The Source for Cyber Insurance News, Insights and Data
Converge, based in New York, has increased its cyber liability insurance capacity after reaching a new agreement with Lloyd’s of London and gaining more support from Obsidian Insurance Group. Now, companies with up to $5 billion in annual revenue are eligible for coverage. Middle Market Gains Access To Higher Cyber Insurance Limits Converge can now … Read more
NINJIO has introduced NINJIO Insights, a reporting platform that connects human risk management analytics to the needs of cyber insurance policies. Using Snowflake and Sigma, it provides real-time analytics on cybersecurity awareness training and phishing simulations, making it easier for organizations to show the improvements insurers look for. “Security teams don’t need more reports about … Read more
Credence Research’s March 2026 report provides one of the more aggressive recent estimates, valuing the global cyber insurance market size at $20.88 billion in 2024, projected to reach $118.97 billion by 2032 with a CAGR of 24.3% over the 2025–2032 period. This high base-year figure and elevated growth rate assume continued expansion of demand for … Read more
Enterprises are accelerating their deployments of artificial intelligence, yet cyber risk management practices continue to lag, according to a new global study from OpenText and the Ponemon Institute. The report highlights a widening gap between innovation and security readiness, raising concerns about AI governance across the cyber insurance and cybersecurity sectors. The study, Managing Risks … Read more
Tokio Marine Kiln (TMK) has appointed Francesca Kevill as Underwriter in its Cyber & Enterprise Risk team, enhancing its cyber liability insurance capabilities. She joins immediately and reports to Ellie Webb, Head of Delegated Cyber & IP. Ellie Webb, Head of Delegated Cyber & IP at Tokio Marine Kiln, said: “We’re delighted to welcome Francesca … Read more