Tag: cyber insurance
Cyber insurer Coalition adds Vantage to its excess program
Cyber insurance platform Coalition has added Vantage, a re/insurance partner established in 2020, to its US excess cyber program through its Vantage Risk Specialty Insurance Company.
Merck awarded $1.4bn claim over 2017 NotPetya cyberattack
Merck has been awarded $1.4bn from Ace American Insurance after a court cause was ruled in its favour regarding the NotPetya malware outbreak from 2017.
Cyber insurance startup Baobab nets pre-seed
Baobab, which bundles cybersecurity and cyber insurance services, has reportedly collected €3.5m in its pre-seed funding round.
Measured Analytics and Insurance unveils cyber solution to widen cyber insurance...
Measured Analytics and Insurance has introduced CyberGuard Central, a partner program aimed at offering cyber insurance to Measured’s clients.
Why small businesses need to take cybersecurity and cyber insurance seriously
While small businesses might feel they are too small to be a victim of a cyber-attack, that is not the case and cyber insurance should no longer be seen as a luxury.
Coalition joins the ever-growing list of FinTech unicorns after fresh funding...
Cyber insurance platform Coalition has joined the ever-growing list of FinTech unicorns, after its valuation hit $1.75bn.
Can London become a leader in cyber insurance?
Given the rise of hack attacks during the pandemic, it's hardly surprising that the need for cyber insurance is skyrocketing. Now, London may make a move to become a leader in the industry.
Cyber insurance startup At-Bay secures $34m in its Series C round
Cyber insurance company At-Bay has raised $34m in its Series C round, which brings its total equity raised during 2020 to $74m.
Cybersecurity company Resilience launches cyber insurance services
Resilience, which combines insurance and cybersecurity, has released its new program manager, which will focus on the mid-market.
The new service, Resilience Insurance, will be...
Cyber insurance grows in popularity as ransomware attacks become more frequent
As hack attacks continue to be a major concern for businesses, almost 80% of companies have added cyber insurance to their policies, according to new research.