Cyber Insurance

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U.S. strikes 3 nuclear sites in Iran: What rising retaliation risk means for insurers
CNBC Television· 2025-06-23 00:12
Let's talk about another economic side of the story and that is risk that is insurance because insurers everywhere are no doubt trying to figure out how to price in risk that exists and risk that may exist or may not in 3 6 12 months. Contessa Bur covers insurers here for us at CNBC and joins us now with this side of the story. So, Brian Morgan, what I heard from the head of aviation and marine for Lloyd's Market Association told me that ships already are notifying their insurers of their planned transit th ...
CISO Global brings AI to $50 Billion Insurance Market with Cyber Assurance Group Strategic Partnership to Deliver Innovative Cyber Technology and Insurance Solutions
Newsfilter· 2025-04-17 12:30
Core Insights - CISO Global has announced a strategic partnership with Cyber Assurance Group to launch CyberSimple, a solution aimed at providing cybersecurity and financial protection specifically for small and medium-sized businesses (SMBs) [1][4] - The CyberSimple offering combines advanced cybersecurity measures with accessible cyber insurance, addressing the gap in protection for SMBs that often lack adequate resources [2][4] Company Overview - CISO Global is a leader in AI-powered cybersecurity software and compliance services, headquartered in Scottsdale, Arizona [5] - The company’s CHECKLIGHT® platform offers 24/7 protection against advanced cyber threats, including zero-day attacks, and is designed to be affordable for SMBs [3][5] Market Context - The global cyber insurance market is projected to exceed $50 billion by 2030, with a compound annual growth rate (CAGR) of 25%, driven by increasing cyber threats and regulatory pressures [4] - There is a growing demand for integrated solutions like CyberSimple, which provide both cybersecurity and financial coverage for SMBs [4] Product Details - CyberSimple includes CHECKLIGHT®, which is an AI-powered endpoint detection and response (EDR) platform that offers continuous protection [3] - The solution is tailored to meet the specific needs of SMBs, making it simple and affordable [3]