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A new report from Lloyds and AIR Worldwide, analyzing the financial impact of the failure of a leading cloud provider in the U.S. for 3-6 days, concluded that it would result in economic losses of $15 billion.

A global cyber attack could result in damages of as much as $121.4 billion, comparable to economic losses caused by Hurricane Katrina in 2005, Lloyds of London said in a report

Lockton Re has brokered a strategic partnership agreement between CloudInsure, a cloud insurance platform, and Liberty International Underwriters (LIU).

Lockton Re has brokered a strategic partnership agreement between CloudInsure, a cloud insurance platform, and Liberty International Underwriters (LIU).

Insurance broker Marsh has launched a Cyber policy enhancement designed to protect against losses stemming from failure by cloud-service providers.

Insurance broker Marsh has launched a cyber-insurance-policy enhancement to deal with losses stemming from a failure of a cloud-service provider.

Insurance broker Marsh has launched a cyber-insurance-policy enhancement to deal with losses stemming from a failure of a cloud-service provider.

CSC announces the introduction of Breezeway, a collection of cloud-based, Web-subscription services usable on multiple devices and platforms that enable insurers to tap into offerings in a secure, highly-scalable environment.