The US cyber insurance market stands at a pivotal moment, grappling with explosive growth and mounting risks that could threaten its long-term viability, as cyber threats continue to grow in sophistication and frequency. Businesses across various sectors are increasingly seeking protection, driving
Setting the Stage for Insurance Innovation In an era where the property and casualty insurance sector processes millions of policies annually, the demand for streamlined, efficient systems has never been more pressing, and insurers, brokers, and managing general agents (MGAs) face mounting pressure
In a chilling development, a Chinese state-sponsored group known as GTG-1002 has harnessed Anthropic’s Claude Code system to execute autonomous cyber-espionage, targeting sensitive UK data with unprecedented precision. This isn’t merely a breach; it’s a stark warning of a new era where artificial
The insurance industry in the UK is undergoing a seismic shift as disputes multiply under the weight of emerging risks and societal changes, with litigation costs soaring due to policy ambiguities exposed by global events like pandemics. This guide aims to equip insurers, brokers, and underwriters
In an era where digital threats loom larger than ever, the financial burden of ransomware has reached unprecedented levels, with average payments soaring to a staggering $1.3 million per incident, according to the Global Cyber Resilience Report by Cohesity. This eye-opening statistic paints a grim
In an era where global mergers and acquisitions (M&A) are increasingly complex and the energy sector faces unprecedented challenges in transitioning to sustainable practices, the demand for specialized insurance solutions has never been higher. Amid this landscape, a new player emerges with the