The Source for Cyber Insurance News, Insights and Data
Insurance Europe has released a new report titled “Insurers’ Role in EU Cyber Resilience,” highlighting the escalating frequency and severity of cyber threats and offering policy recommendations to bolster cyber resilience across the European Union. As cyberattacks increased by 38% globally between 2022 and 2023, businesses face growing risks from ransomware, malware, phishing, and other … Read more
Berkshire Hathaway Specialty Insurance (BHSI) has named Thomas Pache as Head of PI/Cyber Insurance for the DACH region—covering Germany, Austria, and Switzerland—and appointed Kim Schumacher as Senior Property Underwriter. The company has also opened a new office in Hamburg to enhance its presence and build closer connections with broker partners and customers in the region. … Read more
Resilience has expanded its European cyber insurance operations to France and Benelux, appointing Marijke van Berkom as Head of France & Benelux. The company, which focuses on cyber risk management and insurance, aims to support clients and brokers in the region with its services. Building on its operations in the UK, Southern Europe, Ireland, and … Read more
CFC, an insurance provider specializing in emerging risks and cyber insurance, has opened its first office in Spain, marking a significant expansion into Southern Europe. The new Madrid-based hub will help the company meet growing demand and strengthen relationships with broker partners across Spain, Italy, and France. This move follows earlier expansions in North America … Read more
Data Bridge estimates the “Third Party Cyber Insurance Market” was worth $7.7 billion in 2022 and will reach $39.5 billion (numbers rounded) by 2030—a look at this latest cyber insurance market analysis. This is a less aggressive estimate than some other cyber insurance market analysis, such as IMARC’s projection the market will reach $85 billion … Read more