The Source for Cyber Insurance News, Insights and Data
Willis, a WTW business (NASDAQ: WTW), has named three senior leaders to its FINEX North America cyber practice. The new Willis FINEX North America cyber leadership team was appointed to further strengthen cybersecurity efforts for clients. The announcements took effect on May 27. Together, they signal a deliberate push to sharpen the broker’s cyber strategy … Read more
Willis reports that the cyber insurance market remained favorable for buyers in 2025. Both the number and severity of losses increased, but prices continued to fall. Competition since 2022 led to yearly premium reductions, and this trend continued through 2025, even as risks grew. But Willis notes a possible change ahead, with early 2026 showing … Read more
The Biggest Threat: Concentrated Vendor Risk Peter Foster does not hesitate. “The third-party risk is the systemic risk that most underwriters worry about,” he says. “If you compromise 100 to 1,000 companies at a single point of failure, that’s the future risk that’s also here and now.” Foster, Chairman of Willis’ Global FINEX Cyber Solutions, … Read more