The Source for Cyber Insurance News, Insights and Data
Cyber Insurance Policy Offers $100,000 in Coverage Concierge Cyber has launched Concierge Cyber InsurePLUS™, a standalone cyber insurance policy for small and medium-sized enterprises. Lloyd’s of London backs the policy, which provides eligible members with $100,000 in coverage against cyber incidents. Concierge Cyber My-CHOICE Endorsement Enhances Vendor Flexibility A key feature is the My-CHOICE™ Breach … Read more
Expanded Warranty Boosts Cyber Protection Capabilities CISO Global (NASDAQ: CISO) has increased the financial protection offered through its CHECKLIGHT® software. The warranty now covers up to $1 million per incident, with a $1.5 million annual cap per customer. This marks a fourfold increase from the prior $250,000 cap. The expansion, announced on May 29, 2025, … Read more
Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more
Cowbell introduces Prime One Tech to UK market Cyber insurance provider Cowbell has launched Prime One Tech, a new product offering professional indemnity and cyber coverage to UK tech companies with annual turnover up to £1 billion. The product offers coverage limits up to £5 million. It targets software, hardware, communications, and tech service firms … Read more
In its 2025 Annual Threat Report, cybersecurity firm Sophos warns that small and midsized businesses remain prime targets for evolving cybercrime. When it comes to cybercrime trends the report highlights ransomware as the leading threat, with old and misconfigured network devices opening the door to attacks. It also identifies a surge in email-based credential theft, … Read more