Lloyd’s Market Association

Most Small Firms Still Don’t Buy Cyber Cover. The Lloyd’s Market Is Writing Them A Simpler Policy.

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Cyber Insurance News story on small business cyber insurance, showing a small storefront at dawn as the owner turns the door sign

Fewer than one in 10 small businesses in the UK and Europe buy cyber insurance, says Munich Re’s Helga Munger. US adoption may run 20% to 30%. Insurers at a Zywave roundtable called that the market’s biggest opening. The Lloyd’s Market Association is about to publish a plain-English policy built to reach them. The Zywave … Read more

Lloyd’s Market Association Releases Framework for Systemic Cyber Risk Mitigation

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The Lloyd’s Market Association (LMA) has unveiled a critical framework for assessing systemic cyber risks, offering insurers and policymakers a robust tool to tackle the evolving digital threats confronting industries globally. As cyber threats become more sophisticated, this report highlights how interconnected systems and rapid technological advancements reshape risk landscapes and necessitate comprehensive risk management … Read more

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