The Cyber Business Panel meeting on 27th of January 2026 focused on policy wording challenges, product development, and market coordination. A key discussion centred on cyber war exclusions, particularly ambiguity around “infrastructure” definitions, including cloud and DNS, and the systemic risk posed by broad carve-backs. Members emphasised the need for clearer, consistent wording and improved analytical tools to support underwriting decisions. Progress on the SME cyber product highlighted ongoing work to simplify wording and improve accessibility, though design consensus has not yet been reached. The initiative reflects strong government support to expand SME cyber insurance uptake. Risk code inconsistencies and limitations in claims data were raised as key operational issues, with calls for clearer market guidance and data standardisation. Regulatory updates included uncertainty in Brazil regarding claims cooperation clauses. Additional topics included committee effectiveness feedback and growing demand for receiver interruption cover, particularly in the SME market, requiring further development.
