Dynamic Reinsurance’s Post

Thank you FortMesa and the team for working with us to deliver a fantastic outcome for this insurance client. We are delighted to see the case study published to a wider audience. Infoprotect's unique risk profiling system opens doors to cyber insurance for businesses previously considered uninsurable. Infoprotect simplifies the process from risk assessment to placement, providing an accurate risk profile to the client, broker and insurer resulting in competitive premiums and comprehensive coverage. All parties involved benefit from improved cybersecurity posture, a clearer view of where claims will come from, reduced exposure to cyber losses and removing reliance on the customers understanding of what is being asked of them. Insurers can collect consistent data, offer competitive premiums, reduce losses from cyber claims, and develop risk-based pricing models with Infoprotect's expertise. Contact Brad Fraser for more information. #cyberinsurance #cyber #cybersecurity #insurance #insurer #cyberunderwriter #casestudy

I was delighted to help Brad Fraser and the team at FortMesa bring this case study to a wider audience. Infoprotect's unique risk profiling system opens doors to cyber insurance for businesses who have previously struggled to obtain cover or who need help assessing their cyber position. Infoprotect simplifies the process from risk assessment to placement, providing an accurate risk profile to the client, broker and insurer. For our most recent cast study this resulted in competitive premiums and comprehensive coverage which was previously unavailable to the client. All parties involved benefit from improved cybersecurity posture, a clearer view of where claims will come from, reduced exposure to cyber losses, removing reliance on the customers understanding of what is being asked of them and validation of their cyber position before placement. Insurers can collect consistent data, offer competitive premiums, reduce losses from cyber claims, and develop risk-based pricing models with Infoprotect's expertise. If you'd like to find out more about how this could compliment your current client proposition just drop me a line or get in touch with Brad Fraser, CEO at Infoprotect UK #cyberinsurance #cyber #cybersecurity #insurance #insurer #cyberunderwriter #casestudy #fortmesa

Is your business fully prepared to manage a cyberattack? Developed with leading global consultancy J.S. Held LLC, our Cyber Business Interruption Playbook here: https://lnkd.in/gXWdB6jW is your go-to guide for navigating post-attack recovery. It covers risk assessment, insurance, incident response, and recovery planning—everything you need to remain resilient.

All signs point to the softened cyber market coming to an end shortly with an uptick in the frequency of cyber breaches. Be prepared for incidents with a copy of our Response & Recovery playbook below.

For most businesses, technology is the key to efficiency. But it does not come without risks. Is your business prepared to manage a cyberattack? ⬇️ Download our Cyber Business Interruption Playbook, and learn how to take a proactive approach to cyber business interruption. #cyberattack #cyber #cybersecurity #risk #technology #insurance #coverage #incidentresponse #riskassessment

Cyber risk mitigation is a top priority. Discover businesses' need for robust risk solutions in Munich Re's Global Cyber Risk and Insurance Survey 2024. https://ow.ly/tPBT50SyxGf #cyber #risk #insurance

Great listen for anyone in the insurance space. Risk Management is a vital topic for any organization, and Cyber being one of the fastest growing of those risks. Hear out William Gildea speak about KYNDs approach and how we are planning for the future of cyber insurance.

Business Interruption insurance is the least understood of the coverages found in most standard cyber insurance forms. Carriers use different language and the scope of coverage varies. This playbook is a good starting point to understand the coverage and how a business can prepare before a significant cyber event happens. Plan ahead, understand your coverage and be ready if you need to file a claim.

While Cybersecurity Insurance acts as a safety net, businesses must also focus on building cyber resilience. Discover RBS Insurance Brokers' essential tips for building your cyber resilience to protect your business from cyber-attacks. Don't let cyber insurance be a standalone product for your business but rather a part of your overall risk management strategy. Read more: https://zurl.co/Ovsb #CyberResilience #BusinessProtection #RBS

Cyber claims rose in 2023, but growth was slight given the number of cyber insurance policies in force, Marsh Europe said in a recent briefing on the cyber market. “There’s a general upward trajectory of claims, particularly since 2019, and we expect this trend to continue in 2024 and beyond,” said Salome Santos, product & claims leader at Marsh Europe, using data from its European clients to track cyber trends. But claims notifications are down significantly from a peak in 2021. Santos attributes this to advances in cyber risk management over the past two years. 👉https://ow.ly/ILwG50Sotlz #Cyber #CyberRisk Marsh