’ for SMEs
The National Cyber Security Centre’s initiative demonstrates both opportunities and obstacles for clients, say insurance industry leaders
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News AnalysisBriefing: Commercial brokers must build cyber cover confidence to avoid ‘lazy broking’
Are brokers sufficiently equipped to have well informed cyber insurance discussions with clients or are they ‘doing a very poor job on the whole’?
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NewsRansomware and cyber war wording innovation named in 2023 tech predictions – DAC Beachcroft
Cyber war endorsements could invite innovation, says the law firm
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NewsClimate change, cyber risks and ESG top sector challenges for 2023 – RPC
Climate change, ESG concerns and cyber risks all take their place in the key trends to look out for this year
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NewsRoyal Mail hit by ‘cyber incident’ that caused disruption to international post
Royal Mail has apologised for any inconvenience caused and has also launched a full investigation alongside cyber crime experts
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IT InterviewRyan Birbeck: Cyber cover set to be ‘significant focus’ for Aviva in next three years
Distribution director for regional brokers believes the insurer is currently ‘underweight’ when it comes to cyber insurance provision
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NewsBrokers key in closing awareness gap for scams like iSpoof
CFC Underwriting warns that cyber criminals are unwavering in their commitment to the goal of extorting money from victims
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NewsCFC creates dedicated fintech team
CFC has witnessed the volume of submissions from fintechs increase by more than 100% year-on-year over the past couple of years
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NewsCyber insurance set to be one of the biggest property and casualty lines – CyberCube
’Brokers are the linchpin’ between insurance relationships says CyberCube senior product manager
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NewsCNA Hardy launches additional cyber cover for technology businesses
The insurer’s new product also includes first party and thid party cyber cover as standard
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News AnalysisLloyd’s of London expects 14.3% top line growth in 2023
Lloyd’s is forecasting peak inflation for the end of this year that will taper off next year, says chief of markets
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NewsSMEs potentially priced out of cyber cover due to ‘ongoing issue’ of rising premiums
How insurers quantify cyber risks has to change in order to effect more stable pricing in the long term, says commercial director
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IT Awards 2022Insurance Times Awards 2022: KYND ‘offers a transformational approach to managing cyber risk’
Andy Thomas, chief executive of KYND, tells Insurance Times why his firm should win the Excellence in Technology - Service Provider prize at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: CyberCube’s cyber catastrophe model presents ‘unprecedented depth and modelling precision’
Yvette Essen, head of content and communications at CyberCube, reveals why her firm should win the Excellence in Technology - Service Provider prize at the 2022 Insurance Times Awards
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IT Awards 2022Insurance Times Awards 2022: Optimum Speciality Risks believes its home cyber product is ‘revolutionary’
Freddy Knight, co-founder and innovation director at Optimum Specialist Risks tells Insurance Times why he believes his firm should win the MGA Initiative of the Year prize at the 2022 Insurance Times Awards
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NewsAndy Holmes: Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has started ’to grow up’, but balancing regulation and value propositions is tricky
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NewsAsta-managed Trium Cyber Syndicate 1322 receives green light from Lloyd’s
The new cyber syndicate, headed by two ex-Aspen executives, will launch in 2023
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NewsBeazley posts GWP of £3.4bn for first nine months of 2022
The specialist insurer’s cyber line also saw GWP growth of 66%
