Latest news with #K2Cyber
Yahoo
30-06-2025
- Business
- Yahoo
K2 Cyber partners Liberty Mutual to offer cyber insurance for SMEs
K2 Cyber, a division of K2 Insurance Services, has joined forces with Liberty Mutual Insurance and its Ironshore programmes group to provide Intelligent Cyber Insurance for small and medium-sized enterprises (SMEs). The initiative aims to deliver a cyber insurance solution that addresses the risks faced by both businesses and their owners, K2 Cyber said in its press release. The programme offers cyber liability coverage of up to $3m for companies with annual revenues of up to $100m. Liberty Mutual will provide K2 Cyber with delegated underwriting authority and capacity, as well as access to its underwriting expertise, product management, risk engineering, and claims capabilities. Liberty Mutual Cyber Insurance global head Patrick Thielen said: 'We're excited to collaborate with K2 Cyber. Their forward-thinking model addresses the needs of small and medium-sized organisations with sophistication and simplicity. Together, we're delivering an insurance solution that empowers policyholders, brokers and agents alike to respond confidently to cyber threats.' K2 Cyber's model for Intelligent Cyber Insurance is structured to enhance operational efficiency, streamline workflows for brokers and agents, and improve client education regarding cyber risks. K2 Cyber CEO and founder Keith Moore stated: 'We're incredibly grateful to partner with an industry leader like Liberty Mutual. Their commitment to innovation and excellence perfectly aligns with our vision of delivering cyber insurance that goes beyond the policy by providing free, built-in risk engineering, real-time cyber monitoring, and practical security tools tailored for SMBs.' In April 2025, K2 Cyber collaborated with TransUnion to enhance its commercial cyber services and claims management, enabling its policyholders to utilise TransUnion's TruEmpower CyberScout solution. K2 Cyber was established in April 2025 as a managing general agent by K2 Insurance Services. "K2 Cyber partners Liberty Mutual to offer cyber insurance for SMEs " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
26-06-2025
- Business
- Business Wire
K2 Cyber Adds Another Major Partner to Deliver Intelligent Cyber Insurance to Small and Medium Businesses
CHAPEL HILL, N.C.--(BUSINESS WIRE)-- K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, announces today a strategic partnership with Liberty Mutual Insurance and its Ironshore programs group, both A.M. Best 'A' rated carriers and recognized leaders in the specialty insurance market. This partnership represents a major milestone in K2 Cyber's mission to protect small and medium-sized organizations and their stakeholders, a market that is often underserved in today's evolving cyber risk landscape. That program provides a holistic cyber solution protecting both organizations and their owners and executives, since the personal devices and digital identities of those individuals are often inseparably linked to business operations. Up to $3 million in cyber liability coverage is available to companies across the country with annual revenues as large as $100 million. Under the partnership, Liberty Mutual provides K2 Cyber's SMB program delegated underwriting authority and capacity, along with industry-leading global underwriting expertise, product management, risk engineering, and claim capabilities. 'We're incredibly grateful to partner with an industry leader like Liberty Mutual,' said Keith Moore, CEO and Founder of K2 Cyber. 'Their commitment to innovation and excellence perfectly aligns with our vision of delivering cyber insurance that goes beyond the policy by providing free, built-in risk engineering, real-time cyber monitoring, and practical security tools tailored for SMBs.' 'In today's interconnected world, it's nearly impossible to draw a clean line between personal and professional digital exposure, especially for small business owners,' Moore added. 'Our program recognizes that reality and builds protection where others leave gaps.' Patrick Thielen, Global Head of Cyber Insurance at Liberty Mutual, said, 'We're excited to collaborate with K2 Cyber. Their forward-thinking model addresses the needs of small and medium-sized organizations with sophistication and simplicity. Together, we're delivering an insurance solution that empowers policyholders, brokers and agents alike to respond confidently to cyber threats.' In addition to its unique coverage structure, K2 Cyber's Intelligent Cyber Insurance™ model emphasizes ease of doing business, streamlined broker/agent workflows, and client education. The program is already gaining momentum among retail agents and wholesale brokers looking to offer differentiated cyber protection without the friction. For Brokers & Agents: K2 Cyber is actively appointing producers nationwide. If you're looking to offer a smarter, more comprehensive cyber solution to your clients, we welcome you to join our growing distribution network. ➡️ Request an appointment today at: About K2 Cyber: K2 Cyber is the cutting-edge provider of Intelligent Cyber Insurance™, dedicated to cultivating winners in today's complex SMB digital landscape through continuous risk engineering, innovative prevention and mitigation tools, and comprehensive cyber education. By empowering insureds with resources typically beyond their reach, our influence drives positive change on a broader scale. Backed by a team with deep cyber insurance, technology and cybersecurity expertise, K2 Cyber is redefining cyber risk management for the SMB sector. For more information, visit K2 Cyber is a K2 Insurance Services brand. About K2 Insurance Services: K2 Insurance Services is an insurance services holding company that owns and controls a diverse set of MGAs, marketing, underwriting and servicing nearly $2 billion annually in niche commercial and personal insurance premiums. Our mission is to protect what matters most to our partners and clients through personalized and specialty insurance products by distributing innovative programs and products through trusted direct, retail and wholesale channels. Formed and led by successful insurance industry veterans and backed by Warburg Pincus, K2 is leading the way with specialty insurance programs. About Liberty Mutual Insurance At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people and businesses embrace today and confidently pursue tomorrow. In business since 1912, and headquartered in Boston, today we are the ninth largest global property and casualty insurer based on 2024 gross written premium. We also rank 91 on the Fortune 100 list of largest corporations in the US based on 2024 revenue. As of December 31, 2024, we had $50.2 billion in annual consolidated revenue. We employ over 40,000 people in 28 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property. For more information, visit
Yahoo
08-05-2025
- Business
- Yahoo
TransUnion (NYSE:TRU) Declares First Quarter US$0.12 Dividend for 2025
TransUnion recently affirmed a cash dividend of $0.115 per share for the first quarter of 2025, which may lend support to investor sentiment despite a relatively quiet period for significant news. Over the past month, the company's stock rose 21%, a movement that aligns with the broader market's strength, partly fueled by a trade deal between the U.S. and U.K. Additionally, favorable first-quarter earnings and strategic partnerships like the one with K2 Cyber might have bolstered the company's appeal, enhancing its attractiveness amidst a generally buoyant market environment. TransUnion has 2 weaknesses (and 1 which is potentially serious) we think you should know about. The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. The recent dividend affirmation by TransUnion (NYSE:TRU), amidst a relatively quiet news period, reinforces confidence among investors, likely contributing to the 21% rise in its stock over the past month. This price movement aligns with the broader market's gains, partly spurred by the U.S.-U.K. trade deal. Over the longer five-year period, TransUnion's total return including dividends reached 19.87%, providing a stable growth outlook, although the company's strategy of technology modernization and international expansion involves inherent risks. In comparison to the past year's performance, TransUnion outpaced the US Professional Services industry and the overall US market, which returned 7.5% and 7.2% respectively. The optimistic market response might also reflect the company's ongoing technological transformation and acquisitions aimed at enhancing efficiencies and innovation. However, its share price at US$82.43 still sits below the consensus analyst price target of US$104.72, suggesting potential room for growth. The current positive sentiments and strong quarterly performance might bolster future revenue and earnings forecasts. Still, there remain threats from rising interest rates and economic uncertainties which could impact lending volumes and technology transformation costs affecting margins. For the analysts' projected earnings of US$836.7 million by 2028 to materialize, the company would need to achieve expected revenue growth and operate at a decreased PE ratio of 30.1x, down from 43.8x today, implying expectations for considerable financial improvements in the interim. Unlock comprehensive insights into our analysis of TransUnion stock in this financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:TRU. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-04-2025
- Business
- Yahoo
K2 Cyber teams up with TransUnion to enhance cyber insurance offerings
K2 Cyber, a division of K2 Insurance Services, has joined forces with TransUnion to bolster its commercial cyber services and cyber claims management. The collaboration will provide K2 Cyber policyholders with access to TransUnion's TruEmpower CyberScout solution, which assists companies in mitigating cyber incident risks. K2 Cyber CEO and founder Keith Moore said: "At K2 Cyber, we are committed to delivering unparalleled protection and support to our policyholders. Partnering with TransUnion allows us to enhance our offerings with cutting-edge solutions that not only address current cyber threats but also empower our clients to proactively safeguard their digital environments, helping us redefine cyber risk management for the SMB sector.' The partnership aims to strengthen K2 Cyber's services by including cyber claims management, incident response, forensics consultation, identity theft prevention tools and a dedicated crisis hotline. TransUnion Global Cyber Insurance Business head Matt Cullina stated: 'The aftermath of a data breach can feel chaotic for a business owner, and it is difficult to even know how to begin addressing the situation. CyberScout's services are both technical and consultative to assess and repair the damage, while helping small business owners navigate the process – so they can focus on protecting their customers as well as their brand.' TransUnion is a global insights company with more than 13,000 associates in 30-plus countries, offering actionable consumer insights in credit, marketing, fraud and analytics. Earlier this month, K2 Insurance Services launched K2 Cyber, which operates as a managing general agent focusing on cyber insurance for small and medium-sized businesses. It employs a data-centric approach that integrates AI, real-time threat intelligence, behavioural analytics and automated risk assessments. "K2 Cyber teams up with TransUnion to enhance cyber insurance offerings " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
