The cyber insurance market in Apac represents a small proportion of the total cyber market, but demand is growing strongly

Filippo Cibin joins from Fusion Specialty to lead CFC’s transaction liability business in southern Europe

The average cost of a business email compromise claim has more than doubled to $183,000 in 2023, the company said

Middle-market insureds will benefit from $5M primary and excess limits

Vanessa Maxwell remains global head of financial lines alongside her new role

Canopius Group has appointed Talbot’s Chris Getty as cyber and technology underwriter

Lloyd’s Patrick Tiernan has warned the insurance industry risks becoming less relevant to customers if it doesn’t address the problem of cyber

Broker Marsh has revealed that 21% of its cyber insurance clients experienced a cyber incident in 2023, up from 28% the previous year

Vantage Group Holdings will begin offering US primary cyber insurance with up to $10m in coverage capacity

The rising number and sophistication of cyberattacks are increasingly eroding the creditworthiness of companies, Moody’s has warned.

MGA Nirvana has announced the renewal of its Media/Technology Errors & Omissions and Cyber (MTC) binding authority and added two Lloyd’s syndicates, Scor and Argenta, to its capacity panel.

The Baldwin Group has launched an API-connected platform designed to streamline cyber insurance underwriting, backed by six top cyber carriers.

Kelly McGuinness’s appointment as the new cyber, tech, and professional liability development leader marks the first major appointment by newly-appointed chief executive Kate Della Mora.

Companies with revenues of less than $10m will see a ‘particular focus’

Incyde Risk, backed by Mosaic 1609 and other Lloyd’s syndicates, will provide up to $25m in capacity on a primary and first-excess basis

The cyber insurance market is seeing rates stabilize, but concerns are high over the potential impact of artificial intelligence