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The UK insurance market showed significant softening in 2024, according to Aon’s UK Insurance Market Outlook. The report highlights key factors of insurer profitability, increased market capacity, and intense competition….
Onda, a Lloyd’s-backed cyber MGA, has unveiled Onda X, a new cyber insurance product tailored for mid-market firms across the UK and France. Targeting companies with annual revenues between £100…
Read More “Onda Launches Onda X Cyber Insurance for Mid-Market Companies in the UK and France” »
Resilience has expanded its partnership with UK-based insurer RSA to offer surplus lines of cyber insurance to US businesses through London’s wholesale market. The move allows companies with revenue between…
Read More “Resilience Expands London Cyber Insurance Market for US Businesses” »
Small and medium enterprises (SMEs) vastly underestimate their risk of cyber-attacks, leaving them vulnerable due to low cyber insurance adoption, according to a new report from the Association of British…
Read More “Few SMEs Have Cyber Insurance Despite Growing Cyber Threats, ABI Report Warns” »
The UK government has introduced proposals to increase ransomware incident reporting and reduce payments to cyber criminals. The measures are rooted in the principle that ransom payments fuel the crime…
Read More “UK’s Bold Ransomware Crackdown: Incident Reporting Boosted, Criminal Payments Curbed” »
A recent government-commissioned survey reveals significant public concerns about UK cybercrime and fraud (England, Scotland, and Wales). Conducted by Ipsos UK for the Home Office, the research offers insights into…
Read More “Survey Exposes Public Concerns Over UK Cybercrime and Fraud” »
A recent survey by the UK Home Office reveals that half of UK businesses have experienced cyber security breaches or attacks in the past year, underscoring the escalating digital risks…
Read More “The Hartford and Coalition Form UK Cyber Insurance Partnership” »