The Source for Cyber Insurance News, Insights and Data
A breach can shut a business down for months. Marsh wants insurers paying for that downtime in days, not after the recovery is over. Ransomware does not just lock files. It stops the business. AXA XL’s own claims data found 92% of ransomware incidents caused a business interruption, and the average company needed about two … Read more
Cyber insurance is becoming a key part of corporate risk management as cyber losses rise, threats spread more quickly, and many companies are still unprepared. This is the main message from Strengthening Cyber Resilience Through Insurance, a new report from the Geneva Association. According to the report, the median annual loss from a cybersecurity breach … Read more
A new market update from broker Lockton lands with a split-screen message for buyers and underwriters. The cyber insurance market kept softening, even as the threat environment hardened. Insurers chased growth and fought for renewals. Brokers regained leverage on terms. Claims teams, meanwhile, faced heavier files and longer cleanups. Key Cyber Insurance Market Takeaways Incidents … Read more
Parametrix has hired three new specialists: Eva Kwan, Albert Huang, and Kerri Colwell, as demand for cyber and digital infrastructure insurance continues to rise. Brokers are dealing with ongoing cyber losses, unexpected technology downtime, and SLA pressures that can quickly impact budgets. Parametrix aims to address these challenges with parametric coverage. Their products link payouts … Read more
The World Economic Forum’s Global Cybersecurity Outlook 2026 highlights that fraudsters are now a bigger concern than ransomware groups. The report, released today, warns that CEOs are most worried about phishing and cyber-enabled fraud, especially as AI makes these attacks more convincing, costly, and common. Fraud And Phishing Take The Top Spot According to the … Read more