The Insurer’s Post

Are you aware of trending cyber risks? Check out these noteworthy trends and factors that are expected to impact the cyber insurance market in 2024. Contact an expert at KRGinsure for more advice on cyber insurance coverage and liabilities today! #insurance #insurancebroker #cyberinsurance #CyberAware

Cyber insurance mitigates the risk exposure of a business by offsetting costs involved with damages and recovery from a cyber event.  #PenetrationTesting #CyberInsurance #RiskManagement #ThreatMonitoring #DataSecurity

Insurance Companies & MGAs: 🔒 Protect Your Small Business Clients from Cyber Risks! 🔒 In today's digital world, cyber threats are on the rise, and small businesses are increasingly becoming targets. That's why every insurance company should offer Cyber Liability Insurance to their small business clients. 💼 Why go through all the trouble of filings, claims, and underwriting when we have done that for you? Admitted in all 50 States, our cyber program is an easy bolt-on coverage to your current commercial portfolio, including your workers' comp clients. 🌟Our Program: 1️⃣ Policy 1️⃣ Limit 1️⃣ Premium 🚫Underwriting 🚫Filing 🚫Claims 💲Lots of revenues 🚀Increased sales 🚀Increased retention Don't let your small business clients fall victim to cyber threats. Offer them the protection they need with Cyber Liability Insurance today! 💻🛡️ Email me at [email protected] to learn more about the Cyber Risk Purchasing Group insurance program that will put you ahead of your competition. #CyberInsurance #SmallBusinessProtection #Insurance #CyberDot #FunInsuranceSolutions #ArielRiveraSolutions #ARsolutions #CyberSolutions

🔥 Dive into the world of cyber insurance with this visually captivating Global Cyber Insurance Pricing Index graphic from the latest Howden report. 🌐 Kudos to the talented creator behind this insightful visualization! #CyberInsurance #DataVisualization #HowdenReport #CyberRescue

If an insurance carrier sells cyber insurance and also provides risk engineering (e.g., outside-in scanning; inside-out scanning, cyber loss modeling, other cyber protection services) to a client, and that client is cyber-attacked what is to prevent that client from suing the cyber insurer because the client believes the insurer didn't do its job (e.g., prevent the cyber-attack)? If an insurance carrier sells cyber insurance and partners with 3rd party risk engineering / cyber advisory and protection services firms, why wouldn't the insurance carrier's expenses increase when the services from the (insurer's recommended) 3rd party are used by the insurance carrier's client when the client is cyber-attacked? Or does / will the 3rd party bill the cyber-attacked insured rather than the insurer? Just who does the 3rd party (that works with the insurer selling cyber insurance) bill for its services? #cyber #cyberinsurance #3rdpartyriskengineeringfirms #payingthecyberbill #cyberclaims

A great overview of the importance of cyber insurance in relation to transactional risk insurance on deals. Discussion includes the intricacies of cyber insurance, how cyber insurance intersects with RWI on complex corporate transactions, and the future of the cyber insurance market. #Cyber #RWI #CorporateTransactions #Deals

We spoke a lot about talent in the cyber insurance industry at the NetDiligence® conference in Toronto this year. What do you think is the biggest challenge the industry faces when it comes to talent? Let us know in the comments! #cyberinsurance #cyberindustry #talent

Cyber Insurance Alert: Key Insights from Miller on CrowdStrike Outage Premium Hike Expected: The recent CrowdStrike outage is likely to drive up cyber insurance premiums. Stricter Terms: Insurers may introduce more stringent terms and conditions due to heightened risk perception. Market Reversal: The softening trend in the cyber market might temporarily reverse, with increased premiums and tighter wordings. #CyberInsurance #CrowdStrike #InsurancePremiums #PolicyTerms #CyberRisk #Reinsurance #SystemicRisk #BusinessInterruption #ThirdPartyLiability

Cyber Insurance - Advisr has over 1066 insurance brokers from 184 different insurance brokerages who specialise in Cyber Insurance risks --> Find experts to help you navigate Cyber Risks and Cyber Insurance. --> Find insurance products and get coverage. --> Read the latest thoughts and posts on Cyber Insurance, shared by experts who understand the risks you face. #CyberInsurance #CyberRisks

Have you considered Cyber Risks and Insurance? Your business may end up a target! #Cyber #CyberAttacks #StayAlert #Cyberinsurance #riskmananagement