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Insurtech Insights speaks to three parametric experts about why this swift and transparent approach to insurance is gaining ground in our increasingly unstable climate.
Howden’s fourth annual cyber report has found a market stabilisation following significant volatility in 2020 and 2021 due to increased ransomware claims. The “Risk, Resilience, and Relevance” report found a 15% decrease in rates from the peak in 2022.
Resilience, a leading cyber risk solution company, has announced the doubling of its cyber insurance limits in the US to $20 million per client. The expansion follows the launch of new features and capabilities that help enterprises continuously manage and mitigate cyber risk.
Beazley Security has today gone live as an integrated cyber risk management company, following the merger between Beazley’s in-house cyber services team and its wholly owned cyber security company, Lodestone.
Trustfull, a digital risk management and intelligence firm, has launched a new product: Silent Onboarding, which aims to bolster defences against the increasing threat of synthetic identity fraud.
COGITANDA, the cyber specialists, has announced the expansion of its product offering to now cover companies with annual revenues of up to €250 million in Germany and Austria.
Axis Capital has announced the launch of a new service for US-based direct primary cyber insurance customers.
Gallagher Re, the global reinsurance broker, has launched a flagship Cyber Academy, where the most promising individuals in the cyberspace will receive comprehensive and bespoke training in broking, cyber security, and analytics.
The Insurtech sector is undergoing a rapid transformation, driven by advancements in AI, IoT, data analytics, and blockchain.
ForMotiv, a provider of behavioural solutions for P&C and life insurance, has announced a partnership with FRISS, a global provider of automation solutions to the insurance industry.
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