Published: Tue 21 Oct 2025
Recent high-profile cyberattacks have exposed supply chain vulnerabilities across firms of all sizes, leading to increased demand for cyber coverage and risk transfer, Guy Carpenter’s Anthony Cordonnier told The Insurer.
A series of incidents this year affecting the likes of Jaguar Land Rover, Marks & Spencer and Co-op Group has heightened awareness around cyber exposures.
As carriers expand line sizes and grow cyber books, Cordonnier, managing director and global co-head of cyber at Guy Carpenter, said reinsurance strategies are emphasising management of volatility from small and mid-sized events and protection against severe tail losses.
“Carriers are therefore seeking greater optionality in reinsurance structures to strengthen protection,” he said.
Cordonnier said reinsurers remain willing to provide cyber capacity, while new entrants and broker-led innovation have helped to expand supply.
