It’s more important than ever to stay ahead of the cyber threats to your business. The cyber insurance market continues to grow and evolve in addressing these threats, playing a key part in enhancing digital safety.
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Author: Sam Cheshire

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Our H1 2025 Cyber Market Report from Sam Cheshire, Cyber & Technology Practice Group Managing Director looks at the current market conditions, claims landscape and how insurance can be used to mitigate cyber risk.

As more organisations have recognised this growing risk, the UK cybersecurity sector grew to £13.2bn in revenue in 2024, up 12% from the previous year1. With businesses increasingly implementing security measures to manage and mitigate cyber risks, the insurance market is responding with reduced entry barriers and requirements for those looking to transfer risk from their balance sheets. Comprehensive cyber security is still relatively in its infancy, and businesses are encouraged to maintain a proactive approach to enhancing the protection they put in place against cyber threats.

Within this report we take a look at:

  • Projections for growth and market trends in the cyber insurance market
  • How emerging technologies are driving growth
  • The evolving claims landscape

Recent high-profile attacks have shown how devastating a cyber incident can be to a business, and the far-reaching effects it can have. Read our report to find out how the cyber insurance market is evolving and how it can protect your business.

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For more information on how cyber insurance provides protection and responds in the event of a cyber incident, listen to our podcast with Sam Cheshire where he details the importance of a quick response and knowing who to call for support.

Author Information

Sources

1. “Research and analysis - Cyber security sectoral analysis 2025,” GOV.UK, 10 March 2025.

Disclaimer

The sole purpose of this article is to provide guidance on the issues covered. This article is not intended to give legal advice, and, accordingly, it should not be relied upon. It should not be regarded as a comprehensive statement of the law and/or market practice in this area. We make no claims as to the completeness or accuracy of the information contained herein or in the links which were live at the date of publication. You should not act upon (or should refrain from acting upon) information in this publication without first seeking specific legal and/or specialist advice. Arthur J. Gallagher Insurance Brokers Limited accepts no liability for any inaccuracy, omission or mistake in this publication, nor will we be responsible for any loss which may be suffered as a result of any person relying on the information contained herein.

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