Cyber Insurance
Will AI copilots replace legacy insurance systems by 2026?
Will AI copilots replace legacy insurance systems by 2026?
Data shows executives trust generative AI at twice the rate of machine learning.
1 day ago
Cyber insurance gaps leave APAC vulnerable to rising digital risks
Limited coverage, financial modeling, and training hinder cyber insurance adoption.
Why Indian companies increase use of insurance after cyber threats rise
Indian companies reported heavy financial losses tied to key insurable risks.
Insurance IT market posts 11.6% growth in 2025
Looking ahead, the market is projected to reach $514.5b by 2029.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Corporate boards overconfident despite worsening cyber claims
Claims data showed that ransomware attacks averaged a loss of $2.7m.
Insurers strengthen cyber governance as oversight shifts to CEOs
About 40% said CEO compensation is now tied to cybersecurity performance.
Insurers set tougher terms as ransomware containment improves 33%
Adoption in Asia-Pacific is slightly higher at 38%, with China leading at around 50%.
Why are businesses willing to pay more for insurance with AI protection?
Demand is strongest amongst the technology and financial sectors.
How cyber claims in Asia were all tied to ransomware in 2025
In the first half of 2025, Allianz received about 300 cyber claims.
Tokio Marine Kiln enhances Cyber Ctrl with AI risk protection
The update includes a new Professional Ctrl policy.
Insurance third-party administrator market set to more than double by 2032
Growth is driven by rising demand for health insurance.
Cyber insurance market grows 7% to $15b in 2024
Despite softer demand and rising competition, the sector remained profitable.
Tune Protect partners BOXX to launch CyberSafe for global travellers
It is accessible through Tune Protect’s B2B portal.
Higher premiums loom under Hong Kong’s stricter cyber law
Insurers will play a more active role in clients’ pre-breach cybersecurity strategies.
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AI isn’t replacing insurance, it’s finally making it work