TechCrunch

JULY 8, 2022

Coalition, a San Francisco-based startup that combines cyber insurance and proactive cybersecurity tools, is preparing to expand outside of the U.S. This, Motta tells us, is a result of the booming cyber insurance market. for the first time following a mega $250 million Series F investment that takes its valuation to $5 billion.

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Tenable

JANUARY 26, 2024

1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? If so, you might want to check out a new guide published this week about how businesses can use AI securely. So says the U.K.

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TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

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TechCrunch

FEBRUARY 7, 2023

“The opportunity for entrepreneurs in real estate tech across search, listings, mortgage, insurance, construction and sustainability is the kind that shows up once a generation.” Cybersecurity teams, beware: The defender’s dilemma is a lie Image Credits: A. What’s wrong with the way they are currently solving this problem?

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TechCrunch

JUNE 3, 2022

Saket Modi is the co-founder and CEO of Safe Security, a cybersecurity and digital business risk quantification platform company. Today’s cybersecurity landscape requires an agile and data-driven risk management strategy to deal with the ever-expanding third-party attack surface. Saket Modi. Contributor. Share on Twitter.

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N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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CIO

FEBRUARY 20, 2024

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. The good news is that AI can be used to improve security. Used well, AI can also boost the security posture of healthcare organisations.

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CIO

JUNE 28, 2023

Zero Trust adoption is accelerating, with over half of organizations reporting they have adopted Zero Trust Security, according to research independently conducted by leading security research firm Ponemon Institute, sponsored by Hewlett Packard Enterprise. What’s driving the adoption of Zero Trust Security?

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TechCrunch

JANUARY 24, 2022

Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Founded two years ago, the company offers a way for small and medium businesses to secure insurance. Securing business insurance takes a big chunk of a broker’s day.

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Tenable

NOVEMBER 24, 2023

Uncle Sam wants your input on the latest version of the “Secure Software Development Attestation Form” that federal agencies will use to assess the security of software vendors. government will evaluate the security practices of its software vendors – and offer your two cents. In addition, there’s a new zero trust certification.

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CIO

DECEMBER 1, 2022

For over 130 years, Hastings Mutual Insurance Company has served and protected its clients throughout the Midwest. In its push to modernize, the regional insurance provider also believed updating its client viewing system to provide a more intuitive, user-friendly experience would benefit its customers and employees alike.

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CIO

JUNE 19, 2023

“The pandemic and the aging population and growing population really put very high stress on every healthcare system, and Atlantic Health was no exception,” says Sunil Dadlani, chief information and digital officer and chief cybersecurity officer at the New Jersey-based nonprofit healthcare network.

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Tenable

DECEMBER 29, 2023

The new year is upon us, and so we ponder the question: What cybersecurity trends will shape 2024? Their 2024 forecasts include: A bigger security role for cloud architects; a focus by ransomware gangs on OT systems in critical industries; an intensification of IAM attacks; and much more!

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CIO

JANUARY 19, 2024

According to Deep Instinct’s research , 75% of security professionals observed an increase in cyberattacks in 2023, with 85% of them attributing the rise to generative AI. Changes to social expectations surrounding privacy have led to individuals wanting transparency and security from the entities that collect and process our data.

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Tenable

JULY 26, 2023

Cyber insurance has become a necessity, and the cost and effort to obtain it can be considerable. Check out the invaluable advice from a panel of experts from the insurance, legal and cybersecurity fields. Cyber insurance has increased in popularity, going from a “nice to have” to a “must have” for many organizations.

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TechBeacon

OCTOBER 4, 2021

Boards of directors and top brass at companies sometimes look at cyber insurance as a way to plug gaps in their security schemes. That’s going to be a lot harder from now on because insurance companies have started tightening up their cybersecurity requirements for initiating and renewing policies.

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TechCrunch

MARCH 13, 2023

Mercury , a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer. invested in U.S.

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Tenable

JANUARY 12, 2024

Check out expert recommendations for deploying AI tools securely. In addition, cyber insurance demand is forecast to grow robustly. 1 - How to ensure AI helps, not hurts, cybersecurity How can organizations use artificial intelligence (AI) in a way that’s safe and that benefits cybersecurity? And much more!

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CIO

MAY 31, 2023

With the rise of generative AI, it was inevitable that it would become an unofficial subtheme of CSO’s Future of Cybersecurity Summit. More importantly for our CSO audience, the security aspects have also risen to the forefront. And yet it still very much fits in with the event’s official theme: smart choices in a fast-changing world.

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TechCrunch

MAY 16, 2023

The funding amount isn’t going to impress anyone as the company managed to secure $55 million. In addition to this traditional equity investment, Wefox also secured $55 million in a revolving credit facility from JP Morgan and Barclays. As a reminder, Wefox sells insurance products through in-house and external insurance brokers.

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Tenable

OCTOBER 2, 2023

Department of Homeland Security’s “Homeland Threat Assessment 2024” report? What’s with the surge in cyber insurance claims and what does ransomware have to do with it? We’ve got you covered in this week’s edition of the Tenable Cyber Watch, our weekly video news digest highlighting three cybersecurity topics that matter right now.

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CIO

AUGUST 10, 2023

CIOs have been sued for allegedly accepting kickbacks from companies that their home companies had contracted with, and for failing to secure data that resulted in a major data breach. But does your company have liability insurance for its executives? No, it does not. “D&O

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TechCrunch

AUGUST 4, 2022

Axio , a platform for cybersecurity risk evaluation, today announced the closure of a $23 million Series B round led by Temasek’s ISTARI, with participation from investors NFP Ventures, IA Capital Group and former BP CEO Bob Dudley. Image Credits: Axio.

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TechCrunch

SEPTEMBER 19, 2022

The Indian capital market regulator has moved Digit’s IPO application to “abeyance,” it said in what is a disappointing development for the online insurer’s plan to go public. Indian market regulator puts insurer Digit’s $440 million IPO in ‘abeyance’ by Manish Singh originally published on TechCrunch.

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TechCrunch

JANUARY 27, 2022

Four months after a seed round, Ascend is back with its first big boost to enable the company to expand its “buy now, pay later” commercial insurance tool that combines financing, collections and payables. Its technology revolves around payments APIs that automate end-to-end insurance payments.

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TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. While working with insurance companies they recognized how fast the insurance industry was modernizing, yet insurance sellers still struggled with customer experiences due to outdated payments processes.

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TechCrunch

FEBRUARY 2, 2021

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

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CIO

JUNE 22, 2023

There’s a demand for skills such as cybersecurity, cloud, IT project management, UX/UI design, change management, and business analysis. It’s an industry that handles critical, private, and sensitive data so there’s a consistent demand for cybersecurity and data professionals. Average salary: US$131,995 Increase since 2021: 0% 2.

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TechCrunch

MARCH 4, 2021

Insurance agents spend hours handling paperwork and grabbing client information over the phone. A new seed-stage startup, InsurGrid , has developed a software solution to help ease the process, and make it easier for agents to serve existing clients — and secure new ones. Image Credits: InsurGrid.

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TechCrunch

MAY 18, 2022

How many people have stuck with the same auto insurance provider because the process of finding a new one feels overwhelming and painful? Trellis says it has built an API platform that lets consumers shop for car insurance policies by offering side-by-side comparisons, a way to buy a new plan and cancel their old plan — all at once.

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TechCrunch

MARCH 7, 2023

All said, Assured Allies joins with insurtech companies around the world that did manage to secure some decent funding recently, including Equisoft , Naked Insurance , Turaco and Acko. It has been proven to reduce the cost of long-term insurance claims by roughly 20%, Nahir told TechCrunch. Akilia Partners and Samsung Next.

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TechTalk

JUNE 28, 2021

It was one of the most visibly disruptive cybersecurity incidents in American history. The post Cybersecurity News Roundup: Major Infrastructure Cyberattack, ‘Catastrophic’ Ransomware Incident, Big Insurer Hacked first appeared on GFI Blog. The pipeline running from Texas to New York was attacked by the hacker group, DarkSide.

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Kaseya

DECEMBER 16, 2021

insurance giant, CNA Financial Corporation, was attacked by the ransomware group Phoenix and ended up paying a ransom of $40 million. Most small and medium businesses (SMBs) today depend on MSPs like you for security solutions — and it isn’t difficult to understand why. Is cyber liability insurance beneficial for MSPs?

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Infinidat

MARCH 7, 2024

Cybersecurity Regulations and Reporting in USA and EU Adriana Andronescu Thu, 03/07/2024 - 05:28 In 2024, businesses are coming under tighter compliance and cybersecurity reporting by government bodies in both the USA and EU countries. added to the 8-K, to disclose any cybersecurity incident. There is a new item 1.05

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Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. This kind of intelligence proves the noble purpose of insurance.”

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Tenable

SEPTEMBER 22, 2023

Department of Homeland Security in its “ Homeland Threat Assessment 2024 ” report. Insurance provider Coalition said in its “ 2023 Cyber Claims Report: Mid-year Update ” that cyber claims rose 12% in the first half of 2023 compared with the second half of 2022, a surge driven primarily by ransomware attacks. So says the U.S.

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Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Lowering costs related to physical storage and information retrieval.

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