- The report finds about half of the United Kingdom companies and I have no form of cyber inscription
- This despite the brokers predicting complaints and increasing premiums
- Ransomware continues to grow and affect British companies and I
About half of the United Kingdom and Ireland companies have no form of cyber-assurance, despite growing threats, has warned new research.
A report by Arctic Wolf revealed that 70% of British insurance brokers and I predict that allegations increase in 2026, a similar number (68%) predicting the rates of premiums to be increased during the same period.
The news occurs while cybercriminals are using more and more AI tools to help create more sophisticated attacks, target business data and add confidentiality problems.
Many companies have no cyber-assurance
Arctic Wolf’s data complaints have become the most common type of insurance complaint worldwide, followed by data violations, theft of funds and phishing.
Almost one of one in five respondents (18%) had a cyber attacks during the last month, the average global insurance complaint daring around $ 115,000 and large companies claiming on average more than $ 812,000.
A recent analysis of the British government shows that the number of companies undergoing ransomware crime doubled between 2024 and 2025, 43% of companies having experienced a violation or an attack of cybersecurity in the last 12 months.
“While the insurance sector is working with customers to improve protection, attacks ultimately cost companies hundreds of thousands of damage books,” said the main director of the insurance alliances, Kevin Kiser.
In the United Kingdom and Ireland, around one (23%) out of four brokers have negotiated pre-arranged insurance services for customers with cyber-risk suppliers, and British brokers and I are more likely than the global average of associating with cybersecurity suppliers.
“As threat tactics are evolving, cyber-assurance is no longer a” pleasant to have “but a strategic pillar of modern risk management,” added Kiser.
