Onda Launches Onda X Cyber Insurance for Mid-Market Companies in the UK and France

Onda, a Lloyd’s-backed cyber MGA, has unveiled Onda X, a new cyber insurance product tailored for mid-market firms across the UK and France. Targeting companies with annual revenues between £100 million and £1 billion, Onda X offers primary and excess coverage limits up to £5 million to protect against cybercrime. As noted in the press … Read more

Capito, Hickenlooper Reintroduce Bipartisan Cyber Insurance Bill for Small Businesses

Senators Shelley Moore Capito (R-W.Va.) and John Hickenlooper (D-Colo.) reintroduced the bipartisan Insure Cybersecurity Act to safeguard small businesses against rising cyber threats. According to Accenture’s Cybercrime study, nearly 43% of cyber-attacks target small businesses, yet only 14% feel adequately prepared despite spending between $826 and $653,587 per incident. As many know, 95% of breaches … Read more

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