Analysis

What is stopping the creation of a public backstop for the cyber market?

By Tim Evershed 2025-07-15T06:00:00

backstop, cyber

‘The wider challenge is how do you plan long-term thinking in a short-term political environment?’ says broker cyber practice leader

The insurance industry has been calling for a public backstop for the cyber insurance market for several years now.

Insurers, brokers and others industry voices have repeatedly made the case for a cyber cover related backstop, using existing models Flood Re and Pool Re as examples – however, there has been little engagement from governments on either side of the Atlantic and progress remains thin on the ground.

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