The Source for Cyber Insurance News, Insights and Data
Cyber Insurance Expansion Across Europe RiskPoint Group will acquire Corvus Underwriting GmbH, based in Frankfurt, from Travelers. The deal will be effective on September 1, 2025. The acquisition strengthens their position in the cyber insurance market across Germany and the broader European region. The deal enhances an already strong relationship with Travelers. Strategic Partnership Deepens … Read more
In a first-of-its-kind public financial impact report, the UK’s Cyber Monitoring Centre (CMC) has classified the April 2025 ransomware attacks on Marks & Spencer and Co-op as a Category 2 systemic cyber event. The CMC estimates that the combined financial damage from the retail cyberattack ranges from £270 million to £440 million. The Cyber Monitoring Centre The … Read more
Cowbell Enhances Claims Capabilities Cowbell has appointed Kirsten Maley as Director of Claims for the UK cyber insurance market. This new role aims to enhance Cowbell’s ability to support UK SMEs and mid-market businesses facing cyber risks. Maley brings over ten years of experience in the insurance industry, including more than six years focused on … Read more
Personal Data: The New Gold in the Criminal Underground Cybercriminals are no longer just stealing data—they’re running a data-driven black market. Europol’s latest Internet Organised Crime Threat Assessment (IOCTA) for 2025, titled “Steal, Deal, Repeat,” pulls back the curtain on a booming digital economy where your stolen identity fuels scams, extortion, and organized crime. Cyber … Read more
Cyberwrite Enhances Predictive Underwriting Tools Through Markel Deal Cyberwrite has expanded its cyber risk analytics partnership with Markel Insurance. The collaboration now supports advanced cyber underwriting processes across Europe. Markel underwriters utilize Cyberwrite’s AI-based tools to assess and model cyber risk exposures in real time. This helps them communicate findings to brokers and clients more … Read more