The world of today is heavily dependent on online services which come along with a great risk for the protection of sensitive data shared online. Cyber insurance is exactly what businesses use to hedge the risk of cybercrimes or any theft of stolen sensitive data. Cyber risk insurance or cybersecurity insurance provides businesses with protection [...]

Parametric insurance is an insurance that does not cover for pure loss, instead, a predetermined payment is received upon the occurrence of a catastrophic natural event which results in a loss. An individual will have to purchase the parametric insurance with a predefined amount that will be paid out as agreed on predefined terms. Unlike [...]