The Source for Cyber Insurance News, Insights and Data
Compared to the same period last year, cyber claim severity dropped by more than 50% in early 2025, according to Allianz Commercial’s new Cyber Security Resilience 2025 report. The findings highlight stronger defenses among insured firms, but also reveal expanding risks from data theft, supply chain disruption, and privacy litigation. Claims Decline in Severity, but … Read more
Manufacturing Leaders Brace for Complex Attacks Following an August cyberattack, Jaguar Land Rover has kept factories shut. The pause now lasts for weeks and is expected to extend into October, disrupting production and supply chains across the UK and Europe. Government officials are considering emergency measures to mitigate the impact and address supply chain cyber … Read more
The McGowan Companies has confirmed the acquisition of insurtech digital wholesaler Limit Insurance in an announcement. The deal arrives as demand for cyber liability coverage accelerates. McGowan executed the transaction via an asset purchase agreement. “Since its founding, Limit Wholesale has been ‘breaking the mold’ of the wholesale insurance brokerage industry and has become the … Read more
Tokio Marine Kiln (TMK) has launched its next-generation Cyber Ctrl suite, expanding its cyber insurance coverage. The suite includes new insuring agreements, fewer exclusions, and broader protections. TMK added Professional Ctrl, which combines Technology, Media, and Errors & Omissions (E&O) coverage with cyber risk protection. Expanded Coverage and New Cyber Policy Protections The updated Cyber … Read more
Cyber Threats Dominate Business Concerns Cyber threats continue to be a top concern for U.S. businesses. That is according to the 2025 Travelers Risk Index. Recent events underscore the “no kidding” reaction we had to the findings. A ransomware attack on airport systems disrupted travel worldwide. Automaker Jaguar Land Rover, with sales and distribution networks … Read more