Posted: 31 Mar 2021 Resource Type: Research Report Download Back This report by the City of London Corporation in association with Accenture identifies cyber insurance as one of the next key markets of growth for London, as the city and the UK emerge from the pandemic. The National Cyber Security Centre recently published data covering September 2019 to August 2020 showing a 10% increase in cyber-incidents with 194 COVID-related. Business leaders have been faced with rising costs in cyber security. Approximately 69% of business leaders say that staying ahead of attackers is a constant battle and the costs are unsustainable. London is well-placed to meet growing demand for cyber insurance and remain the pre-eminent global hub. It outlines how London’s cyber security ecosystem and insurance industry can collaborate to achieve this and the benefits it will have for the broader UK economy. This webinar hosted by the The Rt. Honourable The Lord Mayor of the City of London, Alderman William Russell, explores the relationship between the London market and Latin America in the cyber insurance space. Speakers were: Paul Gooch, Cyber Underwriter, Tokio Marine Kiln Alistair Clarke, Executive Director and Team Leader, Cyber & Commercial E&O, Aon Sarah Stephens, Cyber, Media & Technology Practice Leader, Marsh Moderator - Max Richter, Managing Director, Insurance, Accenture London is the only location that combines a global insurance hub with a leading technology ecosystem providing comprehensive services for cyber security. Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report Exporting financial services to the world Dec 2024 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Exporting financial services to the world Thought Piece COP29’s financial focus shows private capital remains key to reaching net zero Dec 2024 - COP29 made it clearer than ever: the private sector must play a crucial role if we are to meet the Paris Agreement’s goals. Chris Hayward, Policy Chairman, explains why the time for bold, decisive action is now—or risk falling behind. COP29’s financial focus shows private capital remains key to reaching net zero Research Report Expanding into the UK | a guide for international financial services firms Nov 2024 - This guide is intended to help non-UK firms understand the UK financial services regime and gives practical guidance about how they can do business in the UK. Expanding into the UK | a guide for international financial services firms Research Report State of the sector 2024 Nov 2024 - The financial services sector is a major driver of the UK's economy. Securing its competitiveness is critical for future prosperity across the economy. State of the sector 2024