Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its latest series B funding round. The capital raise was led by Anthemis Group with participation from Permira, PruVen Capital, NYCA …
As cyber threats have continued to grow, one segment of the market that has been especially impacted is education, according to guests on the most recent episode of The Insuring Cyber Podcast. “This is a segment that is squarely a …
Executives for commercial lines insurer W.R. Berkley Corp. indicated in a fourth quarter and full year 2021 earnings call that while they are optimistic about 2022, they are exercising caution when it comes to workers’ compensation. “We do have sensitivity …
The cybersecurity and insurance industries have been talking about prioritizing diversity, equity and inclusion for a while, but Larry Whiteside, co-founder and president of Cyversity, says conversations aren’t enough. “I will never forget the first time that I sat on …
Executives for commercial lines insurer W.R. Berkley Corp. indicated in a fourth quarter and full year 2021 earnings call that while they are optimistic about 2022, they are exercising caution when it comes to workers’ compensation. “We do have sensitivity …
Much uncertainty exists around catastrophic cyber threats, and for an industry so focused on analyzing risk, that’s a big challenge, experts say. Some of the recent cyber attacks on supply chains and critical infrastructure may have insurers wondering if the …
Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business. Co-Founder and CEO Alex Timm in an emailed statement cited pandemic losses as factoring …
The looming threat of increased supply chain and critical infrastructure attacks is causing both cyber experts and cyber insurers to lose sleep already in 2022, according to guests on this episode of The Insuring Cyber Podcast. “Those are going to, …
Ransomware was the word of the year in 2021 for the cyber insurance industry as attacks continued to grow in scale and complexity, and experts say this cyber threat landscape will likely continue in the new year. Kurt Suhs, founder …
As 2021 comes to a close, Insurance Journal is looking back on its top stories of the year. In the East region, the ongoing COVID-19 pandemic remained top of mind for many readers. Beyond the pandemic, readers also took interest …
