Proactive Agents Employ Cyber-Risk Assessments to Write More Business

Proactive Agents Employ Cyber-Risk Assessments to Write More Business A recent survey found that 82% of global insurers expect rises in cyber premiums to continue for 2 years, due to their inability to accurately understand a customer’s security posture. 87% of insurers "want a consistent approach to analyzing cyber risk,...

BEN FRANKLIN: Cyber visionary

A Lesson from Ben Franklin on Cyber-Protection Ben Franklin is famous for pithy wisdom, and one of his most famous sayings is: “An ounce of prevention is worth a pound of cure.” In colonial America, the biggest threat to life and property, aside from disease, was the risk of fire,...

When does MFA require F2A?

When does MFA require F2A? It's tough to find a cyber insurer today who does not require their insureds to deploy multi-factor authentication (aka MFA) across their organization. It’s a fairly well-understood concept to most agents that it's now a “No-MFA, No Play” game, and the absence of a positive...

808 Podcast Hosts TEKRiSQ’s Bill Haber

808 Podcast: Bill Haber of TEKRiSQ spells out cyber risk in 8 minutes, 8 seconds   https://808podcast.com/808-podcasts/310-bill-haber-tekrisq-2/

Alabama Data Breach Law

Alabama Insurance Agency Regulations: Alabama Dept. Of Insurance Data Security Program Requirements Producers & Licensee Data Security Obligations Alabama Definition of Information Security Program (more…)

5 Unpopular Predictions for Cyber Insurers in 2022

5 Unpopular Predictions for 2022 Cyber Insurers Should Innovate or Expect a Brutal Year As the crazy rollercoaster ride of 2021's cyber insurance market comes to a close, many diverse end-of-year predictions are being published. TEKRiSQ's data-driven observations from numerous real-world client conversations predict more of the same... and then...

Business Owners Remain Overconfident About Cyber Threats

There is an issue we have seen time and time again - business owners do not understand or appreciate their cyber risk and they remain overconfident about their ransomware risks.   According to a recent article citing an Embroker report published in Carrier Management, business owners remain” vastly overconfident about both...

Property Casualty 360: TEKRiSQ’s 5 Myths About Insuring Cyber Risks

Do you know these five myths about insuring cyber risks? By Dean Mechlowitz | October 07, 2021 at 12:00 AM Independent agents and brokers serving small and medium-sized businesses (SMBs) must keep up with twists and turns in cyber risk and cyber insurance. If they don’t, their clients and prospects can turn to “do it yourself”...

AI vs IA

AI v IA: Which Serves the Needs of Cyber Insurance Now? Artificial Intelligence (AI) has the potential to impact every industry, and numerous InsurTech startups want to solve industry problems with it. These are ambitious goals that can be very effective with mature volumes of industry data. AI applications are...

RED ALERT: Doing Business in CALIFORNIA? CCPA is Here to Stay

Bill Haber | CO-Founder  Having recently returned from a trip The Golden State, there is so much to admire about its beauty, weather, and innovative leadership. There are also some well-known tradeoffs that Californians are discussing with increased frequency. We know its residents are well-accustomed to life in a state...