Cyber Insurance Blog

When CrowdStrike’s faulty software update triggered widespread disruptions in July 2024, businesses worldwide experienced system outages, with airlines canceling thousands of flights and hospitals delaying procedures. The fallout soon reached the boardroom, as shareholders questioned whether company leadership had adequately overseen technology-related risks. Similar questions have followed other high-profile cyber incidents. The Ticketmaster breach highlighted the risks associated with third-party…

The emergence and adoption of generative artificial intelligence (AI) is rapidly reshaping almost every field. Directors and Officers (D&O) Insurance is no exception. What is D&O Insurance? It’s the specialized liability policy protecting company leaders from personal financial losses in the event they are sued for alleged wrongful acts, mismanagement, or breaches of fiduciary duty while performing their duties. AI…

An accounting manager receives a call from someone who sounds exactly like the company’s CFO requesting an urgent wire transfer to finalize a transaction before the end of the day. The request seems legitimate, and the voice is unmistakable. The payment is approved before anyone realizes the call was generated using artificial intelligence. Incidents like this are becoming more common…

 The Crowdstrike outage in July 2024 and the Amazon Web Services (AWS) outage in October 2025 demonstrate the risk organizations run when they rely on third-party systems. Providers like Crowdstrike and AWS make many highly technical, highly necessary services—cyber security, website hosting, data storage and backup, and so on—available and affordable. But because today’s interconnected world counts so much…

The decisions that lead to employment claims rarely feel controversial at the time. A manager terminates an underperformer. An employee is passed over for promotion, or receives a write-up soon after raising a complaint. Later, it may result in an employment claim. For brokers advising employers, Employment Practices Liability Insurance addresses this ongoing exposure. In FY 2024, the Equal Employment…

Every day, businesses around the world make decisions that will affect their ability to bounce back from a cyber incident. For brokers advising clients on cyber risk, data backup is one of the first practical controls to review as part of a broader data protection strategy. Without it, even a routine breach can quickly turn into a major claim. The…