Business News: Law DeskTop, Munich Re, NetDiligence

New Services Offers to Capture, Store Home Owner Contents Digitally

New York-based Law DeskTop, a provider of secure, hosted document management services to law firms and legal departments, announced the launch of a free service called HomeOwners Survey that allows homeowners to manage records of their possessions by texting, emailing or uploading pictures of their belongings to the cloud-based service for safekeeping, including the cost, date of acquisition and approximate market value of each item.

The program frees homeowners from having to retain paper records in their homes and avoid the potential loss of the documents in an accidental fire, flood or other catastrophe. By digitally storing the records through the HomeOwners Survey platform, homeowners avert the difficult challenge of recovering lost or damaged pictures and documentation of art, furniture, rugs and home improvements, as may be needed by to their insurance company as part of the recovery process.

Partnering insurance companies can offer the HomeOwners Survey to clients as free platform. All possession information can be exported as a spreadsheet, not only benefiting homeowners in case of loss, but also providing their insurance company with an up-to-date document of their belongings. This spreadsheet can then be incorporated into the home documentation and updated periodically during the year if necessary. Additionally, the data can be exported during insurance policy renewals, per insurance company requests to review updated home-related information with their clients.

For more information visit www.lawdesktop.com/homeowners

Munich Re Offers New Cyber Product for SMBs, Offers Turnkey Approach for Regional Carriers

Munich Reinsurance America, Inc. (Munich Re) is now offering a cyber reinsurance solution for regional property/casualty insurance carriers seeking to provide this coverage and associated services to their small and medium-size enterprise (SME) clients.

Cyber insurance may provide coverage for a loss resulting from a variety of events, such as a denial-of-service attack, unauthorized access, introduction of malicious code, privacy breach, extortion threat, regulatory proceedings, and/or third-party claims and more. Munich Re’s cyber solution provides reinsurance capacity for limits up to $15 million, technical expertise, and tools such as a risk management portal and a post-breach services panel to primary insurance carriers that may not have the experience or resources necessary to provide cyber protection to their clients. Insurance carriers participating in Munich Re’s cyber solution will retain a portion of the risk. Munich Re’s turnkey solution can include ISO’s stand-alone commercial cyber policy or the information security protection cyber policy as well as a primary carrier’s proprietary cyber product.

Munich Re’s cyber reinsurance product is available in all 50 states to primary property/casualty insurance carriers and reinsurance brokers for their SME policyholders.

NetDiligence Announces Strategic Alliance With InfoArmor

NetDiligence, a provider of cyber risk assessment and breach response services, announced a strategic alliance with InfoArmor, a provider of employee identity protection and advanced threat intelligence.

With this alliance, NetDiligence adds InfoArmor’s advanced threat intelligence—including dark web research, investigations, and threat actor profiling/attribution—to its comprehensive suite of cyber risk assessment services.

The threat intelligence InfoArmor provides enhances NetDiligence’s ability to provide its cyber insurance partners with real-world insight into the risks their policyholders face. This enables its partners to address previously unknown risks before they become events requiring investigation, remediation, and response.