SEC Adopts New Rules on Cybersecurity Risk Management
The Securities and Exchange Commission adopted rules requiring registrants to disclose material cybersecurity incidents they experience
Cyber Insurance News
SME Insurance Survey indicates that the cyber risks increased for 50% enterprises
GlobalData’s UK SME Insurance Survey indicates that almost 50% of medium-sized enterprises are aware that the cyber risks they face have increased
Insurtech Coalition announced cyber and E&O insurance in Quebec
Cyber insurance agent and cyber-security insurtech Coalition announced its cyber insurance and technology errors and omissions (E&O) insurance
Zurich North America brought to market a cyber insurance Concierge
Zurich North America, a cyber risk solutions provider, has brought to market a cyber insurance module aimed specifically at mid-market businesses.
Hackers accessed to American National Insurance and Sun Life’s insurance data
US workers’ compensation direct premiums earned rose 4.3% year over year in the first quarter, and the industry’s overall direct loss ratio deteriorated by 2.3 percentage
Cyber insurtech Corvus launches new AI- & NLP-driven features
Corvus Insurance, the cyber underwriter powered by a proprietary AI-driven cyber risk platform, announced new AI- and NLP-driven features
Cyber insurance broker INSUREtrust introduced product Cyber Pre-Check
INSUREtrust, a specialized cyber insurance and risk management broker under Starwind Specialty, has introduced Cyber Pre-Check
WTW Cyber Quantified Model helps insurers evaluating cyber loss
WTW has announced new release of enhanced Cyber Quantified Model, designed to assist companies in evaluating cyber loss potential and optimising risk management
Insurer Tokio Marine Kiln establishes Cyber & Enterprise Risk division
Specialist insurer, Tokio Marine Kiln (TMK), has established a standalone Cyber & Enterprise Risk division as part of its effort to expand its presence in the cyber market
Cost of a cyber data breach averaged $4.35 mln
Reaching an all-time high, the cost of a data breach averaged $4.35 mln in 2022. This figure represents a 2.6% increase from last year
Coalition launched a new version of Executive Risks Insurance products
Coalition has launched a new version of its Executive Risks Insurance products for not-for-profit organisations
CyberCube entered into a partnership with Aviva for suite of cyber solutions & services
Aviva, the UK’s insurer, is to roll out a broad range of products from CyberCube, the cyber risk analytics firm, to support the growth ambitions for its cyber book
Corvus launches Cyber & Tech E&O program with Core Specialty
Corvus Insurance, the cyber insurtech, powered by a proprietary AI-driven cyber risk platform, launches of a new program with Core Specialty to support the expansion of the… Read More »Corvus launches Cyber & Tech E&O program with Core Specialty
Insurtech Coalition released the framework Active Cyber Risk Model
Cyber Insurtech Coalition released the Active Cyber Risk Model, a practical framework for understanding cyber risk aggregation that provides an ongoing view
Cyber insurtech Coalition will enter the UK excess cyber insurance market
Cyber MGA insurtech Coalition has announced it will enter the excess cyber insurance market in the UK to help protect businesses with enhanced coverage
Insurance Europe responded to methodology for cyber stress testing for insurers
Insurance Europe has responded to a discussion paper by the European Insurance and EIOPA on methodologies for cyber stress testing for insurers
Insurtech CyberSmart raised 12.8 mn pounds in a Series B round
Insurtech CyberSmart — which provides cybersecurity solutions for small- to medium-sized businesses (SMBs) — has raised 12.75 mn pounds ($15 mn) in a Series B round
CyberCube launches of Prep Module, a SaaS solution for nsurance brokers
Cyber risk analytics provider CyberCube has announced the launch of Prep Module Version 1.0, an add-on module of Broking Manager
Coalition expanses of cybersecurity insurance for US large enterprise businesses
Cyber insurtech Coalition has announced the expansion of its cybersecurity insurance offering in the US to large enterprise businesses with revenues up to $5 bn
Global average total cost of a data breach growth up to $4.88 mn
In the first half of 2025, there were approximately 1,732 publicly reported data breaches in the United States, an increase of 11% compared to the same period in 2024
Blockchain cybersecurity platform Ironblocks raised $7 million in Seed round
Ironblocks, a blockchain-native cybersecurity platform, has announced that it has raised $7 million in Seed round co-led by Collider Ventures and Disruptive AI
Cybersecurity startup Descope raised $53 mn in Seed funding led by Lightspeed Venture
Cybersecurity startup Descope announced that it has raised $53 million in Seed funding and launched its new authentication platform
Cyber insurtech BOXX Insurance raised $14.4mn in Series B funding
Toronto-headquartered Cyber insurtech BOXX Insurance has raised $14.4mn in Series B funding round led by insurance giant Zurich
Cyber insurtech Baobab raised €3mn from venture fund Augmentum Fintech
Berlin-based cyber insurtech Baobab has raised €3mn from fintech venture capital fund Augmentum to offer cyber insurance to small and medium-sized enterprises (SMEs).
Israeli startup Guardz sequred $10 mn led by Hanaco Ventures
Israeli cybersecurity startup Guardz has emerged from stealth with $10 million in backing from Hanaco Ventures, iAngels, GKFF Ventures, and Cyverse Capital.
Cyber cloud data startup Sentra completed of a $30 mn Series A funding
Sentra, a cloud data security company, announced the completion of a $30 million Series A funding round led by Standard Investments, with participation from Munich Re Ventures
Munich Re launched Reflex, a proactive cyber risk management program
Munich Re Specialty Insurance has launched Reflex, a proactive cyber risk management program offering complimentary risk control services
WTW launches new Lloyd’s excess layer cyber facility, called CyXS
WTW has launched an excess layer cyber facility, called CyXS, which is available to WTW clients globally who purchase excess layer cyber programmes
Cyber insurance provider Coalition approved Lloyd’s coverholder in the UK
Coalition is now even better placed to deliver its Active Cyber Insurance to licensed territories around the world
Insurers asked UK government about reinsurance cover state-backed cyber attacks
Insurers have held discussions with the UK government over whether its terrorism reinsurance scheme should cover state-backed cyber attacks
Re/insurance industry is showing strong momentum. Fund and Insure domain as the big opportunity—potentially generating $17 tn in gross value by 2035
Global reinsurance market has entered a post-peak pricing phase, with earnings expected to moderate in 2025–2026
Cyber threat actors’ tactics, techniques, and procedures are constantly evolving, exposing cyber insurers to an ever-changing loss mix
The global reinsurance sector has undergone a notable transformation since the market reset, drawing sustained attention from investors and analysts