The Source for Cyber Insurance News, Insights and Data
Top News about Cyber Insurance
Envelop Risk, a leading cyber reinsurance and analytics firm, has surpassed $1 billion in gross written premiums (GWP) since its 2018 launch. The company achieved a compound annual growth rate of 40% over this period. In addition, MS Reinsurance has renewed its capacity agreement with Envelop for another three years. Additionally, MS Reinsurance has signed … Read more
The cyber insurance market remains favorable to buyers, offering competitive pricing, broader coverage, and better terms, particularly for those who need cybersecurity measures. But, there is always a but. Simmering geopolitical tensions threaten this reality—conflicts between nations escalating present the potential to disrupt the “friendly” reality overnight. Amwins is out with their The State of … Read more
The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of cybersecurity among its member nations. “The EU Cybersecurity Index scored an average of 62.65/100, reflecting progress but highlighting gaps, particularly in vulnerability disclosure and R&D … Read more
CyberCube has partnered with HUB International, a global insurance broker and financial services firm, to provide cyber risk analytics to clients across North America. This collaboration enables HUB to use CyberCube’s software and services with its cyber risk assessment capabilities. HUB will utilize CyberCube’s Broking Manager to advise clients about their cyber risk and related … Read more
The European Commission has launched “infringement procedures” against a majority of its member states for failing to meet an October deadline to enact EU cyber security regulations. The regulations come in two packages: the NIS2 Directive, aimed at enhancing cyber security and the Critical Entities Resilience (CER) Directive, focused on safeguarding critical infrastructure. “The Commission … Read more