ABI

Insurers Ranked The Controls That Work. Staff Training Came First.

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Cyber insurance controls headline card over the City of London skyline and Tower Bridge, reading eleven controls, six beyond Cyber Essentials, in new ABI guidance.

The Association of British Insurers has published what its members’ claims data says actually reduces cyber losses. Several of the controls sit outside Cyber Essentials entirely, including backups. The Association of British Insurers has published good practice guidance on cyber resilience, setting out the cyber insurance controls its members regard as most effective. The document … Read more

Insurers Rule Out A Cyber Insurance Backstop As Capacity Hits Record Highs

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The Association of British Insurers and PwC UK set out where the market has grown, where cover stops, and how much of the small business sector still buys nothing. The Association of British Insurers has published its UK Cyber Insurance Market Assessment, produced with PwC UK, and it carries a direct statement of position. Structural … Read more

ABI and Lloyd’s Publish Comprehensive Guide on Defining Major Cyber Events

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An action plan is crucial for any company facing a crisis, and when it comes to cyber events, having a well-defined strategy can make all the difference. The newly released guide, “Components of a major cyber event: a (re)insurance approach,” from the Association of British Insurers (ABI) and Lloyd’s of London, serves as an action … Read more

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