The Source for Cyber Insurance News, Insights and Data
A few days ago we reported this, Cyber Insurance Market Soars. The piece noted, “Approximately 50%, of the Asia-Pacific (APAC) region is poised to witness the most rapid [cyber insurance] expansion in the years to come.” On the back of that news, this report, Canopius expands APAC team Canopius, a specialist insurance underwriter, has announced … Read more
Trium Cyber, a US-based Lloyd’s of London cyber specialist, is expanding its reach by opening an office in London. The move will improve services to clients outside of the United States. Amie Watson, who takes on the role of Head of International Underwriting will oversee the office. The London office will focus on writing excess … Read more
The cybersecurity landscape is evolving rapidly, and the recent SEC (Securities and Exchange Commission) rules have added a new layer of complexity for public companies. Jeremy King of Olshan Frome Wolosky has delved into the crucial issues surrounding cyber risk management and the implications of these rules. Below we explore the insights shared by Bloomberg … Read more
Arch Insurance has unveiled Arch CyPro. This groundbreaking cyber insurance solution aims to proactively protect businesses in an ever-evolving landscape of cyber threats. With cyberattacks on the rise, Arch Insurance is seeking to redefine the standards for cyber insurance policies. Marilyn Marshall, Executive Vice President of Professional Liability and Cyber at Arch Insurance, emphasized the … Read more
The global Cyber Insurance Market is poised for substantial growth. New research expects it to reach a staggering USD 97.6 billion by 2032. Analysis from Acumen Research and Consulting indicates this surge is driven by the escalating frequency and severity of cyber-attacks worldwide. Cyber insurance, designed to cover financial losses resulting from cyber threats such … Read more