56+ min ago  (362+ words) Allianz Commercial and US-based Coalition have entered into a long-term agreement under which Allianz will shift its stand-alone commercial cyber insurance business to Coalition. The deal appoints Coalition as Allianz's exclusive global cyber insurance partner across all commercial segments. Allianz…...

2+ day, 54+ min ago  (294+ words) UK-based insurance group Howden has purchased the intellectual property (IP) assets of Cybeta, a cyber data and analytics company, in a move aimed at strengthening its cyber insurance capabilities for clients in the US. Cybeta, established in 2019 by data science…...

1+ week, 2+ day ago  (184+ words) Property and casualty reinsurer Canopius'has launched a new cyber war product offering businesses protection against the escalating threat of cyber war. The new cover provides protection against state-sponsored attacks carried out as part of a physical conflict. It also safeguards…...

2+ week, 1+ hour ago  (331+ words) Insurers are adding fresh restrictions to payouts for cyber incidents and regulatory penalties linked to AI, reflecting efforts to curb potential liabilities tied to the technology's development. QBE and Beazley are among the insurers that have drafted policy wording intended…...

3+ week, 5+ day ago  (167+ words) Cytora has joined forces with Vuln Check, working with European partner Infinite Insight, to add exploit intelligence to its digital risk processing platform for commercial insurers. The integration gives insurers access to intelligence on software vulnerabilities and exploit-related risks connected…...

1+ mon, 1+ week ago  (8+ words) Peak Re names new chief executive'Life Insurance International...

1+ mon, 4+ week ago  (269+ words) Prudential Financial's Japanese life insurance arm has reported that some employees assigned to contracted agencies removed and shared internal operational data with other company personnel. The company disclosed that 11 staff members collected operational information on 379 occasions from seven different agencies....

2+ mon, 1+ day ago  (444+ words) Life Insurance International Tensions surrounding the escalating conflict involving the US, Israel, and Iran have begun to ripple through global insurance markets, with insurers rapidly reassessing risk exposures linked to shipping, trade, and cyber activity. In recent days, reports have…...

2+ mon, 2+ week ago  (276+ words) Markel, the insurance operator of US-based Markel Group, has entered a collaboration with cyber risk management provider Upfort to broaden support services for the former company's US cyber policyholders. Through the arrangement, eligible clients will be offered Upfort Shield, a…...

3+ mon, 1+ day ago  (233+ words) Coverage offers limits of up to A$5m ($3. 48m) per claim and uses an AI model to assess each client's cyber risks. Cowbell has entered the Australian insurance market, unveiling its Prime One cyber insurance programme for small and medium-sized enterprises (SMEs)…...