The Source for Cyber Insurance News, Insights and Data
The UK Cyber Security Longitudinal Survey’s fifth iteration arrived this week. The report tracks cybersecurity changes across the same organizations, including medium- and large-sized businesses and high-income charities. The first “wave” of data came out in 2022. This new release, “Wave Five,” follows medium- and large-sized businesses and high-income charities. The study links security practices … Read more
The UK government started the ‘lock the door’ campaign on February 17, 2026. Officials want more organizations to use Cyber Essentials, a UK cybersecurity certification that sets basic security controls against common attacks. They report that organizations with Cyber Essentials made 92% fewer insurance claims last year. The Cyber Security Longitudinal Survey supports this push, … Read more
Brit Group Holdings Limited has introduced FI Cyber Max, a consortium designed specifically to address cyber risks faced by large financial institutions. The offering streamlines insurance for complex cyber exposures, meaning it makes it easier for institutions to get coverage for incidents like data breaches and system disruptions. Brit said the structure aims to simplify … Read more
Beazley plc’s board has unanimously rejected a £7.67 billion ($10.3 billion) takeover proposal from the Zurich Insurance Group. The offer, announced on January 19, 2026 for 1,280 pence per Beazley share, is lower than a bid from Zurich last year, but still reflects a substantial premium on Beazley’s public valuation. That was not enough to … Read more
Ransomware crews can cripple a firm in minutes. They can freeze files, block payments, and stop customer service. Digital Minister Liz Lloyd delivered that warning to insurance brokers at BIBA’s manifesto launch. Lloyd set the tone early, saying, “Cyber security is not optional.” She added, “It is foundational to our national security, our economy, and … Read more