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Cyber insurance: What small businesses need to know
In 2024, the U.S. Small Business Administration warned small businesses and entrepreneurs to stay aware of cybersecurity threats due to the impact on their bottom line (and resiliency). Cybersecurity ...
Many leaders still assume cyber insurance exists to absorb risk after an incident. In reality, that assumption has become one ...
Managing general agents (MGAs) underwrite and administer insurance policies on behalf of insurance companies. Just as a broker serves as an intermediary between the buyer and the insurer, the MGA acts ...
According to a 2025 report on cyber insurance trends published by Munich Re, the global cyber insurance market totaled $15.3 billion in 2024, and is expected to reach $16.3 billion by the end of 2025.
In 2025, high-profile cyber-attacks against retail brands, airlines and car manufacturers have thrown the risks associated with devastating cyber incidents into sharp relief. They have also put the ...
The Federal Communications Commission (FCC) is the latest federal agency to signal it is monitoring companies’ cybersecurity practices and their susceptibility to cyber-attacks. Specifically, in a ...
It’s no secret that the overwhelming majority of cyber insurance policies underwritten today are for commercial lines. But as the song goes, “The times they are a-changin’.” Several trends are on ...
Cyber insurance protects enterprises from most cyberattack liabilities. But before committing to a policy, CISOs need to check for the following hidden loopholes. Facing ever-mounting cyberthreats, ...
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