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Nasdaq Risk Modelling integrates JBA’s Global Flood Model
JBA Risk Management’s Global Flood Model (GFM) has been made available on the Nasdaq Risk Modelling service.
RiskGenius to enhance Guy Carpenter's silent cyber detection
Guy Carpenter has entered into a strategic relationship with RiskGenius to enhance its detection and qualitative analysis of silent cyber exposure across multiple lines of business.
Ransomware attacks up 131% in 2019: Beazley
Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by Beazley, a cyber insurer.
S&P warns Vitality Re transactions could be at risk from COVID-19
A significant increase in claims payments from Health Re, the captive of Aetna Life Insurance, related to COVID-19, could trigger losses for a number of Vitality Re ILS transactions, S&P Global Ratings has warned.
Coronavirus exposes gaps in commercial coverage; captives could offer solution
The spread of the coronavirus, first through Asia and now into Europe, the US and the rest of the world, has exposed gaps in many companies’ insurance coverage. With large Chinese cities and ports in lockdown and employees not reporting to work, supply chains have already been severely disrupted.
Cyber market being held back by deployment challenges: Radiant Insights
While companies are aware of cyber insurance, uptake it being held back by a number of deployment challenges, according to Radiant Insights.
CFSIC reassures older clients after influx of new claimants
The Connecticut Foundations Solutions Indemnity Company (CFSIC) has reassured existing claimants they will not be pushed down the pecking order after an influx of new claimants came into the captive in January.
SRS releases strategic planning and execution service
Strategic Risk Solutions has released a new strategic planning and execution service called Captive 360°.
Cowbell Cyber unveils AI-based cyber platform for small businesses
Cowbell Cyber, a startup that uses artificial intelligence to deliver cyber insurance to small to mid-sized businesses, has launched Cowbell Prime 100, allowing insurance agents to issue bespoke cyber policies with limits of up to $5 million.
Insurers among fastest users of intrusion prevention systems: IndustryARC
The intrusion prevention system market is forecast to surpass $8.5 billion by 2025, according to IndustryARC, a research and consulting firm.
