Cyber Breach Insights Key Drivers Behind Cyber Insurance Claims

| March 29, 2018

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Law firm Clyde & Co and risk analytics platform Corax have collaborated to bring you a joint white paper identifying the key drivers of frequency and cost for cyber insurance claims. This paper moves beyond major breaches to examine the day to day breaches that most businesses are experiencing. Unlike other breach reports, this paper tracks each invoiced cost or loss amount associated with a covered breach event.

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Unum

Unum is a company of people serving people. A Fortune 500 company, Unum is a market leader in disability, group life, and voluntary benefits. Our products and services meet the needs of a diverse workforce that includes four generations, growing ethnic diversity and changing family dynamics.

OTHER ARTICLES

Business insurance coverage in the COVID-19 era

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10 Most Impactful AI-based Insurance Innovations of 2019

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8 Types of Business Insurance Your Company Should Consider Having

Article | February 26, 2020

Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they're not prepared. The cost of an unexpected event can be substantial. Hiscox quotes a 2014 study of small business owners, saying the average cost to defend and settle an employee lawsuit was $160,000. Employment litigation is just one type of risk your small business may face.

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What Will My General Liability Insurance Cover?

Article | March 26, 2020

General liability insurance is one of the most important types of insurance you can buy to protect your business. It is a broad type of coverage that provides protection against general risks. General liability coverage protects you from third-party claims made against your business, such as bodily injury and property damage. It does not cover workplace injuries sustained by your employees – those are covered under workers’ compensation insurance.

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Spotlight

Unum

Unum is a company of people serving people. A Fortune 500 company, Unum is a market leader in disability, group life, and voluntary benefits. Our products and services meet the needs of a diverse workforce that includes four generations, growing ethnic diversity and changing family dynamics.

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