The Source for Cyber Insurance News, Insights and Data
In a groundbreaking move, Howden has unveiled Howden Ventures with an impressive £500 million of delegated underwriting capacity. This initiative aims to establish an investment and risk incubator that will accelerate the development of insurance products. The move is pending approval from Lloyd’s. “MGAs are the innovation dynamite of the insurance industry. Cyber insurance, insurance … Read more
According to a new report by SNS Insider, the global penetration testing market anticipates reaching USD 4.13 billion by 2030, with a projected CAGR of 13.42% from 2023 to 2030. Several factors propel this growth, such as the rising sophistication of cyberattacks, the expanding embrace of cloud computing and mobile devices, and the growing demands … Read more
India is one of the world’s fastest growing economies. It should come as no surprise that a new Deloitte report asserts that the cyber insurance landscape in India is ready for substantial growth. That report, “Cyber Insurance in India,” sheds light on the sector’s burgeoning potential. As the nation accelerates its digital transformation, industries deeply … Read more
Aspen Insurance Holdings Limited has announced the appointment of Bobby Bianconi as its new Global Head of Cyber. Bianconi, a seasoned professional in the insurance industry, brings over a decade of dedicated underwriting experience to this role. He has been a part of the Aspen team since 2016, most recently serving as the Head of … Read more
FreightWaves, has published an article on the importance of cyber insurance for logistics and supply chain businesses. It highlights the increasing risk of cyberattacks on these businesses and the potential financial and reputational damage that can result. Cyber insurance can help logistics and supply chain businesses to mitigate the risks of cyberattacks and to recover … Read more