Cyber

Cyber claim severity has dropped 50% for large insureds as ransomware attackers shift focus to less resilient, smaller companies, but the scope of potential losses is broadening for everyone.

Even though 77% of people encounter daily scams, institutions fail consumers with poor recovery rates and inadequate protection.

Cyberattacks cost U.K. businesses far more than recovery expenses, with hidden impacts bankrupting 60% of small companies within months.

Cyber insurance's declining rates and expanding coverage conceal unsustainable market fundamentals, signaling an inevitable correction.

Insurers face a critical 18-month window to transform by embracing AI, data-driven innovation, capital flexibility, digital ecosystems, and data-driven decision-making.

Cyber risks hide in invisible digital neighborhoods, but breakthrough analytics now reveal organizational vulnerabilities across complex network connections.

Farmers Insurance's 1.1 million-person breach shows why insurers must abandon prevention-focused security and implement rapid detection strategies.

Cyber insurers face a critical blind spot as third-party vendor breaches expose flaws in traditional underwriting models.