The vast majority of damages from last month's CrowdStrike Holdings Inc.'s global IT outage will go uninsured, according to new estimates from Guy Carpenter and CyberCube Analytics Inc.

Humana expands partnership with Google; Arch acquires Allianz MidCorp and Entertainment insurance business; Coalition introduces active cyber insurance in Germany and more insurtech news.

Tamar Shapiro will join MetLife as chief data and analytics officer and Dan Antilley will be the chief information security officer.

The CrowdStrike update debacle continues as businesses file claims under their cyber and insurer Parametrix estimates $5.4B in losses.

A failed software update affected businesses worldwide, but what role will insurance play in covering the anticipated losses?

Marsh, the world's largest insurance brokerage, said that dozens of its clients are preparing to file claims in the wake of a global computing outage that disrupted airlines, banks and government agencies.

In today's hybrid work environment, companies must consider the impact of cyber risks and equip their teams accordingly.

Disputes about insurance liability for cybersecurity software failures bring up possibilities for public policy and regulation.

A cyber breach can cost the average U.S. business $9.48 million and affect its reputation.

Insurers that provide services within the EU or partner with EU-based financial services firms or vendors must comply with the Digital Operational Resilience Act if they exceed the applicable threshold.