Cybersecurity

Beazley Appoints Patricia Kocsondy as Head of Global Cyber Digital Risks

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Beazley, a leading specialty insurer, has appointed Patricia Kocsondy as the Head of Global Cyber Digital Risks. Kocsondy will be responsible for shaping the global product and distribution strategy for Beazley’s cyber business under $250 million. This strategic move aims to ensure that Beazley’s products and services cater to the needs of companies in this … Read more

KYND and Consilium Forge Alliance to Strengthen Cyber Risk Management in the Insurance Landscape

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In a strategic move to fortify its position in the face of escalating cyber threats, KYND Limited, a leading cyber risk management company, has joined forces with Consilium, the international insurance broker. The collaboration aims to empower Consilium’s insurance brokers with KYND’s cyber risk assessments, facilitating a comprehensive understanding of clients’ exposure. This initiative is … Read more

Global Cyber Insurance Market Set to Reach USD 75.61 Billion by 2032

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According to the latest analysis by Emergen Research, the global cyber insurance market, valued at USD 11.88 billion in 2022, is poised to experience a remarkable revenue CAGR of 20.4% through 2032. The escalating number and sophistication of cyber threats are fueling the surge. These include data breaches, ransomware attacks, and insider threats. The increasing … Read more

Upfort and Arch Insurance Partner to Uplift Cyber Resilience for SMEs

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In a strategic cyber insurance alliance, Upfort and Arch Insurance have joined forces to enhance cyber resilience for small and medium-sized enterprises (SMEs). The collaboration aims to “transform” the cyber insurance landscape by prioritizing broad coverage, competitive pricing, integrated security solutions, and a digital experience through group programs developed with brokers. Cyber insurance premiums are … Read more

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