Cyber
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Latest NewsRegulation becoming ‘almost inevitable’ as cyber threats increase
The cyber threat environment is ’incredibly volatile’, adds chief executive
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Latest News
Russia-Ukraine conflict sees Beazley predict £41m plunge
The insurer’s chief executive, however, ‘remains confident’ in its combined ratio guidance for 2022
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Latest News
Staff complacency increases cyber risk for firms
Exactly 31% of respondents admitted to sharing workplace passwords
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Insight
Tinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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Latest News
UK cyber insurance pricing up by 102% – Marsh
The Russia-Ukraine war has put pressure on the insurance market
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Latest News
Businesses caught in cyber crossfire of Russia-Ukraine conflict cannot rely on insurance for protection – Databarracks
Businesses should focus on their resilience to cyber attacks as acts of war are excluded from cyber insurance cover
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Latest News
SMEs must ‘step up’ cyber security game amid Ukraine-Russia war – Aviva
Brokers have a key role to play in educating customers on cyber risk and resilience
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Latest News
Changing ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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Latest News
Cyber (re)insurers limit exposure to ransomware
Ransomware continues to shape the cyber risk landscape, explained Dwic roundtable panellists
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Latest News
Is AI the next ‘silent cyber’?
Experts predict that artificial intelligence governance will increase as insurers and reinsurers remain naïve around AI-related risks
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Latest News
UK ransomware attacks rise by 100% in 2021 – RPC
Despite the increase, businesses risk being underinsured until insurers ‘take matters of cyber security seriously’, says cyber and tech head
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Insight
Briefing: Industry’s appetite proves it needs to improve its menu
Insurers’ lack of appetite for cyber and climate-related risks will see industry’s relevance nosedive in the eyes of customers
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Insight
Cyber terror exposure fears at the heart of insurers’ reluctance to broaden cover
Wars now have the potential to be fought both online and offline. Insurance Times explores the industry’s appetite to cover terrorism or nation state cyber warfare risks
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Latest News
Beazley targets cyber book growth in 2022 following increased customer demand
Chief executive also celebrates insurer’s ‘largest profits in history’ following Covid-dented 2020
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IT Interview
D&O and cyber liability insurance is ‘maturing’ amid hard market – JM Glendinning
New capacity in these markets could come from ‘nimble’ MGAs, however brokers must have ‘grown up’ conversations with clients to successfully manage expectations around higher premiums and reduced coverage, says broker boss
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Latest News
KP Snacks supply chain crunches to halt after ransomware attack
Law firm partner warns that ’even the largest of organisations can fall victim to ransomware attacks and all businesses – large or small – must remain vigilant to this threat’
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Latest News
Encouraging survey reveals cyber insurance uptake on the rise
Survival is a ‘top priority’ for SMEs post-pandemic
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Latest News
Manifesto 2022: Biba urges UK government to slash IPT to 10% in next Budget
The trade body further believes that IPT relief should be offered for cladding-linked property insurance, telematics-based motor policies and cyber cover
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Latest News
Cyber outranks Covid-19 and supply chain risk as biggest concern for global businesses – Allianz
However, business interruption remains a ‘key theme’
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Latest News
Outlook for independent insurance broker channels in 2022 ‘somewhat mixed’
Cyber premiums are also expected to increase as ransomware threats continue to soar
