CYBER SECURITY INSURANCE MARKET ANALYSIS

Cyber Security Insurance Market, By Insurance Type (Standalone and Tailored), By Coverage Type (First-party and Liability Coverage), By Enterprise Size (SMEs and Large Enterprise), By End user (Healthcare, Retail, BFSI, IT & Telecom, Manufacturing, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

In March 2023, Saiber Innovation Technologies partnered with CYMAR Management Ltd., a specialist in cyber insurance, to meet the cyber insurance needs of the maritime and logistics sector in the U.A.E. This collaboration aims to safeguard the sector from cyber-attacks.
In February 2023, Cowbell, a cyber insurance provider, teamed up with Millennial Shift Technologies to offer its cyber insurance programs, Cowbell Prime 100 and 250, through Millennial Shift's e-trading broker platform, mFactor, to enhance operational efficiency.
In July 2022, SBI General Insurance Company Limited is a subsidiary of the State Bank of India (SBI), introduced the SBI General Cyber VaultEdge insurance plan, providing coverage against financial losses caused by cyber risks and attacks.
In October 2022, AXA XL is the property and casualty (P&C) and specialty risk division of AXA, a multinational insurance and financial services company established an incident response team in the Americas. This Cyber Incident Response team demonstrates the company's commitment to clients, offering assistance before, during, and after cyber incidents.