cyber and data breach coverage News

Beazley Adds Post-Breach Services to Cyber Coverage for Small, Mid-Sized Policyholders

Beazley has further enhanced its Beazley Breach Response (BBR) coverage for small and mid-sized policyholders in the U.S. In conjunction with Lodestone Security, a specialist advisory firm and wholly owned subsidiary of Beazley, BBR policyholders now have access to up …

Risk Cooperative Becomes Lloyd’s Coverholder for Cyber Insurance Facility

Risk Cooperative, a specialized insurance and risk advisory firm, has been approved as a Lloyd’s coverholder giving it the ability to provide up to $10 million in stand-alone cyber insurance coverage. Risk Cooperative can now offer middle market customers and …

HDI Launches Cyber Coverage for Manufacturing Companies

International insurer HDI Global Insurance Company (HDI) has introduced a new cyber product, Cyber+ Smart, designed to support the manufacturing sector. Cyber+ Smart is designed for U.S. enterprises with annual revenues of up to $350 million. Coverage is provided on …

Aon Develops Captive Program for Cyber Risk Transfer

Aon Global Risk Consulting, the risk consulting business of Aon plc, has launched its Cyber Captive Program, which guides companies through a series of steps to help identify, assess and quantify their cyber exposures – ultimately making more informed decisions …

Integro Launches Cyber Risk Practice Focused on ‘Knowledge Assets’

International broker and risk management firm Integro Insurance Brokers has started a new cyber risk practice focused on exposures beyond the commonly accepted definition of data or ‘knowledge assets.’ According to James Sheehan, Cyber Risk practice leader, the exposure created …

Deadline Looms for Citizens Appointment Agreements Addressing Data Security

Appointed agents and agencies of Florida’s Citizens Property Insurance Corp. have just two weeks left to sign new appointment agreements or have their contract with the state-run insurer terminated. Agreements designed to ensure all of Citizens’ appointed agents and agencies …

Former U.S. Security Specialist’s MGA Ridge Global Tackling Cyber Risks

It may be surprising to some that a former governor and head of National Security started an insurance company focused on cyber risk, but Tom Ridge, president and CEO of Ridge Global says it shouldn’t be. “While the world is …

IronPro Enhances Cyber, Tech Products in Canada

IronPro, Ironshore’s financial and professional lines unit, is introducing a suite of enhanced cyber and Technology E&O products customized for the Canadian marketplace. IronPro’s cyber and tech products will also provide eligible Ironshore Highly Protected Information (HPI) policyholders with cyber …

Clermont Specialty Managers to Offer Cyber Coverage Through HSB

Clermont Specialty Managers, a W.R. Berkley company, is now offering data compromise and Cyber One coverages for their customers through Hartford Steam Boiler, a Munich RE company. The program provides protection for data breach and cyber-attacks. Data compromise and CyberOne …