The Source for Cyber Insurance News, Insights and Data
Antigen Security has partnered with Integrated Business Systems (IBS) to launch a new Cyber-Insurance Savings Program, helping financial firms reduce their cyber insurance costs. At the same time, they improve resilience against digital threats. Antigen Security’s CEO Steven Legg added, “Together we streamline underwriting and improve claim outcomes while lowering total cost of risk.” Program … Read more
JPMorganChase’s Security and Resiliency Initiative Examined Yesterday, JPMorganChase announced a $1.5 trillion Security and Resiliency Initiative, a 10-year plan designed to enhance America’s economic and digital strength, improving critical industries. While “cybersecurity” is only mentioned directly in one of the four pillars, investment in it quietly powers all of them. CEO Jamie Dimon emphasized urgency … Read more
The World Economic Forum has a message for every CISO: the job has outgrown its technical shell. Boards must empower security leaders, and CISOs must speak the language of business. The report calls cybersecurity a core business imperative, not a side function. It urges boards to treat the CISO as a strategic enabler of growth, … Read more
The McGowan Companies has confirmed the acquisition of insurtech digital wholesaler Limit Insurance in an announcement. The deal arrives as demand for cyber liability coverage accelerates. McGowan executed the transaction via an asset purchase agreement. “Since its founding, Limit Wholesale has been ‘breaking the mold’ of the wholesale insurance brokerage industry and has become the … Read more
Cyber insurance claims are rising fast, with ransomware and business email compromise (BEC) driving record losses. NetDiligence’s 2025 Cyber Claims Study, based on 10,402 claims between 2020 and 2024, highlights how costs and downtime are hitting businesses harder than ever. The report paints a stark picture: small and medium enterprises (SMEs) face surging recovery and … Read more