The Source for Cyber Insurance News, Insights and Data
Marsh, a global leader in insurance brokerage and risk advisory, recently unveiled Edgware Re Ltd.. The Bermuda-based group captive insurance company is focused on cyber insurance. This launch comes at a time when the cyber insurance industry is experiencing rapid evolution, driven by the escalating frequency and sophistication of cyber threats. Edgware Re is tailored … Read more
Integra Insurance and Reinsurance Broking Services, a leading cyber insurance broker in Turkey, announced its adoption of CyberCube’s Broking Manager. In doing so, Integra becomes the first Turkish broker to use this cyber risk analytics platform. This step is part of Integra’s strategy to expand its cyber insurance business and enhance its competitive position in … Read more
Here it is—Your Cyber Insurance Sunday—Upload—A few items from the week. Some we reported on, and others we found interesting. Howden and Cyberwrite team up: A look at the impact of NIST’s Cybersecurity Framework: A Sunday read on the history of Cyber Liability Insurance: And the cherry on top, coverage for bakeries. There’s more. Take … Read more
Boston-based CyberSaint has successfully raised $21M in Series A funding to fuel its global expansion and further develop its innovative CyberStrong platform. This strategic infusion of capital, led by Riverside Acceleration Capital (RAC), with contributions from Sage Hill Investors, Audeo Capital, and BlueIO, marks a significant leap in cyber risk management solutions. Jerry Layden, CEO … Read more
The cyber insurance market is set to expand significantly, reaching a projected value of USD 68.35 billion by 2032, up from USD 8.2 billion in 2022. This forecast comes from Market Research Future (MRFR), which anticipates a compound annual growth rate (CAGR) of 26.57% between 2023 and 2032. An increase in cyber threats linked to … Read more