The Source for Cyber Insurance News, Insights and Data
Jaguar Land Rover, also known as JLR, was hit with a cyber attack last month that forced the company to shut down its tech systems and assembly lines, with billions-of-dollars of damages and lost sales potentially far exceeding JLR’s pre-tax profit last fiscal year. Sounds like time for the car maker’s cybersecurity insurance policy to … Read more
New Estimates of Cyber Insurance Market Size – We like to keep up to date on analysis of the size and growth of the cyber insurance market. Days ago Gallagher, the large cyber insurance broker, reported the cybersecurity insurance market is projected to surge from $16.66 billion in gross written premiums in 2023 to $120.47 … Read more
The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more
Up, Up… But How Much? And How Fast? – We dutifully share new market reports on the cyber insurance market size. According to a new MarketsandMarkets report , spending is expected to grow from $16.54 billion in 2025 to $32.19 billion by 2030, representing a compound annual growth rate (CAGR) of 14.2%. The authors cite … Read more
ESET and Amwins Launch Cyber Insurance Initiative ESET and Amwins announced a partnership to help businesses meet cyber insurance requirements with advanced cybersecurity tools. The partnership offers Amwins clients exclusive discounts on ESET’s Managed Detection and Response (MDR) service. “Whether clients are entering the market for the first time or facing a challenging renewal, Amwins … Read more