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Top News about Cyber Insurance
Ancient Lessons Inspire Modern Cyber Insurance Fix For millennia, societies have relied on insurance to hedge against uncertainty. Ancient Romans pooled funds for fallen legionnaires. Merchants of old took out “bottomry” loans, which were forgiven if pirate raids sank their ships. Today’s cyber insurance market draws from these deep roots but faces modern challenges. This … Read more
New Cybersecurity Insurance Launched for Battery Storage Market McGill and Partners has introduced a new cybersecurity insurance product for the battery energy storage market. The global specialty insurance broker developed this product to address the increasing risks associated with cyber threats in energy storage systems. Why the Battery Sector Faces Cyber Risks Battery Energy Storage … Read more
Rising Portfolio Risks Drive Need for Strong Cyber Insurance Policy Coverage Private equity sponsors must now prioritize strong cyber insurance policy coverage. According to the law firm Proskauer, 2025 brings increasing portfolio risks from geopolitical instability, inflation, and cybercrime. They warn that legal and operational risks at the portfolio level can have a direct impact … Read more
Cowbell Enhances Claims Capabilities Cowbell has appointed Kirsten Maley as Director of Claims for the UK cyber insurance market. This new role aims to enhance Cowbell’s ability to support UK SMEs and mid-market businesses facing cyber risks. Maley brings over ten years of experience in the insurance industry, including more than six years focused on … Read more
Aon’s 2025 Global Cyber Risk Report offers a sharp warning: cyber incidents now cut shareholder value by 27% on average — a loss that no boardroom can ignore. The message is clear: a strong cyber risk insurance policy is no longer optional; it’s a frontline defense. Brent Rieth, Global Cyber Leader at Aon, opens the … Read more