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News
40% of large firms underinsured amid cybercrime surge
1+ week, 4+ day ago (420+ words) AI is lowering the cost and complexity of launching cyber incidents — enabling scammers to commit breaches at unprecedented speed and amplifying the need for proper insurance. One in four cyber breaches were AI-enabled in the first half of 2026, driving up…...
Two in five Singapore firms plan cyber insurance within 12 months
2+ week, 14+ hour ago (291+ words) Deepfake or voice-cloning attacks affected 39% of respondents. Cyber insurance is becoming a higher priority for Singapore organisations as the growing use of artificial intelligence (AI) exposes businesses to new cyber risks, according to ESET’s Enterprise Cybersecurity Report 2026. Some 36% of organisations…...
Munich Re Group to Acquire Cyber Insurtech At-Bay
3+ week, 1+ day ago (447+ words) markets.businessinsider.com Munich Re Group to Acquire Cyber Insurtech At-Bay August 23, 2026 -- Munich Re Group today announced that it has agreed to acquire At-Bay, Inc., a U.S.-based insurtech company that provides cyber insurance and proactive cybersecurity solutions for small and…...
Gallagher Re launches Digital Risk Practice
3+ week, 4+ day ago (48+ words) Captive Insurance Times Gallagher Re launches Digital Risk Practice Gallagher Re launches a Digital Risk Practice, bringing together specialist expertise in AI liability, data centres, cyber and digital risk engineering to help insurers and reinsurers understand, quantify and manage evolving…...
Gallagher Re creates digital risk unit as AI reshapes accumulation
3+ week, 5+ day ago (431+ words) Gallagher Re has launched a digital risk practice, pulling AI liability, data centres, cyber, and digital risk engineering into a single advisory function. The move comes as technology-driven accumulation exposures increasingly cut across multiple insurance lines simultaneously. Ian Newman leads…...
How cyber insurance gaps can leave factory damage uncovered
3+ week, 5+ day ago (682+ words) Production shutdowns can outweigh data theft for industrial operators. A ransomware attack that reaches a factory floor can do more than lock files. It can stop machinery, halt production, and disrupt supply chains. But when the damage turns physical, manufacturers…...