Cyber incidents emerge as the top cause of IT downtime and data loss for U.K. businesses, underscoring the urgent need for robust cybersecurity measures, a survey by Databarracks finds.

Generative AI scams are becoming increasingly sophisticated, leaving small businesses vulnerable to financial and reputational damage, a Nationwide survey finds.

Despite potential headwinds, more stable rates and competition keep pricing favorable for commercial insurance buyers, Lockton reports.

Cyber threats top the list of business concerns for a fourth time in the 2024 Travelers Risk Index, as a record 62% of U.S. companies cited worries about cyber risks.

Compromised user data, market listings, and outgoing traffic on the dark web significantly increase an organization’s risk of cyberattacks, Marsh report shows.

Outdated tech and AI innovations pose increasing risks for global businesses, while cyber concerns decline despite evolving threats, a Beazley report finds.

Surveys by APCIA and CIAB reveal cyber insurance market trends, challenges, and coverage gaps.

CyberCube report predicts that over the next decade cyber will become a peak peril, driving growth of cyber insurance premiums, as well as demand for capital.

The financial services industry faces heightened cyber threats, with ransomware attacks and zero-day vulnerabilities posing significant risks.

Aon’s Q2 Global Market Insights report reveals a complex commercial insurance landscape that is growth oriented, but also more disciplined.

Business disruption and response costs drive up cost of breaches, while AI is lowering costs and plugging talent gaps, IBM finds.

Marsh reports that global commercial insurance rates remain flat in Q2 2024, while U.S. rate hikes moderated to 1%.

Deepfake scams using AI to impersonate executives are on the rise, leading to significant financial risks for companies, according to HUB International.

“Every business that uses a computer or has employees needs cyber insurance. While most examples in the media and those shared by our broker partners involve Fortune 500 companies, our data shows that 90% of the cyberattacks we see are against businesses with under $50 million in revenue.”

Sophos report finds that companies investing in cyber defenses not only improve their security, but also gain other benefits, including lower premiums.

Howden’s cyber insurance report portrays a stabilizing market poised for growth and innovation, despite an evolving threat landscape.

CFC’s chief underwriting officer shares emerging opportunities in specialty lines, future pricing trends, and the six fundamental elements that make up cyber risk prevention and underwriting.

The U.S. cyber insurance market faces challenges as premium growth slows and insurers grapple with evolving cyber risks, according to an analysis by AM Best.

Marsh reports record number of cyber claims in 2023, with ransomware demands soaring despite more companies refusing to pay.

Having a broad experience in the high net worth space, PRMA’s Diane Delaney is excited to be putting that to work for the organization she now leads.