Berkshire’s Jain on Cyber: ‘The Mindset Should Be You’re Not Making Money’ May 8, 2024 While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss...
Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz November 8, 2023 By Insurance Journal Following two years of high but stable loss activity, 2023 has seen a “worrying resurgence” in ransomware and extortion claims...
Catastrophe Scenarios Highlight Need to Better Understand Cyber Risk September 10, 2019 As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report...
How Cyber Market Changes Will Impact Claims February 1, 2018 By Denise Johnson Changes in the cyber insurance market are expected to bring challenges to claims departments, according to Tom Johansmeyer, assistant vice...
Accidental Data Breaches Growing Cause of Cyber Losses August 2, 2017 Beazley, a cyber and data breach response global insurance provider, released its Beazley Breach Insights findings based on its client...
Tips on Understanding Cyber Risk Losses January 28, 2015 By Denise Johnson Cyber risk can be technically hard to understand, according Marty Frappolli, senior director of Knowledge Resources for The Institutes. The...