Direct written premiums for cyber insurance worldwide could rise to $23 billion by 2025, with U.S. businesses paying about 56 percent of the total, according to the Triple-I latest Issues Brief. See also: Triple-I Issues Brief and Triple-I Blog.
The loss of personal data and operational obstacles caused by cybercrimes is a big concern to insurers. NAIC President Andrew Mais says cyber resilience should become part of the insurance industry’s matrix to protect consumers. See video: Cybercrimes & insurance protection; Articles: Cyber insurance can protect the future of your business or Cyber insurance: a key part of a robust business strategy.
To amplify the Triple-I commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT®, whose mission is to increase the number of Black professionals in the insurance, risk management, financial services, and legal industries. View videos: HBCU Impact.
401(K) PLAN- An employer-sponsored retirement savings plan funded by employee contributions, which may or may not be matched by the employer. Federal laws allow employees to invest pretax dollars, up to a stated maximum each year.
RENTERS INSURANCE- A form of insurance that covers a policyholder’s belongings against perils such as fire, theft, windstorm, hail, explosion, vandalism, riots, and others. It also provides personal liability coverage for damage the policyholder or dependents cause to third parties. It also provides additional living expenses, known as loss-of-use coverage, if a policyholder must move while his or her dwelling is repaired. It also can include coverage for property improvements. Possessions can be covered for their replacement cost or the actual cash value that includes depreciation.See Full Glossary
For immediate release West Coast Press Office: Janet Ruiz, 707-490-9365, firstname.lastname@example.org SAN FRANCISCO, Feb. Read More
For Immediate Release Contact: Michael Barry, 917-923-8245, email@example.com NEW YORK, Feb. 7, 2024—Direct written premiums for cyber insurance worldwide could rise to $23 billion by 2025, with U.S. Read More