Cyber insurance

Cogitate Launches Commercial Auto Solution within Flagship DigitalEdge Platform

Retrieved on: 
Wednesday, June 30, 2021

MARIETTA,Ga., June 30, 2021 /PRNewswire/ -- Cogitate has launched a Commercial Auto rate, quote, bind, issue, and post-sale service (endorsements, cancelations, reinstatements, renewals, etc.)

Key Points: 
  • MARIETTA,Ga., June 30, 2021 /PRNewswire/ -- Cogitate has launched a Commercial Auto rate, quote, bind, issue, and post-sale service (endorsements, cancelations, reinstatements, renewals, etc.)
  • The Commercial Auto application is integrated with Cogitate's powerful comparative rating engine giving multiple premium options based on multiple carriers' rates.
  • While Builder's Risk already exists in our DigitalEdge Platform, Commercial Auto is a huge step for our users to start their digital journey into Commercial Lines.
  • Next to be added to our digital platform is Cyber Liability, followed by General Liability, Commercial Property, and then Commercial Package."

Sunil Sekhri Joins At-Bay as Head of Security Services

Retrieved on: 
Wednesday, June 30, 2021

At-Bay, the insurance company for the digital age, today announced Sunil Sekhri joined the company as Head of Security Services.

Key Points: 
  • At-Bay, the insurance company for the digital age, today announced Sunil Sekhri joined the company as Head of Security Services.
  • Throughout his career, Sekhri has focused on cyber risk mitigation and worked closely with clients during incidents and post-incident.
  • At-Bay has a tremendous opportunity to go even further and actually improve their security practices, Sekhri said.
  • Sekhri joins as At-Bays approach to integrating security services with cyber insurance continues to gain momentum in a hardening cyber insurance market.

New Online Hub From Colonial Surety Offers Simple, Direct Access to Insurance for U.S. SMBs

Retrieved on: 
Wednesday, June 30, 2021

As a direct and digital insurer, Colonial Surety has more than 90 years experience in providing insurance and bonding products.

Key Points: 
  • As a direct and digital insurer, Colonial Surety has more than 90 years experience in providing insurance and bonding products.
  • The new platform and expanded product suite create an online hub that gives owners and managers of small businesses instant, online and direct access via a personalized account.
  • The first products available on the platform are professional liability insurance, employment practices liability insurance, and cyber liability insurance which is embedded in all Colonial Surety products.
  • The Colonial Surety platform provides access to transparently and cost-effectively priced bonding and insurance products.

Cowbell Cyber Extends Partner Program to Managed Security Service Providers (MSSP)

Retrieved on: 
Wednesday, June 16, 2021

PLEASANTON, Calif., June 16, 2021 /PRNewswire/ -- Cowbell Cyber , the industry's first AI-powered cyber insurance provider for small to medium enterprises (SMEs), announced a new extension of its partnership program, Cowbell Connect , to include Managed Security Service Providers (MSSPs).

Key Points: 
  • PLEASANTON, Calif., June 16, 2021 /PRNewswire/ -- Cowbell Cyber , the industry's first AI-powered cyber insurance provider for small to medium enterprises (SMEs), announced a new extension of its partnership program, Cowbell Connect , to include Managed Security Service Providers (MSSPs).
  • "MSSPs are an important partner in the ecosystem of cyber risk management," saidIsabelle Dumont, VP of Market Engagement at Cowbell Cyber.
  • "We recognized early on that cyber insurance was very important for service providers," says Nathan Korterba, VP of Product & Integrations at Blackpoint Cyber.
  • Cowbell Cyber is dedicated to providing standalone, admitted individualized, and easy-to-understand cyber insurance for businesses with up to $1 Billion in revenue.

Worldwide Fire Insurance Industry to 2028 - Government Initiatives Regarding Fire Insurance Policy Present Opportunities - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 10, 2021

The "Fire Insurance Market by Coverage, Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Fire Insurance Market by Coverage, Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
  • Fire insurance is like property coverage that pays for damages to property and other losses caused due to fire.
  • Moreover, lack of awareness regarding fire insurance policy, and high premium cost hamper the growth of the market.
  • The fire insurance market is segmented on the basis of coverage, enterprise size, industry vertical and region.

Coalition has teamed up with QuickBooks to Offer Leading Cyber Insurance Coverage to Small Businesses

Retrieved on: 
Thursday, June 10, 2021

SAN FRANCISCO, June 10, 2021 /PRNewswire/ -- Coalition , the leading cyber insurance and security company, today announced its relationship with Intuit (Nasdaq: INTU), enabling QuickBooks customers to access comprehensive cyber insurance coverage to protect their business.

Key Points: 
  • SAN FRANCISCO, June 10, 2021 /PRNewswire/ -- Coalition , the leading cyber insurance and security company, today announced its relationship with Intuit (Nasdaq: INTU), enabling QuickBooks customers to access comprehensive cyber insurance coverage to protect their business.
  • This announcement includes the ability for millions of QuickBooks customers to directly access a streamlined quoting and purchase process for Cyber Insurance through Coalition.
  • Cyber insurance claims are among the most frequent insurance claims made by small and medium-sized businesses, and yet a substantial majority remain uninsured.
  • To read more about QuickBooks Insurance, visit their blog or website
    Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk.

Cyber Insurance Market Size to Reach USD 13.97 Billion by 2024 at a CAGR 26.70% | SpendEdge

Retrieved on: 
Wednesday, June 9, 2021

Request for a FREE sample to access the definite purchasing guide on Cyber Insurance procurement.

Key Points: 
  • Request for a FREE sample to access the definite purchasing guide on Cyber Insurance procurement.
  • Related Reports on Financial Services Include:
    Payments Processing - Forecast and Analysis :The payments processing will grow at a CAGR of 9.28% during 2021-2025.
  • Prices will increase by 8-10% during the forecast period and suppliers will have a moderate bargaining power in this market.
  • Prices will increase by 10%-12% during the forecast period and suppliers will have a high bargaining power in this market.

ActZero Partners with Zeguro to Provide Holistic Cyber Risk Management and Response for Small to Mid-Size Businesses

Retrieved on: 
Wednesday, June 9, 2021

MENLO PARK, Calif., June 9, 2021 /PRNewswire/ --Cybersecurity startup ActZero today announced a strategic partnership with cyber insurance provider Zeguro to create a comprehensive cyber risk management program for small and mid-size businesses.

Key Points: 
  • MENLO PARK, Calif., June 9, 2021 /PRNewswire/ --Cybersecurity startup ActZero today announced a strategic partnership with cyber insurance provider Zeguro to create a comprehensive cyber risk management program for small and mid-size businesses.
  • This partnership brings that symbiotic relationship to bear, enabling organizations to pursue risk management strategies across both paths.
  • "In today's evolving threat landscape, companies need tightly integrated risk management solutions more than ever.
  • We're excited to partner with the Zeguro team to align incentives by bringing together risk mitigation with risk transfer," said ActZero COO Chris Finan.

iBynd Partners with BLINK(SM) by Chubb® to Offer Consumer Cyber Insurance Protection

Retrieved on: 
Tuesday, June 8, 2021

NEW YORK, June 8, 2021 /PRNewswire/ --iBynd announced today a partnership launch with BlinkSM by Chubb, a Chubb brandthat provides personal cyber insurance coverage to consumers.

Key Points: 
  • NEW YORK, June 8, 2021 /PRNewswire/ --iBynd announced today a partnership launch with BlinkSM by Chubb, a Chubb brandthat provides personal cyber insurance coverage to consumers.
  • The proprietary platform built by insurance technology and software company iBynd, Cyber Insurance PlusSM( www.cybersinsuranceplus.com ) has integrated Blink's personal cyber insurance as part of its suite of cyber protection products, representing a brand-new focus on delivering "easy, effortless and affordable consumer insurance products."
  • A recent Chubb survey revealed there is a significant gap between those who are concerned about personal cyber security (more than 80%) and those who have cyber insurance protection (just 16%).
  • The iBynd distribution platform that powers the Cyber Insurance Plus and Blink by Chubbproduct offering provides flexible, customizable coverage options.

AM Best's Briefing: With Ransomware Threatening Profitability, How Will Cyber Insurers React?

Retrieved on: 
Tuesday, June 8, 2021

Sridhar Manyem and Fred Eslami of AM Best will join industry experts to discuss emerging trends in the cyber insurance market.

Key Points: 
  • Sridhar Manyem and Fred Eslami of AM Best will join industry experts to discuss emerging trends in the cyber insurance market.
  • Topics covered will include recent market conditions and profitability; high-profile cyber events; underwriting reactions to ransomware; reinsurance; a hardening pricing environment and aggregation risks.
  • To view a video on this report with AM Best Senior Industry Analyst Christopher Graham, visit http://www.ambest.com/v.asp?v=ambcyberreport621 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.