The Source for Cyber Insurance News, Insights and Data
New Milan Teams Target Italian Demand Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, launched two new divisions in Italy. The carrier opened an Energy & Construction unit and a Cyber unit. LSM based both teams in Milan. The move targets rising regional demand for specialty coverage and advisory support. LSM also aims … Read more
A new joint report from Aon and A&O Shearman highlights growing concerns about cyber insurance across EMEA. Regulators are now focusing on more than just privacy cases, expanding into sector rules, resilience requirements, and executive oversight. Enforcement is becoming quicker and more complex. The report notes that the sources of cyber fines have “expanded sharply,” … Read more
Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated. “This new capital injection will enable us to accelerate a model … Read more
We routinely report on cyber insurance market size estimates and related industry studies from various insurance and research companies; see a summary table at the bottom of this post. But two new studies released on the same day (10/23/25) demonstrate the challenges of evaluating this market. One study, Marsh’s Global Insurance Market Index, reports global … Read more
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