The Leading Source for Cybersecurity Insurance News, Insights and Data
Lloyd’s has made a strategic investment in cyber technology firm BreachBits through its central innovation fund. This marks the third investment from Lloyd’s Lab alumni, following BreachBits’ participation in the…
Read More “Lloyd’s Invests in BreachBits to Boost Cyber Insurance Innovation” »
According to S&P’s Cyber Risk Insights: Cyber Catastrophe Bonds Offer Greater Scope for Risk Mitigation, the cyber ILS market is poised for significant expansion. With rising demand for cyber insurance,…
Read More “Cyber Catastrophe Bonds Poised for Growth Amid Rising Demand, Says S&P” »
Weeks after New York State announced new cyber regulations, the state’s Attorney General Letitia James has filed suit over breaches suffered by car insurer National General, now owned by Allstate…
Read More “New York State Uses Cyber Regulations to Go After Allstate Company For Repeat Breaches” »
Insurance wholesaler ProWriters, a digital distributor which has made a push in cyber insurance, is exploring a potential sale of its business, reports Insurance Insider US. Insurance M&A specialist Dowling…
Read More “ProWriters, a Cyber Insurance Wholesaler, Is For Sale: Report” »
As cyber threats continue to rise globally, the demand for advanced cybersecurity solutions has never been greater. Organizations of all sizes are increasingly investing in technologies that can prevent, detect,…
Read More “Sophos to Acquire Secureworks in $859 Million Deal, Expanding Cybersecurity Portfolio” »
Recent cybersecurity incidents have highlighted vulnerabilities in critical industries like healthcare, finance, and manufacturing, where breaches can disrupt services and expose sensitive data. The increasing complexity of cyberattacks has underscored…
Read More “Strengthening Critical Infrastructure Security: RKON Expands Cybersecurity Services” »
We’ve discussed other findings from the recent Bermuda Monetary Authority (BMA) report, but we’re also struck by the increase in cyber insurance captives and cyber ILS vehicles documented by the…
Inscora, a Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has secured $2 million in funding. The investment round was spearheaded by Luge…
Read More “Inscora Secures $2M to Drive Cyber Insurance for Brokers” »
Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has raised $60 million in Series C funding from Zurich Insurance Group. The funding will help Cowbell scale operations,…
Read More “Cowbell Secures $60 Million Series C Funding from Zurich Insurance Group” »
Bluecyber, a Brazilian insurtech focused on cyber insurance, recently announced a significant $1.5 million investment to extend its digital life protection services to SMEs and families across Latin America. This…