Insurtech Stoïk raises €11m in a Series A round led by Andreessen Horowitz (a16z)
Franch cybersecurity insurtech Stoïk has raised €11m in a Series A round led by US investment giant Andreessen Horowitz (a16z) to roll out its hybrid insurance
Cyber Insurance News
Coalition acquires P&C insurer Digital Affect Insurance from Munich Re
Cyber insurance provider Coalition has acquired property and casualty insurer Digital Affect Insurance from Munich Re.
Cowbell Cyber and Swiss Re announce partnership in cyber insurance coverages
Cowbell Cyber announced a new partnership with Swiss Re to bring “expertly designed” cyber insurance coverages to enterprises with up to $750 million in revenue
Cyber risk insurtech Axio raises $23 mn in Series B
Axio, a platform for cybersecurity risk evaluation, today announced the closure of a $23 million Series B round led by Temasek’s ISTARI
Ghost Security is announcing $15 mn investment at $50 mn valuation
Ghost Security, a US-based application security company, is announcing its emergence from stealth mode and a $15 million investment from 468 Capital
CyberCube launches cyber aggregation event response service for insurance
Cyber risk analytics provider CyberCube has today launched CAERS, a new cyber incident response service for clients of the company’s SaaS products. The Cyber Aggregation… Read More »CyberCube launches cyber aggregation event response service for insurance
Reinsurance broker McGill will be using CyberCube`s cyber risk analytics
CyberCube, a cyber risk analytics firm, has announced that specialist re/insurance broker McGill and Partners, will be using its cyber risk analytics platforms as part… Read More »Reinsurance broker McGill will be using CyberCube`s cyber risk analytics
SMEs risk being priced out of cyber insurance as rising costs
SMEs risk being priced out of cyber insurance as rising costs force them to prioritise other areas of their business, according to market research company GlobalData.
New Cyber insurance rates for energy companies. Why insurers raise prices?
Energy and utility companies have become the main target for cyber attacks. Given the growing threat of such attacks, demand for cyber insurance
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Cyber threat actors’ tactics, techniques, and procedures are constantly evolving, exposing cyber insurers to an ever-changing loss mix
Few industries remain untouched by artificial intelligence, and insurance is no exception. 29% of insurers globally already use AI—a figure expected to rise
The global cyber insurance outlook remains Stable, reflecting solid demand, profitability, and regulatory compliance
Business leaders are aware of AI-driven cyber risks and their implications. But understanding changing risk profiles to make better decisions around the management of new exposures