Insurers Creating a Consumer Ratings Service for Cybersecurity Industry

The attached article was written by Leslie Scism of the Wall Street Journal on March 26th, 2019. It describes how a group of large insurers, including Allianz, AXA, Axis Capital, Beazly, and others are planning to work together with Marsh & McLennan Co to asses various cyber-security technology offerings and their effectiveness at reducing cyber breaches. Many insurance providers are seeing the economic payoff of entering the cyber-security domain and are taking proactive steps to act in this space constructively.