Guidewire Software’s Post

As we know, the rapidly changing landscape of IT is ever-evolving and will always present a myriad of challenges and opportunities. One significant change that is poised to shape the future is the transformation of cyber insurance. In a Technology First blog post, Seth Marsh of TMG shares the changing dynamics of cyber insurance in 2024 and how the effects of these changes will impact organizations of all sizes. Read his analysis here: https://lnkd.in/gG-6BFMi #WednesdayWisdom #UniteDaytonTech #connectstrengthenchampion

Thank you, Technology First , Always happy to share information that we run into... this topic, Cyber Insurance, is foremost in the mind of all organizations... terms, conditions, coverage...all these changes... Just like the changing landscape of technology, the insurance industry is struggling to keep up with the evolving landscape... to the point where for some it will be out of reach...just a sneak peek at what is below!

Melanie Padron, AIS, AINS Padron from IT ArchiTeks, LLC. talks about how achieving a high level of security maturity within a business while maintaining a medium to low level of operational maturity is challenging. Watch the full show about Cyber Insurance, Small Businesses, and MSPs in 2024 here:  https://lnkd.in/gRjfZd4D

According to CyberCube's cyber catastrophe model and industry exposure database, the CrowdOut event is a major event for the cyber insurance market but does not come close to the destructive potential that leading insurers are holding capital against. Read more here: https://lnkd.in/ebCtqnaS #CrowdOut #CrowdStrike

Meike Röllecke, Head of Cyber and Financial Lines at HDI Global SE, highlights the ongoing challenge in accurately identifying systemic cyber scenarios. The reliance on assumptions persists as insurers often lack sufficient client information. While the industry has faced significant cyber challenges, including zero vulnerabilities and ransomware attacks, Röllecke suggests a seismic impact is yet to be witnessed. Read the full interview here: https://lnkd.in/eWMPcPRb #HDIGlobal #WeAreHDI #PartnerInTransformation #CyberInsurance

For societies, industries and companies, large scale cyber attacks are a fundamental systemic risk. Our very own Meike has shared her thoughts with the Intelligent Insurer and will discuss with colleagues at the upcoming panel. Have a look if you are interested in Cyber risks.

There isn’t a more dynamic or fast-paced part of the insurance industry than cyber. While that gives providers a chance to innovate, it also means the bar is continually moving.  This year’s winners of Insurance Business America’s 5-Star Cyber 2024 stood out for empowering brokers with tools to understand the risk better and showcase their expertise and stability to clients. Read the full report and meet the firms at the leading edge diligently protecting clients in a rapidly changing landscape. https://hubs.la/Q02ymN8Z0

Munich Re Specialty’s Maria Long will be speaking alongside other expert panelists at NetDiligence® Cyber Risk Summit. 🤖 Join Maria on October 1 at 1:45 PM EST as she shares her insights on navigating privacy risks as artificial intelligence changes the cyber landscape. Learn more about our cyber insurance solutions: https://lnkd.in/eFN4Qtm4 #CyberRiskSummit #CyberInsurance

SA's Most Informative Customer Experience & Customer Service Magazine. In today's digital landscape, protecting your business isn't just about defense—it's about resilience. Cyber insurance offers crucial financial protection, enabling businesses to recover swiftly from cyber incidents. https://nuel.ink/4pOxuV #CSS2024JHB #CustomerExperience #CyberInsurance

"Shield your digital realm with Cyber Insurance. In an era where data breaches are battles, arm your business with the ultimate defense. 💼 Contact us today: info@lamdabroking.com | (+972) 77-444-7055" #CyberInsurance #DataSecurity #businessprotection