The Source for Cyber Insurance News, Insights and Data
Marsh and Resilience launched Cyber Protect across Asia today. The offering is available exclusively to organizations buying cyber insurance brokered by Marsh in the region. It is also available throughout Asia except in China. The release states the exclusion and does not explain it. What Cyber Protect Includes Clients who place cyber cover through Marsh … Read more
Asia is the next big opportunity in cyber insurance. That is the central finding of new joint research from United Insurance Brokers (UIB) and CyberCube, published this week. The report, “Unlocking Asia’s Cyber Insurance Opportunity: The Broker’s Role in Growth,” identifies the region as one of the most compelling growth frontiers in the global market. … Read more
Investment Strengthens Global Cyber Insurance Reach Coalition, a cyber insurance provider, announced a $30 million equity investment from Mitsui Sumitomo Insurance Co., Ltd. (MSI), a part of MS&AD Insurance Group. This investment expands their strategic partnership. It aims to increase the global availability of Coalition’s Active Insurance model for companies seeking to reduce digital risk. … Read more
In a region where data flows faster than the monsoon rains and cybercriminals lurk like digital pirates, the Asia-Pacific cyber insurance market is in a race to catch up. The game is on, and with cyber-attacks surging by nearly 50% annually, APAC is poised to secure its slice of the global cyber insurance pie. According … Read more
The Asia-Pacific (APAC) region faces a significant surge in cybercrime, driven by rapid digitalization and the widespread adoption of new technologies such as cloud computing, blockchain, and the Internet of Things (IoT). According to Statista research, the global cost of cybercrime is currently estimated at over seven trillion U.S. dollars and is expected to increase … Read more