Cowbell’s Post

How Financial Sponsors are moving the value creation needle Financial sponsors increasingly understand that there are many levers in the market that they can pull during the holding period. These levers include the more commonplace use of traditional insurance solutions designed around areas like directors’ and officers’ insurance (D&O) and cyber. And while effective, there are plenty of opportunities to utilize extra, non-traditional levers. Learn more about these non-traditional levers: https://aon.io/4cg2JNX

How to build a sustainable #cyber insurance market in the face of growing systemic risks? Check out why re/insurers, capital markets as well as governments have to be part of the solution, according to Dani Tobler, Head Cyber Reinsurance, Swiss Re: https://ow.ly/yc8R50QQ5G7.

Additional reinsurers will enter the #cyber market in 2024 CyberCube “As reinsurers look at traditional lines of insurance being transformed by internet-connected risk, as well as the opportunity to participate in a rich new line of insurance, those reinsurers who were hesitant to dip their toe in the waters of cyber will increasingly see the imperative to do so.” Pascal Millaire The wide-ranging predictions include expectations that there will also be further development of the insurance-linked securities (ILS) sector to create a long-term sustainable and thriving marketplace. https://lnkd.in/ejYzqReV

Great to discuss latest Undercurrents article on the growth constraints and growth potential of the cyber market with The Insurer TV. Many thanks to Paul Bantick at Beazley, Michael Phillips at CFC, Mario P Vitale at Resilience, and to the multi-talented Gallagher Re cyber team for their insights and perspectives. https://lnkd.in/dK5UeQre

Come and have a chat with Jed and Mick if you are at #insuretechinsights and see the technology that we feel is critical in any investigation in the modern day.

I invite those who are clients of ours, prospects of ours, and others who know me to come to this free seminar. We will keep it rolling from subject matter expert to subject matter expert and I assure you will walk away learning something new and meeting someone new to you. #security #Cybersecurity

Cowbell Founder and CEO, Jack Kudale, recently sat down with Business Insurance Editor Gavin Souter to speak on Cowbell’s expansion plans, the company's use of artificial intelligence, and how he feels the federal government can help handle catastrophic cyber risks. Read the full article: https://lnkd.in/g6ee_tZD #cyberinsurance #technologyEO #morecowbell

Five years ago, Lloyd's of London issued a mandate with the aim of tackling the challenges of insurers’ exposure to silent cyber coverage. Under the mandate, which came into effect on 1 January 2020, insurance companies must state whether first party policies cover cyber-related losses such as cyber-attacks and loss of data. Since then, the Lloyd's mandate has been rolled out in various business classes and has led to a gap in non-malicious cyber coverage across cyber and professional indemnity (PI) cover. Speaking to Insurance Insider, Bhavik Desai, Director of PI discusses this gap and how Markel is addressing it in line with recent events including the CrowdStrike IT outage which took place earlier this year: https://lnkd.in/ed-uUh7J #Cyber #PI #Underwriting #AI 

Insurtech Insights Europe starts in two weeks! Come and see us on stand A6 to find out how we’re combatting deepfakes and digital misinformation in claims and fraud investigations. More details about Insurtech Insights Europe: 📅 20 - 21 March 📍 London, UK 🔍 Issured stand: A6 Book a meeting with Jed Stone and Mick Keogh to learn about our innovative products, designed to improve your operational effectiveness and protect your digital evidence from legal challenge (link in comments) 👇 #insurtechinsights #insurance #insurtech #conference #digitalevidence CPI OpenFox Dutch Ridge Consulting Group (DRCG), LLC Lockdown Cyber Security Swiss InsurTech Hub

Insurance market conditions are improving for Swiss buyers but there remain areas of concern such as cyber, international property, transition risks and a lack of credit for ESG credentials. And although leading Swiss insurance managers welcome the end of the hard market, they are wary of an acute swing to softening and yet more price volatility that would, ultimately, lead to further corrections and never-ending market cycles. What they want above all else, it seems, is stability. More here... https://ow.ly/XZaC50SBGcr #RiskManagement #SwissInsuranceManagers Forbo Group