Only 11% of UK companies have taken out digital risk insurance, according to a survey by Scalable Networks.
The IT consultant surveyed over 2,500 companies and found that just over a third had carried out vulnerability testing on their IT systems.
Most commercial policies do not cover cyber risks, according to Scaleable Networks. Instead separate digital risk policies are being used. These are expensive and require independent audit of existing IT security systems, according to the Scalable.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
