In the face of an ongoing rise in the frequency of high-profile cyber attacks and the development of increasingly capable and well-equipped threat actors, more organisations are seeing cyber liability insurance as a critical part of their security posture. This has led to a surge in new customers seeking to purchase policies or update old ones, leading to an increase in policies that are two years or younger. At the same time, the market itself is starting to mature as the growing price of new policies has started to subside. Carriers are offering more comprehensive policies to insured to address concerns around business interruption, legal support, and incident response resources in the event of a cyber incident.