The Source for Cyber Insurance News, Insights and Data
Artificial Intelligence Risk We hear about artificial intelligence reshaping cybersecurity. We hear about hackers wielding AI tools. Now, broader AI concerns are entering the spotlight. A recent Hogan Lovells post emphasizes that existing cyber insurance may not be sufficient to cover AI-driven risks. “Existing cyber cover might encompass certain AI-related liabilities, but the cyber market … Read more
New Cyber Insurance Product Offers Uncapped Coverage and Proactive Services CFC has launched a new cybersecurity insurance product dubbed Cyber Proactive Response (CPR). It’s designed for businesses with up to €250 million in revenue. In announcing the news, CFC stated that the product includes two industry firsts, removes six exclusions, and features 30 new coverage … Read more
It’s not a new thought. But anything this profound needs ongoing coverage and consideration. Artificial intelligence (AI) is reshaping the world, and it is only just the beginning. The AI insurance risks to the industry are no exception. That is raising concerns about risk exposure and policy coverage. A new blog, Woodruff Sawyer, is the … Read more
As the cyber insurance market enters 2025, signs of stabilization mark the industry landscape. Following the softening conditions in 2024, the market offers buyers improved options, including higher coverage limits, competitive pricing, and enhanced risk management services. The insights in this article are drawn from the “2025 Cyber Insurance Market Conditions Outlook,” from Gallagher. Despite … Read more