The Source for Cyber Insurance News, Insights and Data
Stoik calls itself the “first MGA in Europe to empower brokers by providing their (SME) clients with insurance policy and protection against cyber risks.” “The fresh investment will support the company’s expansion across Europe as it enters its first market field, beginning with Germany. The €10 million arrives via lead investors Munich Re Ventures, and … Read more
In the ever-evolving landscape of cyber threats and data breaches, the cyber insurance market has emerged as a robust and rapidly growing industry. According to a recent report by market research institution P&S Intelligence, the cyber insurance market, which was valued at USD 11,904.6 million in 2022, is set to skyrocket to USD 48,328.4 million … Read more
According to the latest report by IMARC Group, Japan’s cyber insurance market is expected to grow at a compound annual growth rate (CAGR) of 23.10% during 2023-2028. This rapid growth is being driven by a number of factors, including: Cyber Insurance: A Must-Have for Businesses in the Digital Age Cyber insurance is an essential tool … Read more
Arch Insurance has unveiled Arch CyPro. This groundbreaking cyber insurance solution aims to proactively protect businesses in an ever-evolving landscape of cyber threats. With cyberattacks on the rise, Arch Insurance is seeking to redefine the standards for cyber insurance policies. Marilyn Marshall, Executive Vice President of Professional Liability and Cyber at Arch Insurance, emphasized the … Read more
The downside of blended insurance policies that include cyber with other coverage is well known. Blended policies can complicate underwriting and diversification and even create confusion and conflict between different types of insurance. Here’s a recent report of ours about potential conflicts between D&O and cyber insurance in light of new SEC cyber regs. Standalone … Read more