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

Cyber Insurance for SMEs: Pen Underwriting Expands Cover with Six Key Enhancements

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

Cyber Insurance Market Set to Double by 2030, Lockton Re Warns of “Dynamic Crossroads”

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