In a discussion with Insurance Edge, Jeremy Stevens, Head of EMEA Business at Charles Taylor InsureTech, addressed the landscape of cyber threats for insurers and the importance of operational resilience.

He explains that the insurance industry while increasingly reliant on digital technologies, is facing growing cybersecurity threats. As digital transformation accelerates, insurers are more exposed to risks such as ransomware attacks, data breaches, and vulnerabilities from third-party vendors. These threats not only endanger sensitive data and critical systems but also damage reputation and disrupt operations.

To address this, the article emphasises the need for operational resilience—the ability of insurers to prepare for, respond to, and recover from cyber incidents with minimal impact.