The Source for Cyber Insurance News, Insights and Data
Howden has unveiled its expanded US cyber practice to address the rising demand for cyber liability insurance among corporate clients. The new initiative launches a senior leadership team specializing in brokerage, underwriting, claims, and cyber risk strategy, reflecting the increased threats posed by ransomware and business interruption events. “Our own data shows that cyber protection … Read more
Cyber risk analytics firm Cyberwrite and global insurance broker Howden have expanded their partnership to deliver cyber risk insights. The partnership is now active in 52 countries and also available in seven languages. The press release announcing the news notes the expansion allows Howden brokers to offer actionable insights into cyber threats, helping businesses better … Read more
The new Howden 2025 report “Past the Pricing Peak” analyzes the global insurance and reinsurance markets amidst significant economic, geopolitical, and environmental challenges. With attention to shifting market cycles, the report underscores evolving trends and opportunities, particularly in the cyber insurance sector, which is becoming pivotal as risks diversify and intensify. A Transition to New … Read more
Howden has introduced Howden Safe+, a cyber insurance solution for mid-size corporations with revenues between $250 million and $2 billion. The platform reduces underwriting questions by 30%, aiming to streamline the procurement process without compromising coverage quality. Overall, it is an intriguing cyber insurance proposition for mid-size corporations. Developed in collaboration with Safe Security and … Read more
The Howden 2024 Cyber Report reveals a dynamic and evolving cyber threat landscape. According to NCC Group data, the frequency of ransomware attacks surged by 85% over the past year. This rise follows a dip due to geopolitical disruptions like Russia’s invasion of Ukraine. Ransomware remains the most costly form of cyber attack, driven by … Read more