Government has made it clear that it sees the insurance industry as central to its cyber resilience plans, so the insurance industry must respond
The ’challenge’ for the cyber market is turning complex data ‘into something brokers and clients can put to use’ and this newly created role is about ‘closing that gap’, says managing director of proactive and global cyber security services
Risk experts predict that captives will continue to grow in popularity as a tool to make hard to write risks ‘palatable’ for the insurance market – particularly during hard market cycles
‘The choice isn’t whether cyber risk will evolve, artificial intelligence guarantees that it definitely will – the choice is whether we build infrastructure fast enough to transfer this risk effectively,’ says chief executive
‘Lane Assist represents a genuine step change in how underwriting can be augmented responsibly using AI,’ says head
With insurers observing an ‘increase in the number of break-ins’ without alarm systems being triggered, a law firm partner suspects that this could reveal an emerging cyber risk in the high net worth property market
‘Dependencies on a small number of dominant providers create shared points of exposure across insureds,’ says director
’The cyber market continues to evolve rapidly as technology advances,’ says cyber managing director
’Small businesses are now at a greater risk of being targeted by threat actors,’ says chief underwriting officer
‘The data suggests a turning point in the economics of ransomware,’ says head of claims
’The broker also has to play a role as an advisor to the insurance buyer so that they understand the threats,’ says senior vice president
A surge of deals has triggered a new consolidation cycle that is redefining scale, competition and capability across the UK general insurance market. But questions remain around integration risk, broker dynamics and whether bigger will truly mean better.
In its 2026 manifesto, Biba proposed a UK cyber backstop to meet the risk of increasingly severe attacks and low cyber insurance penetration. But is this partnership feasible and could it effectively mitigate extreme systemic cyber risk?
‘Choice and competition mean premiums remain historically competitive, even as incidents rise, coverage diversifies and large cyber events become increasingly frequent and severe,’ says head of cyber and technology
‘What this story really highlights is that cyber risk in sport is no longer hypothetical,’ says law firm partner
Record cyber attacks in 2025 exposed entrenched supply‑chain vulnerabilities and caused widespread disruption to UK businesses, yet cyber insurance penetration remains low – what opportunities does the market see to protect businesses going forward?
‘Businesses need to understand how fines and penalties are treated across jurisdictions and ensure that their governance, reporting and compliance frameworks are robust,’ says head
‘Farmers are natural risk managers. They’ve been doing this for hundreds of years – in essence, since the dawn of man,’ says managing director
’We are pleased to continue working alongside our capacity partners, brokers and their clients to maintain the London market’s reputation for leadership in cyber,’ says class underwriter for cyber property damage and cyber distribution
’This coverage was developed in response to the growing demand for cyber cover for events as the risk of malicious cyber activity facing event organisers rises,’ says head
In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.
This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.