Cyber Insurance Geographic Markets

Coalition Partners with Mitsui Sumitomo Insurance to Expand Cyber Insurance in Australia

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Cyber insurance in the Asia-Pacific (APAC) region is expanding rapidly as businesses confront increasing threats from cyberattacks and data breaches. As digital transformation accelerates across industries, companies of all sizes become more vulnerable to risks like ransomware, phishing, and malware. Coalition has announced a multi-year capacity agreement with Mitsui Sumitomo Insurance Co., Ltd. (MSI), part … Read more

Rising Cyber Risks and Insurance in APAC: Navigating the Digital Storm and Emerging Threats

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In a region where data flows faster than the monsoon rains and cybercriminals lurk like digital pirates, the Asia-Pacific cyber insurance market is in a race to catch up. The game is on, and with cyber-attacks surging by nearly 50% annually, APAC is poised to secure its slice of the global cyber insurance pie. According … Read more

Berkshire Hathaway Expands Cyber Insurance Offerings with New DACH Region Leadership and Hamburg Office

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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

Majority of EU Companies Unprepared for Looming NIS2 Cybersecurity Deadline, Veeam Survey Reveals

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The NIS2 Directive and deadline, set to take effect on October 18, 2024, represents a major evolution in the European Union’s cybersecurity framework, extending its regulatory reach to a broader range of sectors and imposing stricter cybersecurity preparedness and response requirements. Veeam Software’s recent survey, conducted by Censuswide, reveals the extent to which organizations across … Read more

Resilience Expands Cyber Insurance Coverage to France and Benelux, Appoints Marijke van Berkom as Regional Head

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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

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