Travelers Companies to acquire cyber insurance leader Corvus for $435m

Travelers Companies to acquire cyber insurance leader Corvus for $435m

In a strategic move to enhance its cybersecurity insurance offerings, The Travelers Companies, Inc. (NYSE: TRV) has entered an agreement to acquire Corvus Insurance Holdings, Inc., a leading cyber insurance underwriter, for approximately $435 million. This acquisition marks a significant investment in technology-augmented insurance solutions for Travelers, a company already renowned for its innovative industry […]

Persistent Systems launches Persistent Intelligent Cyber Recovery solution

Persistent Systems launches Persistent Intelligent Cyber Recovery solution

Persistent Systems, an Indian multinational technology services, has launched Persistent Intelligent Cyber Recovery (PiCR), a cyber recovery solution that allows organizations to accelerate the recovery from cyber-attacks. The Persistent Intelligent Cyber Recovery solution along with Google Cloud enables organizations to minimize data loss, decrease the risk of recurrent attacks, recover from ransomware and zero-day attacks, […]

Generali to launch cyber insurance solutions for corporates and SMEs

Generali to launch cyber insurance solutions for corporates and SMEs

Italian insurance giant Generali has joined forces with Accenture and Vodafone Business to launch cyber insurance solutions for corporate and small and mid-size enterprise (SME) clients around the world. Through a package of cyber insurance services, Generali plans to help the clients quickly and effectively identify, take action, and recover from cybersecurity threats and events. […]