The Source for Cyber Insurance News, Insights and Data
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 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
More than 600,000 UK businesses reported a cybersecurity breach or attack in the past year, government data shows. Phishing attacks were the most common, with 85% of affected firms citing them as disruptive and time-consuming. The growing use of AI-driven impersonation has also raised concerns among smaller firms with limited resources. Rising Cyber Risks for … Read more
The cyber insurance market is on track to more than double by 2030, according to a new report from Lockton Re. The global reinsurance firm warns that growth, while likely, will depend on major shifts in data quality, risk modeling, and product design. In its white paper, Cyber Insurance 2030: Charting a Course for Growth, … Read more
News Amid 2024 Threat Surge – France spent 2024 on alert as Paris readied the Games and attackers gathered. France’s National Agency for the Security of Information Systems (ANSSI) logged 4,386 cybersecurity events. That represents a 15% over 2023. Intrusions targeted critical infrastructure and Olympics-linked systems drew intensified strikes. The year’s story was “pression” (pressure), … Read more