There isn’t a more dynamic or fast-paced part of the insurance industry than cyber. While that gives providers a chance to innovate, it also means the bar is continually moving. This year’s winners of Insurance Business America’s 5-Star Cyber 2024 stood out for empowering brokers with tools to understand the risk better and showcase their expertise and stability to clients. Read the full report and meet the firms at the leading edge diligently protecting clients in a rapidly changing landscape. https://hubs.la/Q02ymN8Z0
Insurance Business America’s Post
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Partner at DAC Beachcroft LLP | Data, Privacy & Cyber Practice Co-Lead | Data Protection & Privacy Lawyer
This year we expect to see a new emerging trend in data breach claims. We've just released the details of this trend in our 2024 Data, Privacy and Cyber predictions, as well as over 160 predictions on the full spectrum of insurance risks, to support the global insurance market in preparing for the challenges ahead. Take a look at all the predictions our insurance experts are making here: https://bit.ly/3tYgfpc
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Catch up on the trends forecast in the Data, Privacy and Cyber arena in DAC Beachcroft 2024 Predictions released last week. Also available in audio if you enjoy multi-tasking -click on the link below... #informedinsurance #predictions #trends #forecast #articles #insurance #databreach #cyber #privacy #dataprivacy #legal #claimsmanagement
Partner at DAC Beachcroft LLP | Data, Privacy & Cyber Practice Co-Lead | Data Protection & Privacy Lawyer
This year we expect to see a new emerging trend in data breach claims. We've just released the details of this trend in our 2024 Data, Privacy and Cyber predictions, as well as over 160 predictions on the full spectrum of insurance risks, to support the global insurance market in preparing for the challenges ahead. Take a look at all the predictions our insurance experts are making here: https://bit.ly/3tYgfpc
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According to CyberCube's cyber catastrophe model and industry exposure database, the CrowdOut event is a major event for the cyber insurance market but does not come close to the destructive potential that leading insurers are holding capital against. Read more here: https://lnkd.in/ebCtqnaS #CrowdOut #CrowdStrike
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Member of the Executive Board / Vorstandsmitglied Liability, Cyber & Motor bei HDI Global SE
For societies, industries and companies, large scale cyber attacks are a fundamental systemic risk. Our very own Meike has shared her thoughts with the Intelligent Insurer and will discuss with colleagues at the upcoming panel. Have a look if you are interested in Cyber risks.
Meike Röllecke, Head of Cyber and Financial Lines at HDI Global SE, highlights the ongoing challenge in accurately identifying systemic cyber scenarios. The reliance on assumptions persists as insurers often lack sufficient client information. While the industry has faced significant cyber challenges, including zero vulnerabilities and ransomware attacks, Röllecke suggests a seismic impact is yet to be witnessed. Read the full interview here: https://lnkd.in/eWMPcPRb #HDIGlobal #WeAreHDI #PartnerInTransformation #CyberInsurance
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Exciting day with another great partner! Kovrr & LineSlip Solutions join forces to enable broad set of benchmarking parameters for enterprises during their #cyberinsurance renewal process. Leo Bernstein and John Bonner thank you for your trust and leadership on this, looking forward to build great business success together and deliver great value together to enterprises worldwide. #CRQ #cyberrisk #cyberriskquantification
🚨 Breaking News: We're excited to announce the launch of Peer Comps - Cyber, making it easy for brokers to assess client’s expected losses, see coverage for industry peers, and sell cyber insurance more effectively. Get started with a FREE trial: https://lnkd.in/eB_Xfc9e
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Meike Röllecke, Head of Cyber and Financial Lines at HDI Global SE, highlights the ongoing challenge in accurately identifying systemic cyber scenarios. The reliance on assumptions persists as insurers often lack sufficient client information. While the industry has faced significant cyber challenges, including zero vulnerabilities and ransomware attacks, Röllecke suggests a seismic impact is yet to be witnessed. Read the full interview here: https://lnkd.in/eWMPcPRb #HDIGlobal #WeAreHDI #PartnerInTransformation #CyberInsurance
Meike Röllecke interviewed by Intelligent Insurer
hdi.global
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Have you downloaded the latest Cyber Claims Study from NetDiligence? Gain critical insights from over 9,000 real cyber insurance claims to reveal how threats are evolving and what's at stake for cyber insurers and their policyholders. Download the full report today: https://hubs.la/Q02HhRpB0
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"we need to sort that", "I think we have it covered" "We paid a friend of a friend to setup our network so it should be ok" These are all answers we regularly hear when asking customers about there cyber security. Another one we hear is "I wish I had sorted that" Cyber essentials is an annual review process so even if you think you are covered why not take a second to validate that thinking. This doesn't need to take your time, Laboc communications have a suite of tools and experienced engineers to guide your business through the Cyber Essentials process while you focus your time on your business. engage with us to start the process so we don't hear you say "I wish I had sorted that"
Published yesterday - New statistics from insurers show that organisations which have Cyber Essentials are 92% less likely to make a claim on their cyber insurance than those which don’t have Cyber Essentials Source: https://lnkd.in/eVUU7YaU #cyberessentialsworks #cyberessentials #letstalkcyber https://lnkd.in/d2y9amf
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💪 🤝 We’re now powering the broadest insurance ecosystem in the market to further prevent ransomware across all surfaces. With our new Risk Assurance Initiative, leading carriers and providers, including AXA XL, Coalition, Inc., Travelers, At-Bay, CFC, and Hanover, are leveraging our autonomous capabilities and Singularity™ Platform to deliver world-class threat protection for policyholders. 🌟 Any customer switching from another security vendor and getting cyber insurance from the providers in this alliance will receive a substantial SentinelOne product discount—and may qualify for additional insurance premium discounts. 🗞️ To learn more, read the press release: https://s1.ai/RskAssrPR 🟣 Get a demo: https://s1.ai/platform
