The Source for Cyber Insurance News, Insights and Data
Despite the growing adoption of cyber insurance across large enterprises, a striking gap remains in executive and boardroom engagement with these crucial policies. According to the 2024 Cyber Insurance Report by QBE North America and Zywave, only 38% of companies frequently discuss cyber insurance at the C-suite level, and fewer than 20% of boards are … Read more
The cyber insurance market is undergoing significant changes, driven by the increasing scale and sophistication of cyberattacks worldwide. The Bermuda Monetary Authority’s (BMA) 2023 Bermuda Cyber Underwriting Report highlights how emerging technologies, such as generative AI, heighten cyber risks by enabling more sophisticated and targeted attacks. This shift has fueled a surge in demand for … Read more
There is no shortage of reports on the cyber insurance market, but their value is undeniable, given the dynamic, persistent, and growing nature of cyber threats. With cyber risks constantly evolving, staying up to speed on cyber insurance market trends has never been more crucial. The latest State of the Market report from Amwins, a … Read more
The cyber insurance market is experiencing unprecedented growth, driven by escalating cyber threats and stringent regulatory requirements. A recent report by Morningstar DBRS, Cyber Insurance Market Growth Driven by Regulatory Changes and Rising Geopolitical Tensions, reveals that the market is poised for significant expansion in the coming years. Cyber insurance, a relatively new product, covers … Read more
InsightAce Analytic’s latest research reveals that the global cyber insurance market is on a significant growth trajectory, driven by escalating cybersecurity threats and regulatory mandates. Valued at $16.46 billion in 2023, the market is projected to soar to $90.26 billion by 2031, achieving a compound annual growth rate (CAGR) of 23.94% from 2024 to 2031. … Read more