Understanding Business Interruption Risk
Determining the appropriate coverage limit for both business interruption (BI) and contingent business interruption (CBI)
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Navigating Cyber Insurance Renewals for Retail Brokers: Strategies for Success in a Shifting Market Landscape
With cyber threats like Scattered Spider continuing to pose significant risks to businesses, cyber insurance is a crucial component of risk management. January renewals are upcoming, and this article provides some strategies for retailers to guide their clients through the renewal process in this current softening market.
Soft Market Renewals
Selling Cyber Insurance to Businesses: A Retailer's Guide
In today's digital age, businesses are increasingly reliant on technology and the internet for their operations. While this has brought numerous advantages, it has also exposed them to a growing risk: cyberattacks. The frequency and sophistication of cyber threats continue to rise, causing significant financial and reputational damage
The Hidden Costs of a Cyber Attack: Why Cyber Insurance is Worth the Investment
In today's interconnected world, cyber attacks are becoming increasingly common and sophisticated. Cyber criminals are constantly finding new ways to breach systems and steal sensitive data, and the consequences of a successful attack can be devastating.
Many businesses assume that they are not at risk of a cyber
Octo Tempest and the Scattered Spider Threat: Unraveling the Web of Cybersecurity Vulnerabilities
In the ever-evolving landscape of cyber threats, one adversary has recently taken center stage – Octo Tempest, a notorious hacking group operating under the ominous alias Scattered Spider. The group's modus operandi, initially focused on SIM swapping and cryptocurrency fraud, has evolved into a more sinister game of cyber
Embracing Cybersecurity Awareness Month: Celebrating Best Practices for a Safer Digital World
October is the official month for cyber security awareness! This is an ideal time to not only enjoy the usual fall festivities but also to explore the actionable ways we can encourage insureds to prioritize the habits, routines, and solutions that best contribute to an overall good cybersecurity posture.
Conduct
A Critical Market Update: Navigating the Evolving Landscape of Cyber Risks
In our tech-driven world, cyberattacks pose a significant threat to businesses of all sizes. Cyber insurance is one of the most effective methods to mitigate the financial impact of a cyber attack. In this article, we'll explore the current world of cyber risks, the various ways cyber threats