cyber risk model News

Insurer Spots Cybersecurity Weakness With Model Simulating Catastrophic Attacks

Coalition Inc., a cyber-insurance provider that tries to curb digital risk, has designed technology that simulates large-scale attacks to help insurers identify potential weaknesses in their portfolios and prevent widespread losses. The San Francisco-based company’s model measures cyber risks in …

Business News: Progressive, Doan Group, Verisk, Penn National and One Inc.

Progressive Adds ‘Road Test’ to Snapshot Progressive Group of Insurance Companies has released a new smart phone app that consumers can use to learn before they purchase a policy whether they can save money by purchasing usage-based insurance. “With Snapshot …

Business News

AIR Releases Industry’s First Open Source Cyber Scenario Catastrophe modeling firm AIR Worldwide announced it has released the industry’s first open source deterministic cyber risk scenario. AIR plans to release a series of deterministic cyber scenarios over the next 12 …

Business News

XL Catlin Unveils Workplace Violence Coverage for US Businesses XL Catlin announced a new insurance policy to help mid-size companies in the US respond and recover from such incidents. The Occupational Health and Safety Administration (OSHA) estimates that nearly 2 …