ABI and Lloyd’s Publish Comprehensive Guide on Defining Major Cyber Events

An action plan is crucial for any company facing a crisis, and when it comes to cyber events, having a well-defined strategy can make all the difference. The newly released guide, “Components of a major cyber event: a (re)insurance approach,” from the Association of British Insurers (ABI) and Lloyd’s of London, serves as an action … Read more

CFC Launches European Cyber Team, Appoints Ilaria Silvato to Spearhead Growth

CFC has launched a dedicated European corporate cyber team to expand its cyber insurance services across Europe. The specialist insurer appointed Ilaria Silvato, former international underwriting manager for cyber risks at Beazley, to lead this team and drive its growth. Silvato, with 13 years in the insurance industry, brings extensive knowledge of the insurance cycle … Read more

Beazley CEO Praises Resilience Amid Cyber Claims, Maintains 80% Combined Ratio Goal

Beazley plc remains on track to meet its full-year guidance, reporting a 7% increase in insurance written premiums, reaching $4.6 billion by the end of Q3 2024. Net insurance written premiums also rose by 7%, totaling $3.8 billion, while premium rates on renewals remained steady as anticipated. The insurer achieved a robust investment return of … Read more

RSA’s 2025 ID IQ Report “Shocked”-Highlights High Costs of Identity Breaches and Shift Toward AI and Passwordless Security

In a landscape where digital security is paramount, RSA’s 2025 ID IQ Report underscores critical cybersecurity trends that organizations need to be aware of. Rohit Ghai, RSA’s CEO, frames the study as a reality check and a call to action. The report analyzes responses from over 2,000 cybersecurity, identity, access management, and tech professionals from … Read more

Cyber Monitoring Centre and British Chambers of Commerce join forces to analyze cyber incidents

More than a few people have declared that “Information is power.” But that’s the easy part. Getting it is the hard part. In today’s digital landscape, where cyber threats constantly evolve, timely and accurate information is crucial for businesses to understand, mitigate, and ultimately prevent disruptions. Recognizing this, the Cyber Monitoring Centre (CMC) has partnered … Read more

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