Insurance Day
Daily Digest: Axis CEO on CrowdStrike, Aviation rates slow, Munich Re on nat cat losses
Catch up on the essential news and analysis from the Insurance Day experts
Cyber insurers to 'reset' BI coverage after CrowdStrike outage: Tizzio
The CrowdStrike global IT outage will
lead to a “reset” of the cyber insurance market’s approach to business interruption coverage, Axis Capital chief executive Vince Tizzio has predicted. Speaking to analysts, Tizzio said he expected the outage to drive
changes to policy wordings for contingent business interruption, coverage for non-malicious events and waiting periods.