The Source for Cyber Insurance News, Insights and Data
Envelop Risk, a leading cyber reinsurance and analytics firm, has surpassed $1 billion in gross written premiums (GWP) since its 2018 launch. The company achieved a compound annual growth rate of 40% over this period. In addition, MS Reinsurance has renewed its capacity agreement with Envelop for another three years. Additionally, MS Reinsurance has signed … Read more
The cyber insurance market remains favorable to buyers, offering competitive pricing, broader coverage, and better terms, particularly for those who need cybersecurity measures. But, there is always a but. Simmering geopolitical tensions threaten this reality—conflicts between nations escalating present the potential to disrupt the “friendly” reality overnight. Amwins is out with their The State of … Read more
A new report from data management firm NetApp reveals that one in five companies—20 percent—fail to regain data lost as a result of a cyberattack, a scenario as devastating as a flood in which one in every five damaged homes is never rebuilt, leaving their owners with no option but to start over from scratch. … Read more
The “2024 Report on the State of Cybersecurity in the (European) Union” is the first report from the European Union Agency for Cybersecurity (ENISA) that provides an overall index of cybersecurity among its member nations. “The EU Cybersecurity Index scored an average of 62.65/100, reflecting progress but highlighting gaps, particularly in vulnerability disclosure and R&D … Read more
CyberCube has partnered with HUB International, a global insurance broker and financial services firm, to provide cyber risk analytics to clients across North America. This collaboration enables HUB to use CyberCube’s software and services with its cyber risk assessment capabilities. HUB will utilize CyberCube’s Broking Manager to advise clients about their cyber risk and related … Read more