<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Coalition, a full-stack cyber insurer, has rolled out Coalition Insurance Company's cyber insurance product across the US.
      </p>
    </li>
    <li>
      <p>
        This initiative allows Coalition to offer cyber insurance nationwide, aiding businesses in managing online risks with insurance and cybersecurity tools.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.businesswire.com/news/home/20240328331733/en/Coalition-Insurance-Company-Now-Quoting-in-All-50-U.S.-States-and-D.C">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


Cyber Insurance

<div>
 
 <p>Coalition, a cyber insurer, has launched the cyber insurance product of Coalition Insurance Company across the US. This move permits Coalition to provide cyber insurance all over the nation, helping businesses address online risks using insurance and cybersecurity tools.</p>
 
</div>

Coalition Insurance rolls out its insurance product across the US

PROMINENT_CATEGORY

<div>
 <p>Resilience, a managing general agent for cyber insurance, has introduced technology errors and omissions (E&amp;O) coverage. This new product is designed to aid clients in mitigating and covering liability from technology products, and will be offered alongside the company's existing cyber insurance portfolio.</p>
 <p>Organizations that generate between USD 300 million and USD 10 billion in revenue will be eligible for the coverage. The insurance limits will provide up to USD 10 million in both primary and excess coverage.</p>
</div>

Resilience launches tech E&O coverage

<div>
 
 <p>KYND, a startup that specializes in cyber risk management and ratings, recently introduced a new exposure management solution. This innovative tool enables cyber insurers to assess their risk exposure across all their portfolios.</p>
 <p>This solution combines aggregation risk insights and custom cyber disaster scenarios. Therefore, it provides insurers with an effective way to analyze and control accumulation and catastrophe exposure within their portfolio.</p>
 
</div>

KYND launches exposure management tool for cyber insurers

ANALYST_QUICK_TAKE

<div>
 <p>Bitsight has introduced a new integrated platform for handling third-party risk. This platform plans to protect the digital supply chain by combining continuous monitoring with vendor risk management.</p>
 <p>Included in the new platform are features such as assessment of vendor health, supervision of vendor onboarding, monitoring of vendor security practices, and response to security incidents. These features are all available from a single dashboard.</p>
 <p>Bitsight argues that businesses using their new solution can anticipate considerable returns. These returns include up to 3x the return on investment in just six months, a 50% reduction in the time spent monitoring vendors, and a 75% decrease in the time needed to onboard vendors.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> As cyber regulations become more stringent globally, security and risk teams are under increasing pressure to find efficiencies amidst growing cyber reporting and compliance requirements. BitSight’s new integrated solution is designed to help security teams navigate such complex regulatory landscapes.</p>

Bitsight launches integrated third-party risk management solution

<div>
 <p>The London-based specialty insurer, Beazley, has introduced a new integrated cyber risk management company, Beazley Security. This comes after the merger of its in-house cyber services team with its wholly owned cybersecurity subsidiary, Lodestone.</p>
 <p>The new company combines the risk management services offered alongside its cyber insurance policies with Lodestone’s cybersecurity services. This includes capabilities such as managed extended detection and response (MXDR).</p>
 <p>Beazley Security's leadership will fall under the direction of Alton Kizziah, the current CEO of Lodestone. Kizziah will report to Paul Bantick, who holds the position of Beazley’s head of global cyber risks.</p>

</div>

Beazley launches cyber risk management firm

<div>
 <p>Resilience, a cyber risk management specialist, has acquired incident response company BreachQuest for an undisclosed amount. </p>
 <p>BreachQuest provides an incident response platform, Priori, which integrates with cloud office systems. The platform is designed to promptly collect and analyze incident data. This enables responders to quickly determine the details of a cyber breach, in turn helping to reduce the time taken to contain the breach and minimize its overall cost.</p>
 <p>Alongside its cyber insurance claims management team, Resilience plans to utilize the capabilities of BreachQuest. This will help enhance their cyber incident response ability, particularly in business email compromise (BEC) scenarios.</p>
 
</div>

Resilience acquires BreachQuest to bolster cyber risk management capabilities

<div>

<p>Cyber insurance company At-Bay has joined forces with detection and response specialist CrowdStrike. They've utilized CrowdStrike's Falcon platform to launch their At-Bay Stance managed detection and response (MDR) platform. The Stance platform, which was made generally available in October 2023, offers various MDR features to assist small and medium businesses (SMBs) in protecting their operations.</p>

</div>

At-Bay partners with CrowdStrike to power MDR solution

<div>
 <p>SecurityScorecard, a cyber risk management company, has launched a new service titled SecurityScorecard MAX. This managed service aims to minimize cyber supply chain risk by monitoring third-party vendors. Its operations are based on a partner-based franchise model. This new structure enables partners to utilize the MAX engine to improve risk identification and management of vulnerabilities for enterprise clients.</p>
</div>

SecurityScorecard launches cyber risk management service

<div>
 
<p>Cyber insurance company, Resilience, has broadened its cyber coverage offerings to firms with revenues of up to USD 10 billion annually. The company now provides up to GBP 10 million (~USD 12.3 million) in insurance coverage.</p>

</div>

Resilience expands cyber risk coverage to companies with USD 10 billion in revenue

INCUMBENTS_PRESENT

<div>
 
 <p>BOXX, a cyber insurance provider, collaborated with AXA insurance group to create a cyber risk mitigation tool for small businesses. The tool aims to foresee and deter cyber threats. It assesses companies based on their cyber risk standing by examining their external attack surfaces and offers digital risk evaluations and cyber awareness training. It also provides immediate guidance in the event of a cyber attack.</p>
 
</div>

All Updates

Coalition Insurance rolls out its insurance product across the US

Resilience launches tech E&O coverage

KYND launches exposure management tool for cyber insurers

Bitsight launches integrated third-party risk management solution

Beazley launches cyber risk management firm

Resilience acquires BreachQuest to bolster cyber risk management capabilities

At-Bay partners with CrowdStrike to power MDR solution

SecurityScorecard launches cyber risk management service

Resilience expands cyber risk coverage to companies with USD 10 billion in revenue

BOXX launches small business cyber risk mitigation solution with AXA

Cyber Insurance

Coalition Insurance rolls out its insurance product across the US

Contact us