Companies Can Control Cyber Costs with Product and Technology Risk Selection

cyber risk management

With rising demand and dangerous third-party risks, cyber insurance carriers are scrutinizing enterprises’ security postures to the point of limiting or denying coverage based on the presence of specific technologies. Cyber insurance premiums and payouts have risen significantly over the past three years as attack surfaces and adversary techniques have expanded. Customers must comply with… Continue reading Companies Can Control Cyber Costs with Product and Technology Risk Selection

Insurtech-based Premiums to Exceed $400 Billion by 2023, Representing 7% of Global Insurance Market

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A new study from Juniper Research has found that insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018. The research found that insurtech platforms will equip insurers to meet the challenges of diminishing margins and increased competition, creating an opportunity insurers cannot ignore… Continue reading Insurtech-based Premiums to Exceed $400 Billion by 2023, Representing 7% of Global Insurance Market