The cyber response business officially integrate its security and MGA business under one banner, and will use Series A extension funding to enhance IR-1 solution.
India's largest health insurer had already acknowledged breach and reported it to authorities, but 7.24 terabytes of customer data has now been put up for sale.
The application of AI can allow benefits including hyper-personalisation of products, but guardrails are key, experts said during an SAP Fioneer webinar.
The specialised practice aims to tackle the increasing challenges of cyber liability, regulatory scrutiny, and data governance for technology companies.
Marsh, Zurich whitepaper outline three-part plan to expand cyber coverage by strengthening resilience, quantifying cat risks, and increasing public-private partnerships.
Sector has experienced its most significant market shift since 2017, marked by increased insurer choice and improved conditions for buyers, broker said.
Insurer and digital bank strengthen bancassurance partnership, providing GXBank's customers with up to MYR20k (US$4.6k) coverage for unauthorised electronic transactions.