The Source for Cyber Insurance News, Insights and Data
Sophos has partnered with Capsule, a UK-based cyber insurance broker. The plan? Simplify insurance access for small and medium-sized businesses (SMBs) using Sophos cybersecurity solutions through managed service providers (MSPs). This program addresses the growing demand for cyber insurance and helps SMBs avoid long application processes and complex technical criteria. Chris Bell, senior vice president … Read more
The cyber insurance market is stabilizing as cyber underwriting practices and pricing models mature. Rate volatility is decreasing, and coverage options are expanding. A new report from Risk Placement Services (RPS) highlights key trends shaping the market in early 2025. It touches on cybersecurity, data breaches, ransomware, AI-powered cyberattacks, and AI as a defensive tool, … Read more
Resilience has expanded its partnership with UK-based insurer RSA to offer surplus lines of cyber insurance to US businesses through London’s wholesale market. The move allows companies with revenue between $75 million and $10 billion to access coverage outside traditional US markets. Expanded Cyber Insurance Capacity Resilience’s new initiative enables US clients to secure cyber … Read more
In the latest episode of the Cyber Insurance News and Information Podcast, host Martin Hinton dives deep into the complexities of cybersecurity insurance with industry experts Craig Sekowski (TheTechCollective.net) and Ralph Pasquariello (Care-Report.com). Together, they unpack the biggest challenges small businesses face in understanding cyber insurance, the critical role of cyber resilience, and the growing … Read more
Falcon Risk Services, an MGA majority-owned by HDI Global Specialty, has introduced FalconFlight, a Cyber, Technology Errors & Omissions (E&O), and Miscellaneous Professional Liability (MPL) insurance product. FalconFlight Cyber Liability provides up to $10 million in A+ rated capacity and is available to companies with annual revenues between $10 million and $3 billion. The product … Read more