Jack Vines III’s Post

Are you sure you're covered? Have you read through your CyberInsurance Policy lately? We did, and see what we found... #CAREReport #CyberInsurance #CARE #businessinterruption

Did you make it through the cyber insurance squeeze? Facing challenges like securing new policies, dealing with non-renewals, experiencing premium increases, and navigating additional exclusions, the stance of cyber insurance underwriters has tightened significantly. In our latest blog entry written by Zack Hoffman, we delve into the reasons behind the surge in premiums and the growing difficulty in acquiring coverage. Furthermore, we offer advice on how to enhance your insurability with insurers. https://gag.gl/JvFRkS #cyberinsurance #mdr #cybermaxx

Demand for cyber insurance is up, insurers have made strides in clarifying policy coverage and exclusions, improving risk managers’ understanding of product value and helping insurers better manage costs and rate stability.” Do you have anyone to share your organization’s cybersecurity strategy and details of its security controls with insurance brokers or carriers? #cyberinsurance

The Marsh McLennan and Zurich report highlights the need for stronger public-private partnerships to address the growing gap in cyber insurance coverage. It emphasizes collaboration between the insurance industry and governments to enhance resilience and mitigate risks from large-scale cyber events.

The Marsh McLennan and Zurich report highlights the need for stronger public-private partnerships to address the growing gap in cyber insurance coverage. It emphasizes collaboration between the insurance industry and governments to enhance resilience and mitigate risks from large-scale cyber events.

Did you make it through the cyber insurance squeeze? Facing challenges from securing new policies and facing non-renewals to increased premiums and additional exclusions, the criteria for cyber insurance underwriters have tightened significantly. In our latest blog entry, written by Zack Hoffman, we delve into the reasons behind the surge in premiums and the growing difficulty in securing coverage. We also offer advice on how to improve your attractiveness to underwriters. https://gag.gl/JvFRkS #cyberinsurance #mdr #cybermaxx

The Marsh McLennan and Zurich report highlights the need for stronger public-private partnerships to address the growing gap in cyber insurance coverage. It emphasizes collaboration between the insurance industry and governments to enhance resilience and mitigate risks from large-scale cyber events.

Did you make it through the cyber insurance squeeze? Facing challenges from securing new policies and facing non-renewals to experiencing premium increases and additional exclusions, underwriters of cyber insurance have tightened their policy requirements significantly. In our latest blog entry, written by Zack Hoffman, we delve into the reasons behind the surge in premiums and why obtaining coverage has become more difficult. We also offer advice on how to enhance your attractiveness to underwriters. https://gag.gl/JvFRkS #cyberinsurance #mdr #cybermaxx

Hope everyone enjoyed time with family and friends during Thanksgiving 2024! This article was emailed by one of our MSP's to a team member this weekend. It was titled: "Cyber Insurers are Cutting Out the MSP Middleman". https://lnkd.in/gka_CxxK. A couple of interesting takeaways as it reiterates the conversations we have had with clients for over a year now: 1) Certain insurance companies probably want your MSP business because of the trust factor. 2) Certain insurance companies probably want your MSSP business to control the controllables. If an MSP has our TechMal Cyber Liability Errors & Omissions Insurance Policy + your client has our CyberBreach Cyber Liability/Cyber Crime Insurance Policy, this threat goes away. Keep your MSP + MSSP business. Take it one step further and become DFIR certified by Mossé Cyber Security Institute (techrug makes no money as we are not in the certification business😉) and now your organization will be added to the panel list of our Lloyd's of London syndicate as an approved Incident Response, Forensic Investigating and Post Breach Remediation vendor.

The low take-up of cyber insurance in the Canadian market is shocking. Have the headlines not taught us the very real exposure ALL businesses have to cyber attacks? If you are a business owner, you need cyber insurance, it's that simple. #cyber #schillinsurance