Most insurers are outsourcing their incident response capabilities, and over half now notify insured parties about critical vulnerabilities or ongoing cyber incidents. Additionally, Gallagher Re notes that the majority of insurers are classifying claims based on high-level categories, such as malware, data breach, and network incidents.
Cyber claims increase as Gallagher Re warns of complex settlement challenges
- Niki Wilson
Recent Company News
- E-Claim.com Successful Second Round in the Edward Lowe Foundation’s SIG Program
- E-Claim.com Welcomes Lozano Insurance Adjusters: A New Era of Claims Management with ClickClaims
- ClickClaims Recognized as One of the Top Insurtech Companies – Global 5-Star Technology and Software Providers for 2023 by Insurance Business America
- Heartwarming Acts of Kindness Multiply: E-Claim Employee Efforts Result in $9,000 for Smile Train!
- 2021 Louisiana Growth Leaders: Spotlight on E-Claim | Louisiana Economic Development
Recent Blog Posts
- Florida Carriers: Are You Meeting SB-76 Reporting Requirements?
- Thomas Brown, Founder & CEO of E-Claim.com Featured LIVE on Tea Time with Tech Founders Podcast
- Maximizing Every Minute: The Real Game-Changer in Life and Work
- ClickClaims and the Future of AI
- Fighting Fraud from the AIr and in the Courts
Recent Industry News
- Texas Windstorm Insurance Association Board Says Losses from Hurricane Beryl Were $455M
- Verisk Offers Insurers Address-Level Insights to Better Assess Fire Protection Capabilities
- Survey: Majority of P/C Insurance Decision makers Say Industry Will Be Powered by AI in Future
- US Faces Growing Crisis Over High Traffic Deaths, NTSB Chair Says
- Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund