The Source for Cyber Insurance News, Insights and Data
A ransomware crew hits the ticketing system hours before doors open. Screens go dark. Gates stay shut. Plans get scrapped. Fans vent disappointment and anger. The promoter files an insurance claim under the event cancellation cyber extension and then asks the hard question: Does it also cover cyber liability exposures? Event Cancellation Cyber Coverage Targets … Read more
In 2025, a series of cyber incidents hit businesses hard. Marks & Spencer stopped online orders and faced weeks of disruption. Jaguar Land Rover paused production and took major losses. npm supply-chain attacks put developer secrets at risk. Cloud outages at AWS, Azure, and Cloudflare caused widespread service failures. Tokio Marine HCC International documented these … Read more
Beazley plc’s board has unanimously rejected a £7.67 billion ($10.3 billion) takeover proposal from the Zurich Insurance Group. The offer, announced on January 19, 2026 for 1,280 pence per Beazley share, is lower than a bid from Zurich last year, but still reflects a substantial premium on Beazley’s public valuation. That was not enough to … Read more
Ransomware crews can cripple a firm in minutes. They can freeze files, block payments, and stop customer service. Digital Minister Liz Lloyd delivered that warning to insurance brokers at BIBA’s manifesto launch. Lloyd set the tone early, saying, “Cyber security is not optional.” She added, “It is foundational to our national security, our economy, and … Read more
Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated. “This new capital injection will enable us to accelerate a model … Read more