Level Term vs Decreasing Term Life Insurance: Which One is Right for You? Introduction In the realm of life insurance, two common types that often come up for consideration are level term and decreasing term life insurance. Each serves a distinct purpose and offers unique benefits depending on your financial goals and circumstances. In this … Read more
Keenan Notifies Clients of Data Breach Possibly Affecting 1.5 Million In recent times, the digital world has become more interconnected than ever before, with vast amounts of sensitive information exchanged across various platforms and networks. However, this increased connectivity also brings with it a heightened risk of data breaches and cyberattacks. Recently, Keenan, a prominent player … Read more
Google Settlement Shines Light on D&O, Cyber Cover: Understanding the Implications Introduction In recent times, the Google settlement has brought to light crucial aspects of Directors and Officers (D&O) insurance and cyber cover. This comprehensive guide aims to delve into the intricacies of this significant development, providing insights into the implications for businesses and insurance … Read more
Expanding Cyber Coverage Globally: WTW’s Latest Offering In an era where cyber threats loom large over businesses worldwide, proactive risk management has become imperative. Recognizing this need, WTW has unveiled its latest initiative: cyber coverage for clients outside the US and Britain. This groundbreaking development marks a significant milestone in the realm of cybersecurity insurance and underscores WTW’s … Read more
Cyber Risk Management: MGA Introduces Parametric Coverage Descartes Insurance said Thursday it would offer companies in France parametric-based coverage for cyber risks with limits of €5 million ($5.4 million) per policy. The trigger for the cyber shutdown coverage is a “cyber encryption incident” as part of a ransomware attack “as evidenced by the encryption of … Read more
Cyber Incidents and Business Interruption: Key Global Risks in 2024 In an era defined by technological advancement and digital transformation, the prevalence of cyber incidents and their consequential business interruptions has emerged as one of the foremost global risks in 2024, as highlighted by Allianz. As businesses navigate the intricate landscape of cyberspace, the specter of … Read more
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