The international firm’s new operations will be piloted by CFC’s former cyber team lead
’It’s quite costly for them,’ says associate
The founder and chief executive of Intangic believes its new cyber insurance policy can ‘ease some of the headache’ for risk managers
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
Although the insurance industry may not have the ‘muscle memory’ to react to a major cyber event, Lloyd’s of London’s attempts to clarify cover around state-backed attacks could present opportunities for brokers
Financial services which includes insurance remains one of the most heavily targeted industries according to CyberCube’s report
Airlines must ensure that ‘hull and liability insurance dovetails’ with cyber cover to ensure well rounded risk protection from cyber attacks, says broker
‘Homeworking has widened businesses’ attack surface,’ says UK security researcher
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
Reports suggest that Royal Mail has refused to pay the ransom
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
Cyber underwriter CFC is adamant that it protects client data to a sufficient degree, however