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Beinsure Media: Insurance & InsurTech Insights
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Cyber Insurance

72 posts

Cyber insurance generally covers your business’ liability for a data breach involving sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver’s license numbers and health records. You should have cybersecurity insurance if you handle customer data or store information about your business online.

Cybersecurity insurance can cover the cost of notifying your customers about a breach, legal defense and more. Data breach insurance and cyber liability insurance are types of cybersecurity insurance.
Cyber insurance generally does not cover property damage, which includes computer and other technology equipment that is often damaged as part of the cyber attack. This can be problematic if the hardware has become so corrupt that it’s unfixable or more cost efficient to purchase something new.

In this section, we have collected the most current articles and reviews on the topic of the Cyber Insurance.

Challenges for Cyber Insurance Market's Growth Potential

Challenges for Cyber Insurance Market’s Growth Potential

The realisation of the cyber market’s growth potential is tied to geopolitics and macroeconomics, but also sme penetration, tail-risk management
Cyber Insurance Market Dynamics Changed Significantly

Cyber Insurance Market Dynamics Changed Significantly

Cyber insurance dynamics have shifted significantly over the last 12 months. After a period of upheaval – characterised by a rapidly deteriorating loss environment
War Exclusions in Cyber Insurance are Centre Stage as Re/Insurers

War Exclusions in Cyber Insurance are Centre Stage as Re/Insurers

Whilst there have been no cyber attacks of comparable scale since the invasion of Ukraine, the scope of cyber insurance, and the war exclusions issue specifically
Cyber Supply Chain Risk: Background & Innovation

Cyber Supply Chain Risk: Background & Innovation

The digital supply chain is invisible. It operates in the background but is essential to the day-to-day functioning of most businesse
Global Cyber Warfare Risks Increases Insurance Market Losses

Global Cyber Warfare Risks Increases Insurance Market Losses

Cyber warfare and the attendant risk of systemic losses have long cast a shadow over the cyber insurance market
Cyber War in Ukraine: Implications for the Global Cyber Threat Landscape

Cyber Warfare in Ukraine: Implications for Global Cyber Threat Landscape

The cyber warfare in Ukraine, a clash of titans in terms of cyber security, has considerable implications for the cyber threat landscape
How Does Cyber Security Hygiene Reduce the Risk of Cyberattacks?

How Does Cyber Security Hygiene Reduce the Risk of Cyberattacks?

Companies that have strong cyber security hygiene are reducing the risk of being targeted by cybercriminals. Investment in cyber security is crucial in this environment
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New Trends in the Use Crypto by Criminals

New Trends in the Use Crypto by Criminals

Being at the forefront of helping businesses and agencies detect crypto crime, Elliptic routinely researches new trends in how criminals are using crypto for illicit activitie
US P&C Insurance Industry Generates Underwriting Losses

US P&C Insurance Generates Underwriting Losses in 1H2023

US P&C insurance industry continued to generate significant underwriting losses in 1H2023 despite strong premium growth
Tech-led Value Creation to Spur Company Growth. 3 Pillars by EY

Tech-led Value Creation to Spur Company Growth. 3 Pillars by EY

Private equity firms and their portfolio companies need to go beyond simply employing technology for reducing costs and increasing efficiencies
2024 Global Medical Trend Rates Outlook

2024 Global Medical Trend Rates Outlook

The global average medical trend rate for 2024 to be 10.1%, up from 9.2% in 2023 and the highest rate since 2015

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