Cyber Risk Insurance: 5 Critical Insights from RAND’s 2025 Report That Demand Federal Action

Report Urges Federal Action Amid Mounting Digital Threats A new RAND Corporation report warns that America’s cyber insurance market cannot absorb the shock of a catastrophic digital attack. The study “Insuring Catastrophic Cyber Risk” provides a roadmap for federal involvement, highlighting structural insurance failures, systemic IT vulnerabilities, and the rising risks of national-scale cyber incidents. … Read more

AXA XL Cybersecurity Communications Training Empowers CISOs

In cybersecurity, where TLAs (three-letter acronyms) and technical lingo dominate, clear communication often becomes a casualty. AXA XL’s latest initiative aims to address that confusion—because, as Mark Twain once said, “The difference between the almost right word and the right word is really a large matter—it’s the difference between the lightning bug and the lightning.” … Read more

Cybercrime Trends as Businesses Embrace AI

Marsh McLennan’s 2025 Insurance Report Highlights Digital Vulnerabilities In a rapidly digitizing world, businesses are increasingly exposed to evolving cyber threats. Marsh McLennan Agency’s “2025 Business Insurance Trends Report” offers a sobering outlook on this new digital era. Companies that are embracing AI, automation, and interconnected supply chains now face heightened cybersecurity risks from cyberattacks, … Read more

UK Cyber Insurance Market to Hit $2.87 Billion by 2030: Report

With total premiums of $1.53 billion this year, the UK cyber insurance market will reach almost $3 billion by 2030, according to a May 2025 Markets and Research report. CAGR of 13.4% in Market The report attributes the growth of the British cybersecurity insurance market to increasing regulations and growing awareness of cyber threats among … Read more

US Cyber Insurance Market Sees 5% Rate Decline Amid Evolving Threats

Cyber Insurance Rates Drop Amid Stable Market Conditions The US cyber insurance market saw a 5% average rate decrease in Q4 2024, continuing a trend of pricing stability. Marsh reported that favorable conditions are expected to persist into 2025. Companies improved their cybersecurity controls, which underwriters viewed positively. Organizations also adjusted their insurance programs. Many … Read more

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