The Cyber Business Panel meeting on 24th of February 2026 focused on progressing key wording initiatives, product development, and improving market consistency. Discussion on the Cyber War Exclusion and infrastructure clause emphasised the need for clearer definitions and a materiality threshold, with a broader working group formed to refine the wording and address ambiguity, particularly around internet and financial infrastructure. The SME cyber product advanced significantly, with a modular draft completed and circulated for feedback. The structure includes core cover and optional elements, with engagement across industry bodies and government stakeholders to ensure alignment and market relevance. Training initiatives for emerging professionals were positively received, with plans to expand sessions and tailor content. Risk code guidance was clarified to ensure consistency based on insured domicile. Additional updates included AI definition work, survey feedback highlighting strong collaboration but unclear objectives, and a renewed focus on setting and tracking committee priorities.
