Insurers risk ‘not being there for society’ if cyber challenge isn’t met: Lloyd's Tiernan
Lloyd’s Patrick Tiernan has warned the insurance industry risks becoming less relevant to customers if it doesn’t address the problem of cyber
21% of Marsh clients reported a cyber incident in 2023
Broker Marsh has revealed that 21% of its cyber insurance clients experienced a cyber incident in 2023, up from 28% the previous year
Vantage Risk introduces US primary cyber insurance
Vantage Group Holdings will begin offering US primary cyber insurance with up to $10m in coverage capacity
CFC Canada swoops on Coalition for cyber leader
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.
Cyber rates stabilizing on the back of enhanced cybersecurity measures: McGriff
The cyber insurance market is seeing rates stabilize, but concerns are high over the potential impact of artificial intelligence
Stark increase in cyber attack damages for German companies: KPMG
More than half have reported escalating cyber-related total losses
IAG Launches specialist SME Cyber Underwriting Agency
IAG has partnered with UpGuard and Crawford & Company to deliver a product aimed at companies with revenues of up to A$10m
Global cyber rates increased 1% in Q2: Marsh
A fall in US cyber rates was offset by increases in the UK, Europe and Asia
Beazley grows cyber book by 14%
Beazley foresees strong demand for cyber products in the European market
