Cyber Insurance Monthly
Cyber Insurance News Briefs
Insurance update from around the industry
Swiss Re Corporate Solutions Strengthens
its Cyber & Technology Team
Marsh 2014 Cyber & Data Security Risk
Survey Report
Swiss Re Corporate Solutions
adds two new senior executives.
Francois Brisson and Richard De Piero are
appointed Global Head and Head North America,
respectively, for this key line of business in the
company’s Financial & Professional Lines segment.
Survey indicates most small and
medium size businesses remain
relatively unaware of the cyber and data risks facing
their organizations or consider risks to be
inconsequential.
Go to Marsh Survey
Go to Swiss Re
XL Group Builds Data Breach Response
Specialists Network
Aspen Sees SMB Demand for Cyber
Insurance
John Coletti, Chief Underwriting
Officer of XL Group’s Cyber &
Technology announced its network of
prequalified breach response specialists to provide
its cyber liability insurance clients with the market’s
most comprehensive selection of industry experts to
help navigate complex data breach issues when they
arise.
Aspen Insurance reports that smallmedium size businesses is a growth
business for cyber insurance.
"Hackers are becoming more
sophisticated” and coverage and
pricing for business interruption is a key
consideration that insurers are confronting.
Go to Aspen Insurance
Go to XL Group
Hiscox Provides Coverage for Cyber
Deception
Liberty Mutual Offers Cyber Coverage for
SMB Businesses
Cyber deception coverage are
losses incurred by employees
tricked into transferring company
funds and includes obtaining
personal information via phishing, social engineering
and confidence tricks over email, phone and other
electronics.
Liberty Mutual Insurance is
providing cyber coverage for its
commercial package and general
liability policies for small and
medium size businesses.
Go to Hiscox
Page 19 - January 2015
Go to Liberty Mutual Insurance