The Source for Cyber Insurance News, Insights and Data
Deal Targets Middle-Market Cyber Risk Markel is giving eligible U.S. cyber insurance policyholders access to Upfort Shield to curb common attacks. The package adds AI automation, monitoring, training, and endpoint detection and response. The insurer aims to cut claim frequency as carriers tighten renewal standards. Markel said eligible policyholders can activate the tools alongside their … Read more
America’s wealthiest households are confronting rapidly escalating cyber threats, yet many remain significantly underinsured and lack adequate family and personal cyber insurance, according to new findings from the 2025 PRMA Private Client Insurance Insights Survey. The full survey results reveal a widening disconnect between rising digital risks and the protection strategies high-net-worth (HNW) families have … Read more
The Co-operative Group is a British operator of retail stores, funeral homes and other businesses. Like Marks and Spencer, another major UK retailer, the Co-op, which generates billion-of-dollars in yearly revenue, has been hit with a major cyber attack. But compared to Marks and Spencer, the Co-op appears to be grossly underinsured for cyber threats. … Read more
As the risks of AI grow alongside its benefits, many insurers are taking action to exclude AI-related liabilities from policies. But these AI insurance exclusions appear more common in coverage such as directors and officers (D&O) and errors and omissions (E&O) than cyber insurance, where insurers often cover AI liabilities and are adding coverage. These … Read more
The cyber insurance and cybersecurity markets are known for their buzzwords, which are often defined differently by various stakeholders. “Cyber warfare” is often used to describe attacks aiming at military or strategic impact, as opposed to hacks designed to steal money. A new market research report asserts this market represents app. $26.6 billion in spending … Read more