Reinsurance News
cyber insurance
The insurance of cyber risks is a growing specialism in the global insurance and reinsurance market. Cyber insurance protects companies and individuals against cyber and digital risks.
Read all our cyber insurance or reinsurance news and analysis below.
Cowbell introduces Prime One Tech in the UK to support cyber and PI needs of growing tech sector
24th April 2025
Cowbell, a cyber insurance provider focused on small to medium-sized enterprises and the middle market, has introduced Prime One Tech in the UK. This new offering combines professional indemnity and cyber coverage, built specifically for technology companies generating up to £1 billion in annual revenue. Policy limits are available up to ... Read the full article
Lloyd’s backs BreachBits with strategic investment to strengthen cyber risk management
16th April 2025
Lloyd's, the insurance and reinsurance marketplace, has made a strategic investment in BreachBits, a cyber risk innovation company founded by former US military cyber warfare veterans. This marks Lloyd's third investment in cutting-edge solutions from alumni of its Lloyd's Lab, following BreachBits' successful participation in the accelerator program's 13th cohort, which ... Read the full article
Liberty Specialty Markets joins WTW’s Neuron platform for live cyber and D&O trading
10th April 2025
WTW, an advisory, broking, and solutions firm, has announced the next step in the rollout of its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now live on the platform, bringing real-time trading capability for Cyber and Directors & Officers (D&O) risks. LSM’s capacity became active on Neuron as of 31 ... Read the full article
Marsh introduces CyberShore Bermuda exclusive excess cyber insurance facility
9th April 2025
Marsh, an insurance broker and risk advisor within Marsh McLennan, has launched CyberShore Bermuda, an exclusive excess cyber insurance facility designed to provide Marsh clients with stronger protection and a streamlined experience. CyberShore Bermuda offers up to $30 million in follow-form excess Bermuda coverage, with a threshold starting at $75 million. The ... 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
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
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
Gov supported cyber risk pool would encourage greater adoption: Lockton Re
10th February 2025
Oliver Brew, Cyber Practice Leader, International, at Lockton Re, has emphasised the possibility of a cyber catastrophe in the coming years which could "far exceed the private insurance market," as the reinsurance broker's new report explores options for public-private partnerships to address extreme cyber events. The report, "Cyber risk pools and ... Read the full article
MGA Onda welcomes Stuart McMillan to UK sales team
5th February 2025
Cyber managing general agent (MGA) Onda has announced the addition of Stuart McMillan to its UK sales team as Distribution Director. McMillan brings a wealth of experience in international markets and a deep understanding of cyber insurance products to the role. The executive joins Onda from Coalition, where he most recently served ... Read the full article
Hiscox looks to strengthen market position with new FI offering
3rd February 2025
Specialist insurer and reinsurer Hiscox has launched a new Financial Institutions (FI) offering, providing clients with four areas of cover including Directors’ and Officers’ (D&O), Professional Indemnity/Errors and Omissions, Crime, and Cyber. The product expansion is expected to strengthen Hiscox’s position in the market, and will be led by recently-appointed Joe Dearsley, ... Read the full article
Resilience reveals key leadership promotions amidst accelerated global growth
22nd January 2025
Resilience, a cyber risk company specialising in insurance and cyber risk management solutions, has announced several key promotions as it continues its rapid global expansion. The company has consolidated its core insurance operations under George Kotsiopoulos, who has been named President, Insurance. Kotsiopoulos, an insurance executive, will oversee Resilience’s global underwriting strategy, ... Read the full article
Alta Signa Europe promotes Vasileios Stasa to Junior Underwriter in Cyber division
24th December 2024
Alta Signa Europe B.V., a European boutique Managing General Agent (MGA), has recently announced the promotion of Vasileios Stasa to Junior Underwriter within its Cyber division, effective immediately. Vasileios joined Alta Signa in May 2024 as an Underwriting Analyst, following the completion of his Master of Business Administration (MBA) in Banking, ... Read the full article
CFC expands Australian cyber team with appointment of Michael Lewis
12th December 2024
Specialist insurance provider CFC has announced the growth of its Australian-based cyber team with the addition of Michael Lewis. Starting in January 2025, Lewis will assume his new position at CFC. Previously, he spent two years at Emergence Insurance, where he served as a business development underwriter. He will be working ... Read the full article
CyberCube partners with HUB International to strengthen cyber risk analytics for clients
5th December 2024
CyberCube, a provider of cyber risk analytics solutions, has announced a new partnership with HUB International (HUB), an insurance brokerage and financial services firm. Through this collaboration, HUB will harness CyberCube’s software and expertise to deliver advanced cyber risk insights to clients across North America. As part of the partnership, HUB will ... Read the full article
Aon accelerates cyber product development & capital sourcing with O’Connell hire
3rd December 2024
Global insurance and reinsurance broker Aon has announced the appointment of Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. Based in New York, O'Connell will lead the firm's initiatives to provide transformative value to Reinsurance Solutions' cyber clients and trading partners. This will ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
