10 costs your cyber insurance policy may not cover (unless it’s with Coalition)

Published on by Joshua J. Motta.

Dark Reading, long one of the most widely-read cyber security news sites on the web, recently ran a story warning of the “10 Costs Your Cyber Insurance Policy May Not Cover.” We noticed this as well. Most cyber insurance policies simply do not cover many of the real-world risk exposures companies face as they embrace technology (and all of its consequences). This is one of the reasons why…

Is it covered? Spectre and Meltdown

Published on by Joshua J. Motta.

In this installment of our blog we ask the age-old insurance question: Is it covered? As you may have read in our last post, two major security flaws were recently discovered in the processors that power nearly all of the world’s computers. The two techniques discovered to exploit these flaws, nicknamed Meltdown and Spectre, could allow hackers to steal data and secrets from any vulnerable computer, including…

Cyber meltdown and the spectre of uninsurable risk

Published on by Joshua J. Motta.

It’s been an awfully eventful start to the New Year. In case you’ve missed the news, two major security flaws have been discovered in the processors that power nearly all of the world’s computers. The two techniques discovered to exploit these flaws, nicknamed Meltdown and Spectre, could allow hackers to steal data and secrets from any vulnerable computer, including mobile devices. Because the flaws are…

Insuring Insurance Insures

Published on by Catherine Lyle.

Out of service. Under repair. Broken. It’s a frustrating message to encounter. But far more frustrating is when something works, though not in the way we know it could. Without an obvious problem, there is no immediate fix or resolution. Instead, we carry on with the status quo and settle for the unremarkable. Welcome to insurance Insurance was introduced in the United States in the 1700s and,…

Why I joined Coalition

Published on by Shawn Ram.

It may feel like an oxymoron, but innovation in insurance is possible. I’ve built my career on this belief as the leader of the Technology Practices at Aon and Crystal & Company. However, with few exceptions, “innovation” and “insurance” are rarely found in the same sentence. In an industry characterized by conservatism, discipline, and a natural aversion to risk, this belief has helped me to push the…