Cyber
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Sponsored ContentCyber risk never stands still – Pen Underwriting
Sponsored content: Ian Summerfield, head of cyber at Pen Underwriting, discusses trends in cyber crime and explains why brokers should talk to their SME clients about vulnerability hotspots
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NewsPen Underwriting expands SME cyber coverage range to counter evolving threat
’Our process of continual review, adjustment and improvement is aimed at ensuring customers have access to the most relevant and most responsive cyber policy possible,’ says managing director of international cyber, D&O and PI
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NewsMGA enters specialist cyber market with robotics and autonomous focus
‘Unmanned and electric aircraft, autonomous vehicles, automated factories, robotics, autonomous rail and many other advanced technologies have very specific, complex and technical cyber insurance requirements,’ says chairman
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NewsSigns cyber market ‘stagnating’ as premium growth slows – Moody’s
Europe’s “lower penetration rates and increased regulatory requirements” drove the majority of growth as worldwide premium increases slowed
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NewsMGAs are ‘at the forefront of innovation’ and could be the next ‘huge success story’ for reinsurance – AM Best
Expert believes that reinsurers need to be looking for the next growth area to engage in and steer, following the trajectory of the profitable cyber insurance market
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NewsCarriers’ cyber confidence sees new product creation continue ‘at a rapid pace’ – Gallagher Re
Regional carriers in the international market are ‘looking to set up a new cyber product for one or more of personal lines, SMEs or large corporates’, says chief commercial officer
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NewsJaguar Land Rover hit by cyber attack
’Our retail and production activities have been severely disrupted,’ says statement
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NewsDigital assets specialist appoints cyber veteran as new broker director
’We’re excited to have him on board as we continue building the future of digital asset insurance,’ says co-founder and chief executive
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NewsCyber insurance tipped as commercial brokers’ biggest opportunity
‘Both insurers and reinsurers are diversifying their strategies to tap into emerging risks, which will support growth in the cyber insurance market,’ says analyst
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NewsAround 70% of CISOs feel pressured to conceal cyber incidents
‘The reality is that too many executives and CISOs feel pressured to protect corporate reputation above compliance,’ says chief executive
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NewsPreventative incident response planning confirmed as key cyber security control – Marsh
‘Simply deploying key cyber security controls is no longer enough – these tools must be properly managed and comprehensively used,’ says managing director
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NewsFormer international rugby player joins Howden
‘I am a results-driven professional focused on building long lasting, meaningful business relationships, which makes Howden the perfect fit for me,’ says appointee
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NewsHigh five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 11 to 15 August 2025
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NewsOne in three SMEs have no form of cyber insurance
‘The rapid adoption of new tools, techniques and procedures by threat actors is outpacing traditional risk assessment models,’ says report
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News AnalysisBriefing: Does cyber insurance need its telematics moment?
’We’re now seeing the early signs of a cyber telematics model emerge, where insurance premiums reflect an organisation live security posture,’ says Google Cloud’s UK head of insurance, legal and financial services
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News AnalysisTechTalk: Directors face ‘real risk’ of liability in wake of cyber attacks
‘There should be no assumption that cyber risks are covered under a D&O policy,’ says law firm partner
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NewsHiscox plans raft of new product launches for 2025’s H2
The insurer is currently crafting numerous products to launch by year-end, as well as maintaining its hunt for suitable broker scheme opportunities, says chief underwriting officer
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NewsRecent international retail attacks ‘not big enough’ to harden cyber market
’Just based on very early discussion around this, it’s looking like this isn’t necessarily going to be a big claims event for the cyber insurance markets,’ says senior editor
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News AnalysisGreater appetite around reinsurers ‘rolling the dice’ on ‘immature’ cyber market
Softer market conditions are encouraging diversification strategies – however, the challenge and opportunity see-saw of branching into emerging risks presents a tightrope for reinsurers to navigate
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NewsLondon-based cyber risk management firm raises $4.7m
’We are delighted to back the team as they grow their international footprint and continue to lead innovation in cyber risk management,’ says investment director
