Cybersecurity

Cyber Insurance Risks Surge in 2025: Ransomware, AI Fraud, and Regulatory Pressures

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The RPC Annual Insurance Review 2025 highlights the growing risks in cyber insurance as attacks intensify and insurers adapt to evolving threats. Key issues include rising ransomware incidents, the impact of AI-driven fraud, and increased regulatory scrutiny worldwide. The report assesses significant insurance trends across key international jurisdictions and multiple business lines, covering topics such … Read more

Cowbell Names James Porter as Lead Underwriter for UK Cyber Insurance

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Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has appointed James Porter as the Lead Underwriter for its UK middle market segment. Porter will be responsible for underwriting and managing cyber insurance policies for SMEs and mid-sized businesses. News of note: Given our coverage of this Association of British Insurers (ABI) report … Read more

Breaking Down Cybersecurity Jargon: How to Make Cyber Resilience More Accessible

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The world of cybersecurity—and the cyber insurance industry that supports it—often feels like a walled garden, accessible only to those fluent in a language of acronyms and technical jargon. Terms like DDoS, MFA, and EDR require yet another layer of decoding, leaving employees and everyday users to navigate complex security concepts with little guidance. This … Read more

Few SMEs Have Cyber Insurance Despite Growing Cyber Threats, ABI Report Warns

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Small and medium enterprises (SMEs) vastly underestimate their risk of cyber-attacks, leaving them vulnerable due to low cyber insurance adoption, according to a new report from the Association of British Insurers (ABI). Despite making up 99% of UK businesses and generating over £2.6 trillion in turnover, SMEs remain under-protected from cyber threats. The ABI’s report, … Read more

Falcon Risk Services Introduces FalconFlight: Cyber and Professional Liability Insurance

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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

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