This report dispels some of the myths associated with cyber risk data, why the under-extraction of insights from actuarial data generated around cyber incidents is the real problem and how insurers can progress towards now-gen cyber underwriting in order to build a more robust cyber risk playbook.
‘Silent cyber’ or ‘non-affirmative cyber’ refers to the potential cyber exposures in non-stand-alone cyber policies, which may not be implicitly or explicitly included or excluded on policy wordings. This content provides a summary of a recent discussion hosted by the FOIL Technology & Cyber SFT.
Many businesses are not doing enough to protect themselves from the risks posed by cyber crime. This in-depth investigates how brokers can help clients armour themselves against emerging cyber threats.
When the pandemic hit, there were limited opportunities to consider the security impact of remote working. This blog discusses the importance of data and employee security moving forward and how intelligent automation can help.
The process of adaptation is a fitting model for the cyber insurance industry amid the pressures presented by ransomware incidents and claims. This whitepaper examines the environmental causes of ransomware and makes recommendations for how the insurance industry can stem this threat.
Cyber insurance loss ratios have been rising, jumping 10 percent in the past year alone with ransomware the main culprit. This blog outlines how cyber insurers can address the challenges posed by ransomware in order to maintain profitability and achieve reasonable loss ratios.
Aviva asked business leaders what major risks they believe their business is particularly exposed to. This report provides a comprehensive source of intelligence on the risks UK businesses face, their level of preparedness, and the methods they’re using to manage and mitigate those risks.
In this podcast, Rob Savitsky and Peter Herz from Duck Creek talk with Samit Shah of BitSight about the state of the cyber insurance market and what insurers are doing to address this emerging risk.
The global pandemic created near-perfect conditions for cybercriminals and resulted in a sharp spike in cybercrime. This content focuses on how evolving cyber trends will impact the year ahead, the implications for insurers and the importance of understanding the human drivers behind cybercrime.
Cyber-crime is proliferating, and cyber insurance is now an integral component of many companies’ risk management programmes. However, insuring against cyber risk presents multiple challenges for underwriters. Max Broodryk, AXA XL’s Product Leader-Cyber Risk, APAC, provides more details.