cyber coverage News

Arch Launches New Network Security & Privacy Products

Arch Insurance Group, a division of Arch Capital Group Ltd., has launched a new network security & privacy product. The new Arch Netsafe 2.0 is designed to protect a company’s liability to third parties and their own business income and …

QBE Expands Commercial Products to Include Cyber, Data Compromise Coverage

QBE North America, an operating division of global insurer QBE Insurance Group Limited, has launched CyberOne and Data Compromise, an expanded suite of products and services designed to help protect small to medium-sized commercial organizations from information security exposures. CyberOne …

XL Catlin Introduces Cyber Insurance Endorsements for Specific Industries

XL Catlin’s Cyber & Technology has unveiled endorsements for financial institutions, healthcare, retailers as well as energy and utility companies that address cyber risks of each industry. “All businesses are growing more and more connected. Yet, they still have their …

EPIC Launches Cyber Risk Insurance Platform for Small, Mid-Sized Businesses

EPIC Insurance Brokers & Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has launched its proprietary Cyber Risk and Insurance Platform tailored to small and mid-sized businesses. The initial offering of EPIC’s Financial Risk Solutions Specialty Group, …

XL Catlin Adds Cyber Insurance For Design Professionals

To help architectural and engineering firms stave off the financial and reputation consequences of potential cyber incidents, XL Catlin has added cyber insurance as an optional coverage to its professional liability insurance for architects, engineers and other design businesses. Available …

FM Global Enhances Cyber Coverage With Cyber-Related Loss Endorsement

FM Global, a global commercial property insurer, has launched a new endorsement to its all-risk FM Global Advantage policy – Cyber Optimal Recovery – to help maximize a client’s recovery from a cyber-related loss. Designed for clients that have—or intend …

AIG Unleashes New Primary Cyber Policy for Property/Liability Exposures

AIG rolled out a new standalone cyber policy that provides primary insurance protection for a wide range of related risks. The insurance giant is marketing CyberEdge Plus as offering primary protection for property damage, bodily injury, business interruption, product liability …

Grange Insurance Launches Cyber Coverage for Businesses

Grange Insurance launched new cyber coverage for businesses that offers protection against potential data breaches. The new coverage offers limits ranging from $25,000 to $1 million, first- and third-party coverage and breach response planning and reputation management from cyber security …

NAS Insurance Enhances Cyber Liability Coverage, Lowers Rates

NAS Insurance Services has enhanced its NetGuard Plus cyber liability product. The new coverage features offer greater protection for emerging privacy and security threats for businesses of all sizes across a range of industries. The enhancements include: Unknown prior acts …

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 …