The Source for Cyber Insurance News, Insights and Data
Once the ransomware ends and systems are restored, the board breathes a sigh of relief. But soon after, letters from shareholders’ lawyers arrive. New research from Gallagher and the Center for Economics and Business Research (CEBR) reveals the true cost of a major cyberattack for large UK businesses. In 2025, the total bill reached £11.7 … Read more
The numbers sit side by side like an indictment. Fifty-nine percent of UK businesses experienced a cyber attack in the last twelve months. Only ten percent hold a specific cyber insurance policy. The British Insurance Brokers’ Association has built something to close this cyber insurance protection gap. At its annual conference, BIBA introduced its Accredited … Read more
Brit Joins Acturis To Open The SME Cyber Pipeline Not every insurance story is about a new product. Sometimes the story is about getting the right product to the right people, fast. Brit Insurance’s launch on Acturis, the SaaS platform used by more than 30,000 UK brokers, is that second kind of story. The product … Read more
The UK specialty insurance market has a scaling problem. Managing general agents writing SME and commercial business face a fundamental tension: the submission volume required to build a meaningful book is in direct conflict with the human effort required to triage each one consistently. Adding underwriters does not solve the problem. It delays it. Two … Read more
Credence Research’s March 2026 report provides one of the more aggressive recent estimates, valuing the global cyber insurance market size at $20.88 billion in 2024, projected to reach $118.97 billion by 2032 with a CAGR of 24.3% over the 2025–2032 period. This high base-year figure and elevated growth rate assume continued expansion of demand for … Read more