The Source for Cyber Insurance News, Insights and Data
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
Major UK Firms Face Tidal Wave of Exposed Logins A new Socura report warns that UK blue chips sit on a powder keg of stolen credentials. Researchers found over 460,000 instances of leaked employee logins tied to FTSE 100 corporate email addresses. That number roughly matches the population of Bristol, UK, or Fresno, CA, in … Read more
The latest UK Government research on national cyber risk opens with a stark warning that sets the tone for the entire report. Officials outline the scale of the threat and link it directly to rising pressure on businesses, regulators, and insurers across the country. “Cyber attacks represent one of the most pressing threats to the … Read more