Cyber Archives - Page 11 of 54

28 03, 2022

Cyber Risk has Everyone’s Attention

By PLUS|2022-03-28T09:39:26-05:00March 28, 2022|@PLUS, Cyber, PL Insurance|0 Comments

Danielle Roth is Head of Cyber and Technology Claims for AXA XL, a division of global insurer AXA. After a number of significant cyber incidents and software vulnerabilities made headlines in 2020 and 2021, cyber risk, and all its potential connected liabilities, has everyone’s attention. Federal and state regulators are requiring more attention be paid to it: In May 2021, for instance, President Biden signed an executive order establishing baseline cybersecurity standards for U.S. agencies and software contractors, mandating multifactor authentication, endpoint detection and response, data encryption, a skilled internal security team, among other best practices. Anne Neuberger, cybersecurity adviser at [...]

2022 Cyber Market Observations—A Carrier Perspective

By PLUS|2022-02-28T13:03:56-06:00February 28, 2022|@PLUS, Cyber, Guest Blog, PL Insurance|0 Comments

Steve Krusko is the Chief Underwriting Officer for Berkley Cyber Risk Solutions, a wholly owned operating company of W. R. Berkley Corporation. He is responsible for setting strategies, underwriting guidelines, broker appointments and ensuring the profitability of all cyber insurance products underwritten within Berkley Cyber Risk Solutions. The expectation for the first half of 2022 appears to be a continuation of 2021 as insurance carriers continue to adjust their portfolios to improve underwriting results and brokers look for solutions to meet their clients’ needs. This will present both challenges and opportunities as the Cyber Insurance ecosystem adjusts to a long-term [...]

Cyber Insurance —A Year in Review (2021)

By PLUS|2021-12-15T15:22:58-06:00December 20, 2021|@PLUS, Cyber, Guest Blog, PL Insurance|0 Comments

Kelly B. Castriotta, Esq, is a Managing Director, Global Cyber Underwriting Executive at Markel Corporation (NYSE: MKL). The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of Markel Corporation or any of its subsidiaries or holdings. The information providing with this article does not, and is not intended to constitute legal advice; instead, all content within is for general informational and research purposes only. With daily headlines flooding our inboxes re: all things cyber, sometimes it helps to reflect over the timeline of a year and [...]