Cyber Insurance APAC

CyberCube Partners with Acclaim Insurance Brokers to Enhance Cyber Risk Assessment in Singapore

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CyberCube and Acclaim Insurance Brokers partner to enhance cyber risk assessment services. Acclaim, a leading independent insurance broker serving over 2,000 companies, will integrate CyberCube’s Broking Manager platform into its operations. This partnership underscores Acclaim’s commitment to delivering advanced cyber insurance solutions. CyberCube Acclaim Insurance Partner Cyber Risk The Broking Manager platform provides brokers with … Read more

Cybersecurity in APAC: Managing Lunar New Year Risks with Proactive Measures

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The Lunar New Year brings joy and celebration across Asia-Pacific (APAC) and increases cybersecurity vulnerabilities. Experts warn that cybercriminals target festive seasons, exploiting reduced staff presence, delayed responses, and distractions. Studies reveal that 86% of ransomware attacks in the US, UK, France, and Germany occurred during holidays or weekends, and APAC is no exception. According … Read more

WTW Launches CyCore Asia, Aiming to Strengthen Cyber Resilience in Singapore and Hong Kong

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Willis Towers Watson, WTW (NASDAQ: WTW), has unveiled CyCore Asia. This new cyber insurance solution is tailored for businesses in Singapore and Hong Kong. Collaborating with underwriters QBE Insurance Group and AXA XL, WTW offers primary insurance capacity of up to USD 15 million, addressing growing cybersecurity concerns. The initiative responds to findings from WTW’s … Read more

Coalition Partners with Mitsui Sumitomo Insurance to Expand Cyber Insurance in Australia

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Cyber insurance in the Asia-Pacific (APAC) region is expanding rapidly as businesses confront increasing threats from cyberattacks and data breaches. As digital transformation accelerates across industries, companies of all sizes become more vulnerable to risks like ransomware, phishing, and malware. Coalition has announced a multi-year capacity agreement with Mitsui Sumitomo Insurance Co., Ltd. (MSI), part … Read more

Rising Cyber Risks and Insurance in APAC: Navigating the Digital Storm and Emerging Threats

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In a region where data flows faster than the monsoon rains and cybercriminals lurk like digital pirates, the Asia-Pacific cyber insurance market is in a race to catch up. The game is on, and with cyber-attacks surging by nearly 50% annually, APAC is poised to secure its slice of the global cyber insurance pie. According … Read more

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