CYBER INSURANCE: A GROWING IMPERATIVE

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Historically, many organizations believed that their existing insurance policies — general liability, commercial property or business interruption, among others — would cover them in case of a cyber breach. This is often no longer the case. A key turning point in public perception came after a recent high-profile cyber-attack on a major media company. The firm’s general liability underwriter went to court and successfully got a preemptive ruling establishing that the breach was not a covered incident. This proved to be a wake-up call for many businesses.

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HMK Insurance

We are a full-service insurance agency providing business, personal and group benefits insurances for individuals, families and companies. Founded in 1914, we have grown with the Lehigh Valley area to now insure thousands of businesses and individuals. We are a founding member of The Alera Group and pride ourselves in our industry knowledge and exceptional customer service.

OTHER ARTICLES

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Article | February 19, 2020

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Article | February 19, 2020

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5 Deep Learning Use Cases for the Insurance Industry

Article | February 19, 2020

In 2010, with the launch of the Image Net Competition, a vast dataset of about 14 million labeled images was made open-source to inspire the development of cutting-edge image classifiers. This was when Deep Learning technology got it’s a real breakthrough and since then there’s been no looking back for advancements in this field.

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Claims - the final frontier for insurtechs

Article | February 19, 2020

What is the insurtech difference when it comes to claims? Jonathan Swift mulls on how the Next Generation is starting to figure this out “The claims experience is really critical to our brand and making sure that customers are saying Digital Risks is who I am insured with. Whilst others struggle with that, we want to be a case that if you have a claim it is Digital Risks who you are dealing with.” This sentiment is interesting because there has perhaps been an – incorrect – assumption that insurtechs are really only focused on acquiring customers by making it as simple as possible.

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Spotlight

HMK Insurance

We are a full-service insurance agency providing business, personal and group benefits insurances for individuals, families and companies. Founded in 1914, we have grown with the Lehigh Valley area to now insure thousands of businesses and individuals. We are a founding member of The Alera Group and pride ourselves in our industry knowledge and exceptional customer service.

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