Cybersecurity

The Vienna Insurance Group has taken a significant step in the cybersecurity landscape by launching CyRiSo, a specialist cybersecurity firm. What sets CyRiSo apart is its dedicated focus on small and medium-sized enterprises (SMEs), offering them tailored solutions to combat cyber threats. Led by

The latest Hiscox Cyber Readiness Report paints a concerning picture of the escalating cyber threats faced by organizations worldwide, revealing that two-thirds of businesses have experienced a marked increase in cyber incidents over the past year. These rising cyber attacks are not just technical

In a strategic move reflecting its commitment to innovation and global growth, OneDegree Group, a firm specializing in cybersecurity and insurance technology, has rebranded to AIFT. Originally launched in 2016 as AI Financial Technology, the company initially branded its insurance division as

The global insurance software market is undergoing a transformative journey poised to redefine the industry's landscape. With a valuation of approximately $16.0 billion in 2023, the market is projected to reach $23.7 billion by 2030, marking a compound annual growth rate (CAGR) of 5.7%. This

Cyber insurance claims have seen a significant surge in recent years, predominantly driven by increasing incidents of data breaches and ransomware attacks. These developments have spurred a dramatic rise in the frequency and severity of claims, particularly in certain regions like the United

The landscape of insurtech startups is evolving. While the first wave of these companies aimed to disrupt the traditional insurance industry with direct-to-consumer models and innovative technologies, many faced significant challenges and financial struggles. Today, a new generation of insurtech