Cyber Insurance Claims

D&O or D&O Not, There is No Try — Directors and Officers Need to Worry About D&O Insurance for Cybersecurity

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As global cyber threats intensify, directors and officers (D&Os) face increased regulatory scrutiny, surging litigation and ballooning insurance premiums, according to the latest Allianz Commercial D&O Insurance Insights 2026 report. D&O insurance for cybersecurity is a hot issue in the industry and at many companies. The Risks – D&O Insurance for Cybersecurity The Allianz report … Read more

Rich Boomers Lag on Personal Cyber Insurance: Report

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America’s wealthiest households are confronting rapidly escalating cyber threats, yet many remain significantly underinsured and lack adequate family and personal cyber insurance, according to new findings from the 2025 PRMA Private Client Insurance Insights Survey. The full survey results reveal a widening disconnect between rising digital risks and the protection strategies high-net-worth (HNW) families have … Read more

Marks & Spencer Gets $132 million in Cyber Insurance Claims, But Cyber Attack Slashes Profits

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British retailer Marks & Spencer has started receiving substantial cyber insurance claims payouts from its April cyberattack. “Insurance income proceeds of £100.0m (app. $132 million), in respect of the incident, recorded centrally in adjusted profit,” the Company reported in its November 5th earnings report. But headlines on the report focused on the dramatic decrease in … Read more

Qantas Cuts Exec Comp over Hack, But Silent on Cyber Insurance

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We’ve reported on large companies that were hacked recently but either had no cyber insurance, or were underinsured. Could the Qantas Group (Qantas Airlines) be another one? The company’s board has (modestly) cut executive pay over its June hack, which revealed information on 5.7 million customers, according to the Qantas annual report released last month. … Read more

Another Large UK Company Caught with Inadequate Cyber Insurance? The Co-operative Group Appears Underinsured.

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The Co-operative Group is a British operator of retail stores, funeral homes and other businesses. Like Marks and Spencer, another major UK retailer, the Co-op, which generates billion-of-dollars in yearly revenue, has been hit with a major cyber attack. But compared to Marks and Spencer, the Co-op appears to be grossly underinsured for cyber threats. … Read more

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