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 News Sterling 20 Oct 2025 - 20 of Britain’s largest pension providers and insurers have launched Sterling 20, a new partnership to invest billions into UK infrastructure, innovation and renewable energy. Sterling 20 Research Report Finance for growth: a shared U.S./UK prosperity agenda Oct 2025 - Leading US and UK financial and professional services firms, via the British American Financial Alliance (BAFA) coalition, are urging both governments progress on the Transatlantic Taskforce for Markets of the Future. Finance for growth: a shared U.S./UK prosperity agenda Research Report The UK’s offer for asset managers and owners Oct 2025 - The UK is a global leader in asset management, with over £12tn in AUM and offers extensive scale with international reach, deep expertise, and diverse investment opportunities. The UK’s offer for asset managers and owners Research Report City statistics briefing Oct 2025 - The City Statistics briefing looks at the City of London's role as a global business hub for financial and related professional services. City statistics briefing