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CyberCube tools to boost Maury Donnelly & Parr sales enablement process

7th April 2025

Retail insurance brokerage Maury Donnelly & Parr has partnered with CyberCube, a provider of cyber risk analytics, to enhance its sales enablement process. As part of the agreement, Maury Donnelly & Parr will license CyberCube’s Broking Manager and Prep Module tools, which will enable the broker to quantify and help mitigate ... Read the full article

Beazley promotes Sydonie Williams to Head of International Cyber Risks

7th April 2025

Specialty insurer Beazley has promoted Sydonie Williams to Head of International Cyber Risks. Williams will assume the role immediately, having previously held the position of Focus Group Leader, RoW, Cyber Risks. Beazley highlighted that since joining the firm in 2019, Williams has exhibited outstanding leadership and deep expertise, playing a key role ... Read the full article

Closing the cyber protection gap for small businesses: CyberCube

4th April 2025

A growing cyber protection gap is affecting small businesses, requiring a concerted effort from key industry stakeholders, including cyber brokers, underwriters, and reinsurers to help close it, according to a recent report by CyberCube. The report highlights that small businesses with annual revenues between $10 million and $250 million make a ... Read the full article

Willis expands CyXS cyber facility

4th April 2025

WTW's Willis business has expanded its CyXS facility, offering USD/GBP/EUR 115m of capacity through Lloyd's syndicates and up to USD/GBP/EUR 40m from outside of the Lloyd's marketplace. The Willis CyXS facility now includes the new CyXS Plus and CyXS Company offerings, each offering a further USD/GBP/EUR40m of capacity. CyXS Company facilitates the ... Read the full article

SecurityScorecard & Willis partner to enhance cyber risk management

4th April 2025

SecurityScorecard has entered a strategic partnership with Willis, a WTW business, to enhance cyber risk quantification, improve insurance modelling, and strengthen security strategies for organisations globally. As part of the partnership, SecurityScorecard has named Willis its official insurance broker, reinforcing the connection between cyber risk insights and insurance strategy. The collaboration combines ... Read the full article

Global cyber premium to more than double by 2030: Munich Re

3rd April 2025

Despite cyber premium growth slowing in the past two years, Munich Re has suggested that global premium volume will more than double by 2030, growing at an average annual growth rate of more than 10%. According to estimates by the reinsurer, the global cyber insurance market premium totaled $15.3 billion in ... Read the full article

Florian Happ named Cyber Team Lead for Munich Re US

3rd April 2025

Global reinsurer Munich Re has announced the appointment of Florian Happ as the new Cyber Team Lead for Munich Re US. Happ has been with Munich Re for 16 years, having joined in 2009. During his tenure, he has held various underwriting roles, including Underwriting Casualty Treaty Reinsurance for US and ... Read the full article

Japan’s cyber insurance market continues to grow amid flat reinsurance demand: Gallagher Re

3rd April 2025

The Japanese cyber insurance market continues to grow, albeit at a slower pace compared to previous years, driven by the increasing number of policyholders, according to reinsurance broker Gallagher Re’s recent market analysis. Gallagher Re's April 1 renewal report shows that overall, the global reinsurance market showed increased capacity and ... Read the full article

K2 Cyber launches for SMB cyber insurance

3rd April 2025

K2 Insurance Services, an independent specialty insurance program manager, has launched K2 Cyber, a managing general agent (MGA) focused on SMB Cyber Insurance. K2 Cyber provides Intelligent Cyber Insurance, combining continuous risk engineering, advanced prevention tools, and comprehensive cyber education. This data-driven approach leverages AI, behavioral analytics, real-time threat intelligence, SaaS integrations, ... Read the full article

AXA XL announces two promotions within Americas Cyber Insurance team

3rd April 2025

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has promoted Greg Chambers and Caitlin Alpern within its Americas Cyber Insurance team. Chambers, who has 22 years of experience and has been with AXA XL for nearly a decade as both an underwriter and broker, ... Read the full article

CFC launches new cyber product with 30 enhancements

2nd April 2025

CFC, a specialist insurance provider focused on emerging risks and cyber, has launched a new cyber product, Cyber Proactive Response (CPR), aimed at businesses with revenues up to £250 million. CPR delivers broad and clear cyber coverage, with 30 enhancements and the removal of six exclusions. James Burns, Global Head of Cyber ... Read the full article

Arch Insurance International names Barrett as Head of Cyber & Healthcare

1st April 2025

Arch Insurance International has appointed James Barrett as Head of Cyber & Healthcare, effective immediately. Barrett has served as Interim Head of Cyber since October 2024, in addition to his role as Head of Healthcare, which he has held since joining the company in 2018. In his new role, Barrett will lead ... Read the full article

HDI Global UK & Ireland appoints Marcus Breese as new Head of Cyber Underwriting

31st March 2025

HDI Global UK and Ireland has announced the appointment of Marcus Breese as Head of Cyber Underwriting, effective April 1st, 2025. In his new role, Breese will report to Antonia Osborne, Director of Underwriting, Corporate, HDI Global UK and Ireland. Breese joins HDI Global from Arch, where he served as Head of ... Read the full article

Cyberwrite & Howden extend cyber risk analytics partnership to 52 countries

31st March 2025

Cyber insurance technology firm Cyberwrite has expanded its partnership with re/insurance broking group Howden, making its cyber risk analytics available in 52 countries and seven languages. Howden and Cyberwrite first announced its collaboration in March 2024, aiming to enhance cyber resiliency for clients worldwide. Cyberwrite’s risk quantification technology helps Howden brokers ... Read the full article

Personal cyber insurance protection gap growing: Triple-I and HSB

28th March 2025

Despite a large number of consumers being routinely victims of cybercrime, most of them do not have personal cyber insurance, according to a recent report by the Insurance Information Institute (Triple-I) and HSB. The Addressing the Personal Cyber Protection Gap report captures the results of their recent survey of insurance agents ... Read the full article