As we enter 2025, the cyber (re)insurance market is navigating a dynamic and evolving landscape, one that presents both opportunities and challenges. While market conditions remain competitive, the continued maturation of the cyber (re)insurance sector offers significant potential for growth and innovation.
This year’s report highlights key insights from our experts on emerging trends and developments we expect to see in 2025. We anticipate that the frequency of cyber incidents will rise in the near term due to Artificial Intelligence (AI) innovation. As cyber threats become more sophisticated, AI agents are expected to provide leverage for threat actors, enabling them to scale cyber attacks more widely and efficiently. Quantum computing will revolutionize cybersecurity, but at the same time, it will also disrupt cyber insurance.
Against this backdrop, a central theme in 2025 will be the shift in cyber underwriting for both single risks and portfolios, which will increasingly rely on science rather than art, driven by advancements in data analytics and risk modeling. At the same time, cross-sector partnerships will play a pivotal role in enhancing the business impact of cyber risk management decisions, creating much-needed efficiencies across industries.
Brokers will also be crucial to unlocking growth in the cyber insurance market, particularly for small and medium-sized businesses that are still underinsured. To better manage growing accumulations of risk, cyber insurers will focus on improving data collection and enhancing their ability to model and mitigate potential exposure. Just as the insurance industry has been instrumental in driving safety improvements against damage caused by natural catastrophes, cyber insurance will meaningfully impact cybersecurity posture.
These are just a few key trends and forecasts shared by CyberCube’s team of specialists. Access the full report here — Cyber Predictions 2025.
We'll also be diving into these trends in our webinar on Thursday 23rd January 2025 where you can learn more about how these trends will shape cyber insurance strategies in 2025 — Register here.
