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Top News about Cyber Insurance
Houston-based Liongard, a leader in Attack Surface Management for MSPs and IT service providers, has appointed David Powell as its new Chief Revenue Officer (CRO). Powell brings over 28 years of IT and SaaS industry experience to the role, including success in driving growth and leading strategic initiatives. David Powell’s Industry Expertise Powell previously served … Read more
The pure-play insurtech Cowbell Cyber, which offers what it calls the “first continuous underwriting platform for cyber insurance,” has become a well-known brand in the cyber insurance sector since its founding a bit over five years ago. Last year the company expanded its solutions to clients with up to $1 billion in revenue and has … Read more
A new report from InsightAce Analytic Pvt. Ltd. examines the global cyber insurance market, forecasting significant growth through 2031. The report highlights a projected market size of over $91.22 billion by 2031, with a robust compound annual growth rate (CAGR) of 23.78%. Rising incidents of cybercrime, driven by increased online activity and social media use, … Read more
It’s been a year since public companies had to start complying with new SEC cyber incident disclosure rules requiring Form 8-Ks for “material” cyber events. Law firm Paul Hastings has now released a study of 75 disclosures from 45 companies between December 2023 and October 2024. It shows a 60% increase in the number of … Read more
The 2024 Cyber Market Report, issued by Tokio Marine HCC, examines the shifting dynamics of the U.S. cyber insurance industry. It highlights challenges such as slowed growth, evolving threats, and the increasing need for innovative risk management strategies in the US cyber insurance market. The U.S. cyber insurance market is navigating a turning point. Once … Read more