Cyber Risk News

e-Sher Underwriting Managers Partners With Global Risk Exchange

Sherwood Insurance Services’ proprietary facility, e-Sher Underwriting Managers, has partnered with Global Risk Exchange, a secure, online insurance supply chain platform which aims to streamline the entire commercial insurance buying process. e-Sher will market the CNANetProtect SM and the Lloyd’s …

Liberty International Underwriters, Cogentric Ally to Deploy Cyber Insurance Engine

Liberty International Underwriters (L.I.U.), a division of Liberty Mutual Group, has formed an alliance with Cogentric to assess e-business sites for companies seeking cyber insurance. Available this summer, L.I.U.’s cyber insurance is being developed for the rapidly growing market segment …

Chubb Introduces Insurance Solutions for Private Companies

The Chubb Group of Insurance Companies introduced a set of executive protection insurance solutions designed to address some of the most critical exposures of privately held companies. ForeFront Portfolio(SM) is comprised of eight distinct coverage sections: directors and officers liability …

HARTFORD’S NEW ENHANCEMENTS

As more small and mid-sized companies expand their use of the Internet as a business tool, they become increasingly vulnerable to risks that may not be covered by their standard business insurance policies. E-mail viruses, website business interruptions and online …

The Hartford Study Finds Small Businesses in the Dark About eCommerce

Love Bug-type viruses. Lawsuits for privacy violations. For small and mid-sized companies venturing onto the Internet, the world of cyberspace can be fraught with pitfalls. Compounding the problem is that few small and mid-sized companies know whether they are adequately …

AIG Offers Kroll Personal Security Services to Private Clients

AIG announced that it was expanding its working relationship with Kroll Associates, the international security firm, and that its Private Client group would offer the firm’s “personal security services to high net worth individuals and their families.” Kroll works closely …

Online CE Courses are Changing the Ways Agents Get Educated

Sadly, this is the mindset of many agents when it comes to continuing education. Every agent knows the important role that continuing education (CE) plays in keeping up with the industry’s ever-changing business environment. “I don’t think that a lot …

Court Shuts Down Fake-ID Web Site

Based on a Federal Trade Commission complaint, a federal court has shut down a website offering templates to help produce fake driver’s licenses and state identification cards. The FTC complaint, filed earlier this month, alleges that Jeremy Martinez of Tarzana, …

Arthur J. Gallagher Acquires SiliconInsurance

Arthur J. Gallagher & Co. has acquired SiliconInsurance of Chicago. Terms of the transaction were not disclosed. Founded by Michael Flanagan, Silicon provides a full range of property/casualty and risk consulting services to emerging technology companies. They furnish e-commerce and …

Dallas Agents Prepare For All Industry Day

The Independent Insurance Agents of Dallas and the Dallas Chapter of the Society of CPCU will host its 10th annual All Industry Day on Nov. 21 at the Hotel Inter-Continental in north Dallas. Over 55 exhibitors are expected, as are …