Selective Survey Finds Majority Of Small Businesses Lack Cyber Insurance Coverage
Small Businesses Indicate Growing Concern about Cyber Risk as a Result of COVID-19, Yet Few Have Coverage
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BRANCHVILLE, N.J., March 15, 2021 /PRNewswire/ A survey of small businesses conducted by Appalachian State University in coordination with Selective found that cybersecurity and technology issues were growing concerns for 44% of survey respondents due to the COVID-19 pandemic. Yet, only 20% of survey respondents have cyber insurance coverage.
The findings highlight an awareness gap among small businesses about the risks they face from cybercrime. Twenty-eight percent of data breaches impact small businesses, and phishing attacks account for over 30% of breaches, making them the biggest cyber threat for small organizations.
MTSU Students Win Selective Insurance s College Competition Mar 01, 2021 at 10:27 am by WGNS
MURFREESBORO, Tenn., March 1, 2021 A dedicated group of Middle Tennessee State University students have been named this year’s winners of Selective Insurance’s College Competition.
The annual national contest allows future generations of insurance professionals to run virtual insurance agencies and experience many associated responsibilities and considerations. The MTSU team had the highest performing agency among the eight college teams competing in the monthlong competition, making complex business decisions while overcoming sales hurdles and managing their financial solvency.
The five-member MTSU team was comprised of juniors and seniors with majors in Risk Management and Insurance, Actuarial Science, and other business-related areas primarily within the Jennings A. Jones College of Business.
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Selective to Speak at the Bank of America Securities 2021 Insurance Conference
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BRANCHVILLE, N.J., Feb. 5, 2021 /PRNewswire/ Selective Insurance Group, Inc. (NASDAQ: SIGI) announced today that John J. Marchioni, President and Chief Executive Officer, and Mark Wilcox, Executive Vice President and Chief Financial Officer, will speak at the Bank of America Securities 2021 Insurance Conference on Thursday, February 11, 2021 at 9:00 a.m. (ET). Selective s discussion will be broadcast live on the Internet. Investors are invited to listen by visiting the Investors page of www.selective.com. A replay of the broadcast will be available on the website until May 11, 2021. For more information about Selective or the upcoming conference, please visit www.selective.com.