The Source for Cyber Insurance News, Insights and Data
Munich Re Group will acquire At-Bay, the US cyber insurtech. The price is $575 million. Munich Re announced the deal Wednesday. It should close in the first quarter of 2027, pending regulatory approval. At-Bay will sit inside Hartford Steam Boiler (HSB). HSB is Munich Re’s technology-focused specialty arm. It has backed At-Bay since the company’s … Read more
AXA XL announced Thursday it will acquire the remaining shares of S-RM. The specialty insurer already held roughly 49% of the London-based consultancy. AXA XL did not disclose financial terms. The deal needs regulatory approvals and should close by the end of September 2026. S-RM opened its doors in 2005 and now serves clients in … Read more
A Tel Aviv-based cybersecurity startup emerged from stealth this week with a platform that replaces manual cloud security workflows with AI agents (agentic cloud security). Copperhelm is backed by $7 million in seed funding. TLV Partners led the round. Participants included toDay Ventures, ICON, and SaaS Ventures Israel. Notable angel investors included Kfir Tishbi, Or … Read more
Beazley plc’s board has unanimously rejected a £7.67 billion ($10.3 billion) takeover proposal from the Zurich Insurance Group. The offer, announced on January 19, 2026 for 1,280 pence per Beazley share, is lower than a bid from Zurich last year, but still reflects a substantial premium on Beazley’s public valuation. That was not enough to … Read more
Bitsight, the provider of cyber risk intelligence, reported 30% growth in its cyber insurance business for the first half of fiscal year 2026 (February 1 – July 31, 2025), according to a press release issued today. This rapid growth stands in contrast with some bearish estimates of the growth of cyber insurance premiums. Swiss Re … Read more