The Source for Cyber Insurance News, Insights and Data
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
Rhône Risk has announced a nationwide rollout of its insurance and risk management service. The program is designed specifically for Managed Service Providers (MSPs) and is structured to offload insurance tasks, validate existing security tools, and support recurring revenue. MSPs are often expected to support their clients’ cybersecurity while also navigating the complex cyber insurance … Read more
Lack of Visibility Leaves Leaders in the Dark Cyber risk communication is broken. And then there’s the third-party risk and the “burnout.” Bitsight’s new “State of Cyber Risk and Exposure 2025” report reveals that only 28% of organizations say they’re “very effective” at communicating cyber risk to leadership. But a critical connection emerges: firms with … Read more