The flexible modeling of Verisk’s Cyber Risk Navigator™ (formerly ARC) supports a wide range of affirmative cyber coverages to help inform risk selection, pricing, portfolio management, and risk transfer.
Verisk’s cloud-based, SaaS solution and modeling framework empowers you to explore unique views of risk and examine the underlying data and assumptions that drive modeled output.
Risk models quantify the financial impact of several types of cyber threats such as security breaches, service provider downtime, ransomware, and more.
Underlying the platform is a global industry exposure database with information from more than 100 million worldwide businesses. Leverage matching algorithms to access detailed cyber supply chain data and augment your own.
Cyber risk remains a top concern and key opportunity for insurers and reinsurers, yet many have little or no cyber risk data in-house and lack the ability to manage the risk effectively. Manage your portfolio’s tail risk by gaining insights into which points of exposure aggregation are riskier than others and understand how systemic incidents can impact your overall portfolio. With Cyber Risk Navigator, you can manage cyber risk globally, enhance the underwriting of attritional and extreme event risks, and manage portfolio tail risk with one powerful solution.
Systemic ransomware has emerged as one of the most substantial cyber threats facing today’s interconnected world, with the potential of severe losses across an insurance portfolio. Learn how the risk of systemic ransomware cyber events can be quantified and managed using a cyber risk modeling platform.
Silent cyber coverage can reveal itself when the impacts of cyber incidents aren’t explicitly included or excluded in policy wording. Due to the potential for losses outside affirmative cyber lines, it’s important to understand your exposure to this potential threat. With our cyber models, you can evaluate cyber risk from commercial policies in any line of business, including property, general liability, E & O, and D & O.
Cyber Risk Navigator, formally referred to as ARC, is a part of Verisk's Cyber Solutions Suite, which was named Cyber Solution of the Year at the InsuranceERM Annual Awards 2020 – Americas. The Verisk Cyber Solutions suite, built on a database with information from more than 100 million worldwide organizations, delivers policy language, loss costs, analytics, modeling, workflow capabilities, and more.
What insurers need to know about supply-chain ransomware attacks and why they present an emerging errors and omissions risk exposure.Read the article
How cyber insurance coverages can help mitigate the impact of ransomware-as-a-service.Read the article
While targeted ransomware usually only affects individual companies, certain events can be correlated in terms of when and how they experience loss.Read the article
Singular breaches no longer have a strictly local impact as individuals are hyperconnected to the internet in myriad ways, from personal digital devices to appliances and…Read the article
The increasing scale and sophistication of ransomware attacks – as seen with Colonial Pipeline – has highlighted the importance of greater industry collaboration to…Read the article
Inconsistencies and a lack of standardisation in cyber insurance are persistent challenges that can hinder the development of a market still in its early days.Read the article