Privately-owned U.S. computer networks remain vulnerable to cyber attacks, and many U.S. companies are not doing enough to protect them, Deputy U.S. Defense Secretary Ashton Carter said on Wednesday. “I hope this isn’t one of those situations where we won’t …
Chartis and the partners of Assurex Global have formed an arrangement to offer their clients a customized network security and privacy insurance product. Chartis insurers will offer a suite of tailored coverage enhancements through their market-leading CyberEdge network security and …
Compromise legislation introduced in the U.S. Senate on Thursday would bolster cyber threat assessment and permit the government to share information with American business under certain conditions, a step aimed at better protecting them from attacks. The bill, which is …
Hiscox has launched a new suite of technology products to address the growing technology, privacy and cyber risks facing businesses globally. Hiscox coverage includes breach of contract and intellectual property exposures, which representing over 80 percent of all technology claims …
Argo Pro, a member of Argo Group International Holdings, Ltd. has introduced a new cyber liability insurance product – information & Professional Risk Playbook(iPRP)– designed to address the exposures businesses face from their increasing reliance on information technology. In addition, …
ACE USA, the U.S.-based retail operating division of the ACE Group, has added five new member firms to its ACE data breach team. This pool of independent, third-party professional service will help organizations and businesses execute data breach response plans. …
Travelers has introduced an enhanced version of its product-suite CyberFirst with eight first party coverage options designed for technology companies. The new expense reimbursement module covers costs resulting from cyber attacks including theft of assets, intellectual property or private information; …
Chartis has introduced CyberEdge Tower, an insurance product that provides catastrophic network security and privacy protection. It provides total aggregate limits of liability of up to $100 million that are structured to allow the insured to cost-effectively retain up to …
Rock Hill, N.Y.-based Irwin Siegel Agency Inc. has opened an office located in Boise, Idaho. ISA, a national insurance and risk management provider, also named Chad Williams as a business development director. ISA offers tailored insurance products to developmental disability, …
Company Directors must wake up to cyber threats or they risk litigation from all sides, warned Francis Kean of Willis Group Holdings. Speaking at a Willis-hosted cyber liability conference in London this week, the Executive Director of Willis’ FINEX Global …
