Bryan Falchuk’s Post

Trent Cooksley, Co-Founder & COO of Cowbell Cyber, shares how they’ve done the risk scoring and modeling based on their own data and third party, external data, but they’ve built the models themselves. This allows them to take their own view on over 32 million businesses in the US that they are continuously monitoring. It also allows them the ability to build a vertically integrated model that works off the same data so each piece of the puzzle can be aligned. Watch the clip at https://lnkd.in/eapyuTws and catch the full episode at https://lnkd.in/eBVWvtet #futureofinsurance #insurtech #insurance #podcast

Trent Cooksley, Co-Founder & COO of Cowbell Cyber, shares the new way the market thinks about being a carrier and the different capital models insurers can leverage, whether that means being an MGA, MGU, full stack carrier or something else. There is no single answer because the risks and markets are different in each case. He does think over time, more organizations will move to take on more risk. Watch the clip at https://lnkd.in/ekrVfWBk and catch the full episode at https://lnkd.in/eBVWvtet #futureofinsurance #insurtech #insurance #podcast

Trent Cooksley, Co-Founder & COO of Cowbell Cyber, talks about why there is a cohort of InsurTech startups focused on the space. Cyber is a big opportunity with a lot of complexity, so there is room for a lot of innovative activity to find a better way to address that opportunity. Unlike Property CAT risk, where the risk doesn’t change overnight, Cyber CAT risk is changing almost daily, meaning you need ways to take in new insights and be able to change rapidly to survive. Watch the clip at https://lnkd.in/eRpGPjRD and catch the full episode at https://lnkd.in/eBVWvtet #futureofinsurance #insurtech #insurance #podcast

RIMS sneak peak 👇 *Key risks in AI use: - Models vulnerable to cyber attacks and tampering by threat actors - Misuse or breach of vast AI-collected data - Inherent bias in model training - Plagiarism - Deep fakes - Loss of quality control with vendors - Compliance regulations across multiple jurisdictions 👉Sound risk management and strong cybersecurity practices form a solid foundation for AI use.

HATERS GONNA HATE, FITCH IS GONNA RATE! An upcoming report from Fitch Ratings highlights the continued profitability of the market for #CyberInsurance, refuting the naysayers who have doubted the sustainability of this product. In this episode, David explains how businesses can take advantage of these favorable market conditions to obtain better pricing and coverage terms. THE CYBER INSURANCE IMPERATIVE with David Finz. Season 5: Episode 19 Listen on Spotify: https://lnkd.in/eE8__QYT Listen on Apple Podcasts: https://lnkd.in/eCyYVAnA Watch on YouTube (closed captioning available): Link below SUPPORT THIS PODCAST! Follow on Spotify and subscribe on YouTube #CyberRisk #RiskAssessment #CyberSecurity #TheMoreRewardingWay

On this episode of The Insuring Cyber Podcast, Coterie Insurance Founder and CEO David McFarland discussed Coterie's October announcement that the InsurTech is now offering cyber insurance on its platform through a new partnership with Berkley Re Solutions and TransUnion. He discussed how this fits into the company's growth strategy for next year, and the company's focus on the small business space - particularly micro small businesses, which he described as mom and pop shops with sometimes just five or 10 employees. Check it out!

Insights from our half-day cyber seminar are the main topic of discussion on the latest Insurance News podcast. #InsuranceNews #INsightPodcast #CyberSeminar #InsuranceInsights

On this episode of the Insuring #Cyber Podcast from Carrier Management and Insurance Journal, Guy Carpenter’s Matthew McCabe, Managing Director, Cyber Center of Excellence, says he anticipates a 3-party system emerging between insurers, policyholders, and the federal government. Listen here. #insurance #risk

WHAT'S AHEAD FOR CYBER CLAIMS? In this episode, David identifies three trends to watch for in the world of cyber #Claims in the coming year, touching upon regulatory actions, dependent business interruption, and the thorny issue of insurers alleging misrepresentation in the renewal application as a basis for denying #Coverage. THE CYBER INSURANCE IMPERATIVE with David Finz. Season 6: Episode 16 Watch and listen on Spotify: https://lnkd.in/eKcrNF4F Listen on Apple Podcasts (audio only): https://lnkd.in/eFmkdUDz SUPPORT THIS PODCAST! Follow on Spotify to stay up to date with new content! #PrivacyLaw #TPRM #CyberInsurance #TheMoreRewardingWay

Right now is an exciting time for captive insurance, especially here at Marsh as we constantly push boundaries and develop innovative solutions for clients' risks and business priorities. Earlier in the year we launched ReadyCell, and more recently we launched Edgware Re - a one-of-a-kind cyber-only group captive. Learn more from our captive and cyber leadership team on this short podcast. #MarshCaptiveSolutions #cyberrisk