UK Businesses Paid £3.7 Billion In Litigation After Cyberattacks In 2025, Gallagher Report Finds

Once the ransomware ends and systems are restored, the board breathes a sigh of relief. But soon after, letters from shareholders’ lawyers arrive. New research from Gallagher and the Center for Economics and Business Research (CEBR) reveals the true cost of a major cyberattack for large UK businesses. In 2025, the total bill reached £11.7 … Read more

Cyber Risk Strategy Shifts as Directors Face Increasing Cyber Threats: Willis Survey 2025

Cyber Risk Strategy Directors and officers today navigate a relentless storm of cyber threats. Phishing attacks, ransomware demands, and weak cybersecurity controls amplify the cybercrime pressure leaders face daily. The weight of leadership grows heavier as cyber incidents demand constant vigilance. The latest survey by Willis underscores this reality, highlighting evolving global attitudes toward cyber … Read more

Cowbell Expands with Zurich: Adds D&O, EPL, Crime Coverage for US SMEs

Zurich Select Plus Launches Through Cowbell Cowbell, a cyber insurance provider for SMEs, has extended its collaboration with Zurich North America. This expansion introduces Zurich Select Plus, a suite offering Directors & Officers (D&O), Employment Practices Liability (EPL), Crime, and Fiduciary coverage. These lines are now available to U.S. small and mid-sized businesses through wholesale … Read more

Cyber Insurance Policy Coverage Now Critical Amid Portfolio Risks | Proskauer

Rising Portfolio Risks Drive Need for Strong Cyber Insurance Policy Coverage Private equity sponsors must now prioritize strong cyber insurance policy coverage. According to the law firm Proskauer, 2025 brings increasing portfolio risks from geopolitical instability, inflation, and cybercrime. They warn that legal and operational risks at the portfolio level can have a direct impact … Read more

How AI is Changing Insurance: Risks, Coverage Challenges, and Industry Adaptation

It’s not a new thought. But anything this profound needs ongoing coverage and consideration. Artificial intelligence (AI) is reshaping the world, and it is only just the beginning. The AI insurance risks to the industry are no exception. That is raising concerns about risk exposure and policy coverage. A new blog, Woodruff Sawyer, is the … Read more