Wholesale Broker H.W. Kaufman Buys U.K. MGA and Cyber Specialist Node International September 30, 2019 H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Node International, a...
AXA XL, Accenture Partner to Provide Cyber-Security Services to AXA XL Clients September 26, 2019 AXA XL and Accenture are partnering to offer global cyber-security expertise to AXA XL’s underwriters, brokers and clients to strengthen...
Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO September 23, 2019 By L.S. Howard There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk...
Business Leaders Spend Less Than 1 Day a Year Focusing on Cyber Risk: Marsh Survey September 18, 2019 A majority of busy board members and senior executives, who are responsible for their organization’s cyber risk management, spent less...
Cyber Risk Modeling Company Kovrr Raises $5.5 Million September 12, 2019 Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led...
Biometrics and Financial Firms, Ransomware Variant Among Latest Cyber Trends: Chubb August 28, 2019 State biometrics laws, a new ransomware threat and the targeting of financial institutions are among the recent trends in cyber...
Canada’s Desjardins Reports Costs of $53M Related to Data Breach August 13, 2019 Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a...
Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million July 24, 2019 By Gwladys Fouche Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack...
CFC Adds Range of Risk Management Services to Tech Insurance Offering July 17, 2019 Specialist insurance provider CFC Underwriting has added a range of free risk management services to its insurance offering for technology...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance June 27, 2019 By Tova Cohen and Ari Rabinovitch Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses...