In the face of rising cyber threats and crimes, cyber liability insurance has risen as a crucial solution to safeguard businesses. Providing coverage for a myriad of both liability and property losses affiliated with the digital realm, this genre of...
This article highlights the transformative impact of technology, particularly blockchain, Big Data analytics, AI, and IoT on the insurance industry. Along with opportunities, it also touches upon the challenges faced by this sector.
In this digital age, cyber threats are ever-prevalent, targeting not just large corporations but small-to-medium-sized businesses as well. Cyber insurance is quickly becoming a crucial part of risk management, providing a safety net for businesses in case of a data...
Climate change is causing more frequent and more severe weather events, leading to larger insurance claims. As a result, insurers are reassessing their risk models and adjusting their underwriting standards, while also exploring new types of coverage. Preventive measures, diversification,...
This article discusses the crucial role of cyber insurance in protecting against the increased digital threats. It explores how businesses can benefit from its wide range of coverages, including data breach and legal proceedings. The article also highlights the slow...