Diversification and Mitigation Slash Cyber Insurance Losses by 60%

Planting More Than One Crop Against Cyber Storms A farmer who plants only corn risks losing the harvest if blight strikes. A diverse field, with wheat and beans mixed in, weathers trouble better. CyberCube’s new report says insurers face the same choice. Diversifying cyber insurance portfolios and strengthening cybersecurity controls protects against catastrophic losses. A … Read more

Cyber Claims 2025: Allianz Report Shows 50% Drop in Claim Severity but Rising Risks

Compared to the same period last year, cyber claim severity dropped by more than 50% in early 2025, according to Allianz Commercial’s new Cyber Security Resilience 2025 report. The findings highlight stronger defenses among insured firms, but also reveal expanding risks from data theft, supply chain disruption, and privacy litigation. Claims Decline in Severity, but … Read more

Manufacturing Cyber Resilience Shock: JLR Cyberattack Halts Production as LevelBlue Warns of Rising AI Threats

Manufacturing Leaders Brace for Complex Attacks Following an August cyberattack, Jaguar Land Rover has kept factories shut. The pause now lasts for weeks and is expected to extend into October, disrupting production and supply chains across the UK and Europe. Government officials are considering emergency measures to mitigate the impact and address supply chain cyber … Read more

McGowan Acquires Insurtech Digital Wholesaler Limit Insurance

The McGowan Companies has confirmed the acquisition of insurtech digital wholesaler Limit Insurance in an announcement. The deal arrives as demand for cyber liability coverage accelerates. McGowan executed the transaction via an asset purchase agreement. “Since its founding, Limit Wholesale has been ‘breaking the mold’ of the wholesale insurance brokerage industry and has become the … Read more

TMK Launches Enhanced Cyber Ctrl Suite with Expanded Cyber Insurance Coverage

Tokio Marine Kiln (TMK) has launched its next-generation Cyber Ctrl suite, expanding its cyber insurance coverage. The suite includes new insuring agreements, fewer exclusions, and broader protections. TMK added Professional Ctrl, which combines Technology, Media, and Errors & Omissions (E&O) coverage with cyber risk protection. Expanded Coverage and New Cyber Policy Protections The updated Cyber … Read more

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