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Digital marketplace looks to fine-tune cyber risk pricing

Posted On: May. 21, 2019 6:58 AM CST

Digital insurance marketplace AkinovA (Bermuda) Ltd. plans to create cyber pricing tools that let the insurance-linked securities sector to cover cyber risks, The Royal Gazette reported. The company recently received the first license to operate in Bermuda’s insurance regulatory sandbox. Henri Winand, co-founder of AkinovA, said that cyber risk requires sufficient capacity as potential threats cover several lines of business.

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