Month: May 2021

The Importance of a Cyber Insurance Policy

Over the course of the past decade, many organizations have relied on standard property and liability coverage rather than a standalone cyber insurance policy to provide protection for cyber incidents. However, as digital threats continue to advance—contributing to a significant surge in both the cost and frequency of cyberattacks across industry lines—neglecting to purchase a …

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The Impact of Telematics on Commercial Auto Insurance

Telematics is reshaping the auto insurance industry, which is now starting to use driving behavior instead of demographics to calculate auto insurance premiums. Telematics is a form of vehicle software that combines the features of telecommunications and informatics. This software connects to telematics devices installed in vehicles, including GPS technology, sensors, mobile applications, dashcams and …

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