Cyber Insurance

Top News about Cyber Insurance

GoSecure to Provide Incident Response Services for Northbridge Insurance Policyholders

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GoSecure cybersecurity analyst monitors cyber threat alerts in a 24/7 incident response center, with GoSecure and Northbridge logos displayed, supporting proactive cyber incident management and insurance-backed response.

GoSecure has entered a strategic partnership with Northbridge Financial Corporation to enhance cybersecurity incident response for insured commercial clients. GoSecure will support cyber policyholders from Northbridge Insurance and Federated Insurance. Customers will gain 24/7 access to an incident response hotline, cybersecurity consultations, and threat prevention tools. Cyber Risk Management Through Proactive Services GoSecure will act … Read more

Move Over Wind & Earthquakes, Here Come Cyber Cat Bonds

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Wind (including hurricanes) and earthquakes have long been the “peak perils” that keep insurance executives up at night and dominate the $54 billion market for cat (catastrophe) bonds to backstop insurance and resinsurance companies. But now cyber cat bonds are moving up in demand, in part because cyber risk is (in general) uncorrelated with natural … Read more

Cyber Insurance Market Surges Toward $73.5 Billion by 2033

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Global Market Poised for Strong Growth – The cyber insurance market is projected to reach USD 73.5 billion by 2033. This estimate is courtesy of new research from the IMARC Group. It stood at USD 14.2 billion in 2024. This growth represents a 17.88% compound annual growth rate (CAGR) over the forecast period. Rising Threats … Read more

AM Best: Global Cyber Insurance Market Outlook Remains Stable Despite Softening Conditions

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Strong demand for cyber coverage and rising SME adoption support a stable outlook – AM Best has reaffirmed its stable outlook for the Global Cyber Insurance Market, citing persistent demand and solid growth drivers. This analysis is based on the newly released report, “Market Segment Outlook: Global Cyber Insurance.” The report notes “systemic risks from … Read more

Sygnia Expands Cyber Insurance Strategy with Appointment of Industry Veteran Elissa Doroff

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Elissa Doroff Appointed to Lead Strategic Insurance Partnerships Sygnia has appointed Elissa Doroff as Director of Cyber Insurance and Legal Partnerships. She brings two decades of experience in cyber and legal insurance. Her prior roles include senior positions at Mosaic Insurance, Lockton, Marsh, AXA XL, and AIG. Driving Insurance Integration with Cybersecurity Operations Doroff will … Read more

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