August 6, 2019 In 2018, the EU’s General Data Protection Regulation (GDPR) loomed over the insurance industry, triggering a rush of compliance efforts from firms either headquartered in Europe or
August 6, 2019 On July 29, bank and credit card company Capital One announced the discovery of a data breach affecting approximately 100 million customers in the United States and
Lloyd’s of London, the specialist insurance and reinsurance market, is taking steps to mitigate silent cyber.
A report from ratings agency A.M. Best, which revealed that “cyber claims growth greatly exceeded in-force policy growth in 2018.”
The Council has been working on an approach to standardize the monitoring processes for agents/brokers that are considered to be third-party service providers (TPSPs) of the carriers (and vice versa) under New York’s Cybersecurity Regulation.
May 2, 2019 Should Zurich fail to prove any of the points in this article, NotPetya could be, in the court’s eyes, an act of criminality, or even of terrorism.
May 2, 2019 In 2017, companies worldwide, from Ukrainian banks to Danish shipping conglomerate Maersk to US companies Merck and Mondelēz, were crippled by a malware attack targeting every existing
April 4, 2019 As discussed in a previous newsletter analyzing the current cybersecurity landscape, the National Association of Insurance Commissioners (NAIC) established its own standards, known as the NAIC Insurance
April 4, 2019 Global insurance broker Marsh recently announced its partnership with insurers active in the cyber insurance market, including Allianz, AXA XL, Beazley, Zurich and others. Marsh’s evaluation program
March 7, 2019 Michael Fitzpatrick, contributing editor at Leader’s Edge, sat down with Patrick Costello, a principal at Evolve MGA, to discuss how Evolve MGA is approaching the problem of