‘The financial fall-out, from crippling fines to lost customers or soaring costs, can push even the most resilient business to the brink,’ says head of cyber
‘Historically, insurance has been a conservative, risk-averse industry. Maybe there’s a bit of an ‘if it ain’t broke, don’t fix it’ mentality. But I do see that shifting,’ says chief customer officer
Cyber security is a notoriously complex topic, with insurers grappling online threats that seem to change by the day, but does the key to effective and proactive cover actually lie in simplifying things for policyholders?
Insurance Times rounds up the top five stories making headlines across the market from 22 to 26 September 2025
’Parametric travel insurance has the potential to transform the customer experience by removing the complexity of claims processes and providing near-instant payouts when disruption occurs,’ says analyst
JLR first reported that its retail and production activities had been ’severely disrupted’ due to a cyber incident on 2 September 2025
‘The cyber insurance market has experienced rapid and sustained growth over the past several years, emerging as a catastrophe exposed and capital intensive line of business,’ says vice president
JLR first reported that its retail and production activities had been ’severely disrupted’ due to a cyber incident on 2 September 2025
’Cyber insurance is not just a protective measure, but a strategic enabler of resilience that accelerates recovery, strengthens risk management and reduces financial losses,’ says international head of cyber
‘Over the past few months, we have modernised every aspect of our offering to ensure that it is fit for today’s cyber risk landscape,’ says head of cyber
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
’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
‘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
Europe’s “lower penetration rates and increased regulatory requirements” drove the majority of growth as worldwide premium increases slowed
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
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
’Our retail and production activities have been severely disrupted,’ says statement
’We’re excited to have him on board as we continue building the future of digital asset insurance,’ says co-founder and chief executive
‘Both insurers and reinsurers are diversifying their strategies to tap into emerging risks, which will support growth in the cyber insurance market,’ says analyst
‘The reality is that too many executives and CISOs feel pressured to protect corporate reputation above compliance,’ says chief executive
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.