The Source for Cyber Insurance News, Insights and Data
Cyber insurance is changing fast, and carriers now expect real, working security controls, not just promises on a form. Miss a baseline like MFA or patching, and a single breach can turn into a denied claim plus weeks of downtime. This guide breaks down the seven requirements most insurers look for and shows what happens … Read more
20/20 Vision for Cyber Risk – AOAExcel sees the cyber risk and the need for cyber liability insurance in optometry. Along with Lockton Affinity, they have launched coverage to protect optometric practices from the costs and reputational damage done by a cyberattack. A leading cyber insurer underwrites the coverage. The move targets rising cyber threats. … Read more
New Estimates of Cyber Insurance Market Size – We like to keep up to date on analysis of the size and growth of the cyber insurance market. Days ago Gallagher, the large cyber insurance broker, reported the cybersecurity insurance market is projected to surge from $16.66 billion in gross written premiums in 2023 to $120.47 … Read more
The Risk Placement Service (RPS) 2025 Cyber Market Outlook reads like a dashboard for the Cyber Insurance Market. Prices cool, capacity swells, and systemic exposures intensify. Vendors sit at the blast radius as incidents cascade across customers. AI accelerates crime and complicates coverage. Steve Robinson, RPS National Cyber Practice Leader, sets the stakes and the … Read more
Manufacturing cybersecurity now commands board attention. Rockwell Automation’s 10th “State of Smart Manufacturing” places cyber threats second among external risks, after economic conditions. Our coverage earlier this week highlighted extreme Operational Technology (OT) loss models nearing $330 billion. Business interruption alone could exceed $172 billion. The stakes for plants and insurers keep rising. Smart manufacturing … Read more