Munich Re Buys At-Bay For $575 Million

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

Insurers Ranked The Controls That Work. Staff Training Came First.

Cyber insurance controls headline card over the City of London skyline and Tower Bridge, reading eleven controls, six beyond Cyber Essentials, in new ABI guidance.

The Association of British Insurers has published what its members’ claims data says actually reduces cyber losses. Several of the controls sit outside Cyber Essentials entirely, including backups. The Association of British Insurers has published good practice guidance on cyber resilience, setting out the cyber insurance controls its members regard as most effective. The document … Read more

Insurers Rule Out A Cyber Insurance Backstop As Capacity Hits Record Highs

The Association of British Insurers and PwC UK set out where the market has grown, where cover stops, and how much of the small business sector still buys nothing. The Association of British Insurers has published its UK Cyber Insurance Market Assessment, produced with PwC UK, and it carries a direct statement of position. Structural … Read more

Crime Is Crime. The Invoice Is Not. New UK Research Puts Cyber Incidents At 28% Of Businesses

UK business crime and cyber insurance graphic showing a British high street shopfront split between a broken shop window with police tape and a ransomware lock screen, illustrating that only one in ten UK businesses hold a specific cyber insurance policy.

A burglar takes your stock. A hacker takes your Tuesday, your payroll run and your customer list. Both are crime. Both cost money. Only one of them gets insured properly. New research from business lender Capital on Tap surveyed 500 United Kingdom business owners in June 2026. More than one in four, 28%, reported a … Read more

Cowbell Launches OMNI With 53% Growth. Loss Ratio Is Too Early To Judge.

Cowbell’s new framework scores how much autonomy customers hand their AI systems. OMNI’s own settings are undescribed. Cowbell’s underwriters accept their AI’s pricing nine times out of ten. The company launched that AI today. OMNI reads submissions, weighs risk signals, and returns priced non-admitted quotes in minutes. Cowbell reports 53% growth in new business since … Read more

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