As businesses and insurers become more educated about the new threats posed by cyber thieves and hackers, both sides are engaging in an escalating battle. “Some insureds have described fighting cyber risks as an arms race,” explains Bill Jennings, an underwriter for Beazley Insurance Co., Inc., which focuses on writing a number of specialty insurance products in the U.S.

“The hackers improve their tools and the way they can hack into an insured’s system. Insureds improve their tools and install patches, and hackers continue to improve their methods of attack.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


The British Legal Awards (BLA) 2023Event

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Get More Information


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.