Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches worldwide analyzed by Verizon’s forensic analysis unit were at companies with 100 employees or less*. However, a questionnaire by Travelers …
Ryan Specialty Group’s (RSG) ThinkRisk Underwriting Agency and Aspen US Insurance have entered into a new underwriting partnership. ThinkRisk will transition its existing converging risk program –specialized errors and omissions insurance for media, advertising, technology, privacy and network and security …
Business Risk Partners (BRP) is now offering E&O with built-in data breach/privacy coverage for tech service providers, including website designers and engineers, software developers, and emerging tech firms. Additionally, for small and middle market companies nationwide, BRP is offering stand-alone …
Roughly 15% of race registrants never even make it to the starting line1. ACTIVE Network, a cloud-based Activity and Participant Management company (APM), and Allianz Global Assistance USA, a provider of consumer specialty insurance, are partnering to provide event organizers …
Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter, has been accredited as a Coverholder on behalf of Lloyd’s of London. As a Coverholder, Berkley Technology Underwriters is able to secure locally accepted insurance coverage around the world for its …
Markel has launched a revamped IT professional policy, with a complete overhaul of the existing form. In addition to basic professional liability, the policy now includes configurable first and third party data privacy and security coverage, general liability and media …
A financial services industry group warned U.S. banks, brokerages and insurers on Wednesday to be on heightened alert for cyber attacks after Bank of America and JPMorgan Chase experienced unexplained outages on their public websites. The Financial Services Information Sharing …
XL’s CEO Mike McGavick doesn’t mince words when it comes to looking at the big, and not very pretty, picture of the state of the re/insurance industry. Address emerging risks, innovate, create new products and provide potential insurance buyers with …
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 …
San Diego, CA, 05/23/12 – Tech-savvy young independent insurance agents are changing how the property/casualty insurance industry operates, a new survey reveals. Jason D. Cass, owner of the JDC Insurance Group based in Centralia, Ill., who also serves as chair …
