Contributors
Molly Corbett
Chief Risk Officer North America P/C and Treaty Cyber Specialist, Stamford
Molly Corbett is a Vice President and Chief Risk Officer for North America Property & Casualty, supporting the risk management initiatives of the CEO and corporate risk committees. Molly is also a Cyber Specialist for Gen Re's North America Treaty department. She works with companies to develop and grow their cyber insurance programs and provides ongoing marketing and underwriting support and training. Prior to this, she worked as an underwriter in the Property Facultative department in Hartford and Boston. She’s based in Gen Re's Stamford headquarters.
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The Evolution of the Corporate Risk Library
By Molly Corbett May 25, 2021English
A few years ago, I wrote a blog called “6 Steps to a Good Risk Assessment” which highlighted how a good corporate risk assessment process supports management’s ability to assess a company’s risks, controls and resources. While an assessment process should...
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Ransomware, COVID-19 and Cyber Insurance - The Big Disconnect
By Molly Corbett Dec 09, 2020English
How is it that 76% of small-to-medium businesses (SMBs) in the U.S. experienced a cyberattack in 2019, and yet only 31% had Cyber insurance a year later? With the sharp increase in ransomware and online attacks aimed at employees working from home, it...
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Are Absolute Cyber Exclusions Coming to the Market to Address “Silent Cyber” Concerns? Some Insurers are Speaking Up
By Molly Corbett May 20, 2020English
Alarms over “silent cyber” have been loud and frequent in the past year or two, so it is no surprise to finally see a few new filings of broad cyber exclusions. At this point, the flow is still a trickle and will likely remain so while attention is diverted...
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Fraud, Extortion, Intimidation - A Homeowners Cyber Policy Can Protect You
By Molly Corbett Mar 27, 2019English
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...
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