The Source for Cyber Insurance News, Insights and Data
In the first quarter of 2024, the UK cyber insurance market has become increasingly buyer-friendly, characterized by abundant capacity and intense competition among insurers, according to Marsh’s report “Q1 2024 UK Cyber Insurance Report: Trends, Tips, and Strategies for Navigating the Digital Risk Landscape.” This competitive environment has driven significant rate decreases. “In the first … Read more
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on, and others we found interesting: Reports to note, Cobalt on Pentesting, Netwrix on global cyberattacks, SecurityScorecard “Redefining Resilience” in the digital economy. Aviva, RiskEye, and Berkley with human concerns. And partnership and acquisition news … Read more
Marsh, a global insurance broker, and risk advisor has expanded its Cyber ECHO facility by adding a $25 million layer to the existing $100 million capacity. This enhancement increases the total excess cyber insurance coverage available to Marsh clients to $125 million, establishing it as the largest facility of its kind in the market. The … Read more
Marsh, a global leader in insurance brokerage and risk advisory, recently unveiled Edgware Re Ltd.. The Bermuda-based group captive insurance company is focused on cyber insurance. This launch comes at a time when the cyber insurance industry is experiencing rapid evolution, driven by the escalating frequency and sophistication of cyber threats. Edgware Re is tailored … Read more
Marsh, a leading insurance broker and risk advisor, appointed Shannan Fort as International Cyber Product Leader of Marsh Specialty. The appointment is effective April 1. Based in London, she will report to Gregory Eskins and Kelly Butler. Fort joins from McGill and Partners, bringing 16 years of experience, including roles at Aon. In her new … Read more