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2024 UK cyber insurance claims trends report

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28/04/2025 · 2 minute read

Insights to help your organisation navigate cyber threats

Cyberattacks can originate from many different sources, including hackers, malware, and social engineering attacks. This makes it increasingly challenging for businesses to stay cyber secure.

The 2024 UK cyber insurance claims trends report provides insights into the trends observed among Marsh’s UK cyber clients throughout the year. By understanding these trends, you can take steps to enhance your organisation’s cyber resilience and mitigate your cyber risk.  

Use this report to:

  • Gain insights into the latest trends in UK cyber claims and the risks facing your organisation.
  • Understand the implications of ransomware and other cyber threats, as well as how they impact your business operations and business processes.
  • Learn practical steps to enhance your organisation’s cyber resilience strategy.
  • Recognise the emerging tactics used by threat actors, such as AI-driven business email compromise, and how these can affect your organisation’s security posture.
  • Learn about the increasing amount of regulation concerning cyber facing your organisation. 
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Key cyber resilience insights for organisations

  • Ransomware attacks: Ransomware remains a significant threat for organisations. Despite a decrease in claims, extortion remains the leading cause of loss.
  • Technology disruptions: Global tech outages, such as the CrowdStrike incident, have highlighted vulnerabilities in cyber risk management. Cyber insurance can provide essential coverage for business interruptions.
  • Supply chain vulnerabilities: All industries are susceptible to cyber incidents, with cyberattacks on providers within a supply chain on the rise. Focusing on supply chain resilience is essential.

Our people

Helen Nuttall

Managing Director, UK Cyber Incident Management Leader, Marsh Specialty

  • United Kingdom

Holly Waszak

Head of Cyber Claims, UK Cyber, Media & Technology Practice, Specialty UK

  • United Kingdom

Alasdair Paterson

Cyber Incident Management Specialist - Cyber, Media & Technology Practice, Specialty UK

  • United Kingdom

Our expertise

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