Jaguar’s New Tagline is “Copy Nothing,” but its Cyber Insurance Disaster Suggests “Penny Wise, Pound Foolish” Might be More Apt

Jaguar Land Rover, also known as JLR, was hit with a cyber attack last month that forced the company to shut down its tech systems and assembly lines, with billions-of-dollars of damages and lost sales potentially far exceeding JLR’s pre-tax profit last fiscal year. Sounds like time for the car maker’s cybersecurity insurance policy to … Read more

As Cyber Insurance Growth Stalls: Report Shows Europe Key to Rebooting Market

Cyber insurance growth has stalled after a decade of rapid expansion. So where does the market go from here? That’s the central question of Howden’s new report, Cyber Insurance: Rebooting Growth. The analysis warns that the once red-hot market now faces slowing momentum, even as cyber threats rise. Yet, it also points to new frontiers—especially … Read more

UK Cyber Report Calls for Growth, Stronger Cyber Insurance, and Clearer Rules

The UK government has released a landmark report on the nation’s cyber future. The study, A UK cyber growth action plan – final report, sets out a detailed growth plan and highlights urgent needs for resilience. It comes from experts at Bristol University and Imperial College London and was presented to Parliament this week. The … Read more

Mosaic Expands Cyber Insurance and FI Coverage with Modular IMI for North America and Bermuda

Mosaic Insurance has expanded its investment management insurance (IMI) with a new modular form that blends financial and cyber insurance. The product now offers up to $20 million per risk across the US, Canada, and Bermuda. “This coverage offers a customized approach for investment managers when purchasing their IMI and cyber insurance,” said Tom Dilley, … Read more

DUAL Europe Strengthens Cyber Insurance with New Leaders and Regional Structure

DUAL Europe strengthens Cyber insurance operations with new appointments and a streamlined regional structure across Europe. The company announced leadership changes to reinforce its presence in a rapidly growing cyber market. Strategic Appointments Announced DUAL Europe named Marek Stanislawski as Head of Business Development, Cyber Europe, effective 3 September. Based in Stockholm, Stanislawski will focus … Read more

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