Cyber Insurance Market Size is Growing Fast But Cyber Insurance Rates Are Shrinking?

We routinely report on cyber insurance market size estimates and related industry studies from various insurance and research companies; see a summary table at the bottom of this post. But two new studies released on the same day (10/23/25) demonstrate the challenges of evaluating this market. One study, Marshโ€™s Global Insurance Market Index, reports global … Read more

AI Risk: Cyber Insurance Ransomware Past Warns of Faster, Bigger AI Pain

In the latest episode of the Cyber Insurance News & Information Podcast, host Martin Hinton sits down with AI Risk expert Erin Kenneally, founder of Elchemy, to explore one of the most pressing questions in technology and insurance today: What happens when AI fails and who pays for it? The conversation dives deep into AI … Read more

“We’re Still One Big Systemic Event Away”: A Conversation with Willisโ€™ Peter Foster

WTW Logo in article with Peter Foster on Cyber Insurance Market.

The Biggest Threat: Concentrated Vendor Risk Peter Foster does not hesitate. “The third-party risk is the systemic risk that most underwriters worry about,” he says. “If you compromise 100 to 1,000 companies at a single point of failure, that’s the future risk that’s also here and now.” Foster, Chairman of Willisโ€™ Global FINEX Cyber Solutions, … Read more

Cowbell Expands Cyber Insurance Leadership with Strategic Mid-Market and Claims Appointments

Cowbell, a provider of adaptive cyber insurance and specialty coverage for small and mid-sized businesses, announced two senior appointments to accelerate growth in North America and enhance claims operations. Jessica Klipphahn and Stephanie Hewerdine have joined the firm. North America Mid-Market Expansion Jessica Klipphahn joins Cowbell as Head of North America Mid-Market, bringing over 15 … Read more

Extortion and Ransomware Drive Over Half of Cyberattacks, Microsoft Warns in 2025 Digital Defense Report

Hero image for Microsoftโ€™s 2025 Digital Defense Report article showing a glowing digital padlock and bold headline, โ€œOver Half of Cyberattacks Are Driven by Extortion and Ransomware,โ€ symbolizing cyber insurance, ransomware defense, and data protection.

A New Era of Cyber Threats An increasingly evident arms race is unfolding in cyberspace. Algorithms duel, AI fights AI, and every click could spark a crisis. Microsoft’s new Digital Defense Report 2025 warns that the digital battlefield has gone fully commercial โ€” and cash, not chaos, is the new currency of attack. In 2025, … Read more

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