Applied Filters
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.
First captive to manage cryptocurrency risk formed on Bermuda
The first captive to manage risk associated with crypto currencies has been formed on Bermuda. The vehicle has been formed by a large financial institution to take on the risk of digital assets that it stores on behalf of third parties being stolen.
Captive premium growth for cyber risk up 263%
Captive premium growth for cyber risk has accelerated by 263 percent in the past year, according to Aon.
RYSKEX among insurtechs to join Lloyd’s Lab development hub
RYSKEX, an AI-driven hedging platform for emerging risk that bring together risk management, captive insurance units and institutional investors, is among the second cohort of 12 teams to join Lloyd’s Lab, the experimental development hub to explore ways to boost efficiencies at Lloyd’s of London.
Accenture and Generali introduce blockchain solution for captives
Accenture and Generali Employee Benefits (GEB) have introduced a blockchain solution to improve the reinsurance process for captives in the employee benefits industry.
AM Best upgrades Sony's Bermuda captive
Ratings agency AM Best ha upgraded the financial strength rating of Sony's Bermuda-based pure captive PMG Assurance from A- (Excellent) to A (Excellent).
