Cyber Insurance

Top News about Cyber Insurance

Cyber Liability Insurance Boosts Aerospace Insurance Market Growth

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Technavio’s latest report, Aerospace Insurance Market Analysis, predicts that the global aerospace insurance market will expand by USD 819.3 million from 2024 to 2028. That’s a CAGR of 4.48%. This is driven by the expansion and construction of new airports and a notable shift towards non-airline aviation services like charter flights. Cyber Liability Insurance One … Read more

APAC Faces Rising Cybercrime: Lexasure and OneDegree Global Launch Digital-First Cyber Insurance Platform

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The Asia-Pacific (APAC) region faces a significant surge in cybercrime, driven by rapid digitalization and the widespread adoption of new technologies such as cloud computing, blockchain, and the Internet of Things (IoT). According to Statista research, the global cost of cybercrime is currently estimated at over seven trillion U.S. dollars and is expected to increase … Read more

CrowdStrike Launches “Falcon for Insurability” to Enhance Cyber Insurance Eligibility

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In a collaborative effort to strengthen digital defenses and improve cyber insurance accessibility, CrowdStrike has unveiled its new Falcon for Insurability program. This initiative is designed to help organizations qualify for cyber insurance with top-tier protection at preferred rates. The program allows insurers like Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition, … Read more

At-Bay Expands Cyber and Tech E&O Coverage to Large Businesses

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When it comes to cybercrime and security, size doesn’t matter—bad actors will take anyone’s hard-earned value for themselves. Small, medium, and large enterprises face risk daily. In a move to combat this reality and the ever-present threat of cybercrime, At-Bay announced the expansion of its Cyber and Tech Errors & Omissions (E&O) coverage. The insurance … Read more

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