28 April 2026Technology

Cyber insurance faces ‘race to the bottom’ over soft rates and overcapacity

Cyber insurance is in danger of becoming a race to the bottom in an environment of cut-price rates, overcapacity and new entrants flooding the market, experts have warned.

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More on this story

Technology
28 April 2026   Cyber insurance is growing quickly, but expertise will not keep pace if the market keeps looking for it in the same places and building it in the same ways, industry leaders argued at Cyber Risk & Insurance Innovation USA 2026.
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28 April 2026   CISOs want cyber insurers to focus less on annual questionnaires and more on how organisations respond in real time.
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28 April 2026   Addressing the coverage gaps in existing policies and standalone AI-products a priority.