Blog | Gen Re

Our Perspective

Cyber Risk Trends: More Ways to Cause - and Prevent - Cyber Losses

By Eric Warbasse, CyberScout, Vice President of Business Development (guest contributor)|December 11, 2019|English

It’s in the news daily - data breaches cost American companies billions of dollars annually. Over the past 12 months, cybercriminals have moved away from selling stolen data on the dark web, to even quicker payouts via ransomware and email compromise. Small...
Read More
Fraud, Extortion, Intimidation - A Homeowners Cyber Policy Can Protect You

By Molly Corbett |March 27, 2019|English

The extortion emails were the first sign of what was to come. Nearly four years ago, a client contacted us regarding unusual claims filed by insureds. When logging in to a personal home computer, a homeowner, was greeted by a frozen screen and a pop-up...
Read More
Paper Breaches Nearly Triple – 5 Tips to Reduce the Risk

By Sarah Turek|April 04, 2018|English

Did you know that the number of data breaches involving paper records nearly tripled in 2017? In a world where companies strive to be paperless, a lot of paper still circulates out there. When these paper records are lost or mishandled, data breaches...
Read More
Cyber Education Matters – The Link to Insurance Sales

By Molly Corbett and Mindy Pollack |December 19, 2017|English

At the close of our cyber risk training programs for insurers and agents, we are often struck with one overriding observation: how much agents and carriers value cyber education. The follow-up questions are numerous and many agents linger just to talk...
Read More
New Laws - A Catalyst for China's Cyber Insurance Market

By Frank Wang |October 19, 2017|English

The Chinese cyber insurance market is getting ready for take-off, primed by a combination of increasing awareness of cyber risk among businesses and the introduction of new laws that place statutory obligations on all kinds of network operators. The...
Read More
IoT: Threat or Opportunity for Homeowners Carriers?

By James Kenworthy |June 14, 2017|English

Until recently, the idea of being able to control the heating in your home from afar, or check on your phone to see who is at the front door when you’re away, seemed like something out of a sci-fi flick. But the Internet of Things (IoT) is fast...
Read More