Cyber Insurance Awards Europe 2025
6 February 2025Insurance

Winners and highly commended revealed at Cyber Insurance Awards Europe 2025

At a glittering Awards Ceremony held last night in London, the winners and highly commended entrants for Intelligent Insurer’s Cyber Insurance Awards Europe 2025 were revealed. 

The event brought together nearly 400 cyber insurance professionals from across the UK and Europe. Congratulations to all the winners and highly commended recipients who have demonstrated exceptional innovation and excellence in cyber insurance.

The Award Sponsors included: Aon, Asceris, Canopius, Censys, cysmo, Flare, Fortinet, Guy Carpenter, KLDiscovery, Kroll, N-Able, Solace Cyber and S-RM.

There were 15 company categories and 5 individual categories featuring new categories for 2025 including Cyber Security Solution Provider of the Year, Cyber Security Consulting Services Provider of the Year, Cyber Lawyer of the Year and Cyber Insurance Mentor of the Year. 

  • Cyber Insurance Carrier of the Year Award

Winner: Canopius

Judges comments: “Canopius looks for solutions instead of perpetuating problems. They are innovative in actively looking to fill gaps, source solutions all whilst being customer centric.”

Highly commended: HDI Global 

  • Cyber Claims Team of the Year Award

Winner: Coalition

Judges comments: “Coalition’s claw-back funds solutions are innovative, and enabled by the fact they believe time is the most critical factor in meaningful response and recovery, thus helping policyholders limit losses and get back to business.”

Highly commended: CFC

  • Cyber Underwriting Team of the Year Award

Winner: Mosaic Insurance 

Judges comments: “Mosaic’s underwriting team consistently demonstrates knowledge and commercial acumen when underwriting large and complex accounts.”

Highly commended: CFC 

  • Cyber Insurance Broker of the Year

Winner: Howden

Judges comments: “Howden is one of the more pro-active brokers in the market with a focus on SME and mid-market clients, these are under-served and most difficult of clients to be accessed. They released new programmes for clients in 2024, putting client needs at the forefront. They have a strong leadership team across the UK & Europe.”

Highly commended: Verspieren

  • Cyber Reinsurer of the Year

Winner: Munich Re

Judges comments: “Munich Re has economies of scale, and a sophisticated, analytical and market-wide collaborative approach, with a customer-centric focus on resilience. No reinsurer has done more to share risk, foster stability and contribute to the cyber market's growth than Munich Re. Their expert teams have contributed to furthering understanding of cyber systemic risk in 2024.”

Highly commended: Envelop Risk 

  • Cyber Reinsurance Broker of the Year

Winner: Gallagher Re

Judges comments: “Gallagher Re has been a leading cyber reinsurance broker involved from the beginning in developing the product with a key emphasis on innovation, disruption and collaboration within the market.” 

Highly commended: Howden Re 

  • Cyber Reinsurance Underwriting Team of the Year

Winner: Envelop Risk

Judges comments: “Envelop Risk has a strong team and has become an established player in the cyber reinsurance market. Envelop Risk is one of few reinsurers who offer clients the full range of reinsurance/retro solutions and they embody the category criteria of "resilient", "groundbreaking" and "innovative".

Highly commended: Munich Re

  • Cyber Law Firm of the Year

Winner: Kennedys

Judges comments: “Kennedys has gone from strength to strength over the last 12 months: growing business and volume of successful engagements. They are excellent with clients, assisting both insurers and brokers in making businesses feel comfortable with cyber insurance.”

Highly commended: DAC Beachcroft

  • Cyber Insurtech Scale-up of the Year

Winner: DynaRisk

Judges comments: “Dynarisk has a broad set of solutions and are clearly delighting the customers. DynaRisk has a global reach and their growth and benefits statistics are impressive. They have also thought about the services they can offer to insurers, brokers and policyholders to make the risk transfer discussions more targeted and meaningful, and provide solutions that aren't just used at renewals, but also throughout the life of a cyber policy.”

Highly commended: Citalid

  • Cyber Insurance Technology Provider of the Year

Winner: Axio

Judges comments: “Axio has a proven record and combines sector specific knowledge with cyber security knowhow. They detail how they help insurers and brokers with cyber risk, and their strong application was backed by great client testimonials.”

Highly commended: Safe Security 

  • Cyber MGA of the Year

Winner: CFC

Judges comments: “CFC's team has gone from strength to strength. They continue to invest in their client cyber services to enhance their offering and their continued investment and growth in Cyber Security is impressive.”

Highly commended: Resilience

  • Cyber Insurance Incident Response Provider of the Year

Winner: Solace Cyber

Judges comments: “Solace Cyber demonstrates strong, extensive and deep technical skills and is recognised by the NCSC. It has an offering that not only helps their clients but has a policy of clients recovering without paying ransomware. Their ethical philosophy is to be applauded.”

Highly commended: CFC

  • Cyber Insurance Awareness Initiative of the Year

Winner: Aviva

“Aviva has tackled 3 issues that have been identified as blockers to cyber insurance take-up; broker knowledge, SME accessibility/complexity and broader awareness. They have also played their part in promoting cyber resilience through the NCRCG, and tried to promote a common lexicon. This submission demonstrates how Aviva has thought across the category criteria considering education, communication and resilience.”

Highly commended: Travelers 

  • Cyber Security Solution Provider of the Year

Winner: Safestate

“Although a small player, Safestate has developed a strong cybersecurity solution offering minimal hassle, maximum coverage and work to raise the minimum cybersecurity standards for SMEs in Sweden, where SMEs can impact a significant portion of the country’s overall resilience. They constantly look to the market for new needs, to find innovative partnerships and to work out new solutions.”

Highly commended: cysmo 

  • Cyber Security Consulting Services Provider of the Year

Winner: S-RM

“S-RM is a standout player offering extensive market reach, robust services, and multi-domain advice.”

  • Inspiring Woman in Cyber Insurance (Individual)

Winner: Ivonne Staisch, Underwriting Manager & Global Head of Cyber Reinsurance, Liberty Mutual Reinsurance

“Ivonne is clearly a successful leader having built and grown 4 separate cyber books of business, and launched one of the first ever cyber treaties. She has demonstrated that she is an innovator and an enabler. Ivonne has invested her time and expertise into helping others and empowering and mentoring her teams, whilst embodying a positive and inclusive culture where achievements are celebrated. Her success in this space has launched other inspiring careers in the market.”

Highly commended: Yosha DeLong, Global Head of Cyber, Mosaic Insurance

  • Rising Star in Cyber Insurance (Individual)

Winner: Manuel Pérez, Head of Cyber, Southern Europe & LATAM, Howden

Judges comments - “Manuel Pérez has a very admirable and impressive experience that bridges peril and product. The application spotlights an individual who is succeeding and progressing rapidly and has wide responsibility at an early age.”

Joint Highly commended:  Marcel Freyschmidt, PhD Student at The University of St.Gallen and Roxanne Deslandes, Cyber Underwriter, Arch Insurance

  • Cyber Insurance Legend  (Individual)

Winner: Siobhan O’Brien

Judges comments: “Siobhan has more than 20 years of experience in cyber insurance and professional liability across global markets. She is a strong leader with deep expertise. She has clearly demonstrated her dedication to her clients, MGAs and prospects. She works to mentor and train new graduates in the cyber space, and educates more widely, speaking at events, and participating in wider market cyber research. Siobhan also leads and supports industry D&I initiatives.” 

  • Highly commended: Shay Simkin, Global Head of Cyber, Howden

Cyber Lawyer of the Year (Individual)

Winner: Ellie Ludlam

“Ellie has not only shown impressive innovation but also wider support for the industry by way of engagement and mentorship. She takes initiative and applies her skills to initiate and fundraise for related and worthy causes. She is also paying her experience forward as a mentor to others.”

Highly commended: Oliver Dent, Partner, Kennedys

  • Cyber Mentor of the Year (Individual)

Winner: Stephen Owen, Group CISO, IQUW Group 

“Stephen is generous with his time and advice. His deep technical knowledge has been invaluable to mentees as he has helped them navigate through the complex and fast-changing world of information technology. One of his strongest skills is being able to help mentees to realise they often have the solutions to their own professional and personal difficulties, ensuring they can navigate challenges in the industry and workplace.”

Highly commended: Sjaak Schouteren, Europe Cyber Growth Leader, Marsh and Cyber Practice Leader, Marsh Netherlands

Click here to view the full list of winners and highly commended.

“It was fantastic to see the return of the Cyber Insurance Awards Europe to a packed audience last night in London. This is a truly innovative sector and we were all extremely impressed by the diversity and innovation of the entries. The judges had some incredibly hard decisions to make and we were thrilled to be able to present the winners and highly commended with their trophies and recognise their hard work and contributions to the industry,” said Wyn Jenkins, Managing Editor, Intelligent Insurer & Director of Publications, Newton Media Ltd. 

“Congratulations to all the winners, and thank you to our sponsors, judges, and nominees for contributing to making this event a tremendous success!,” continued Jenkins. 

During the course of a few weeks at the end of 2024, the independent panel of expert judges read the entries and using a process of scoring and meetings, selected the winners for each category. Each of the judges had been carefully selected for their knowledge and expertise and only judged the categories in which they have no conflict of interest. 

The expert independent judging panel can be viewed here

Mark your calendars for the Cyber Insurance Awards Europe 2026, set to return in London in February 2026. Nominations will open in the summer of 2025. If you're interested in being a nominee, judge, or sponsor or even booking your table early, then please email us.

For further information regarding the awards see - https://www.cyber-insurance-awards-europe.com/2025/en/page/home or contact: Gina Baillie Senior Researcher & Producer, Intelligent Insurer on gbaillie@intelligentinsurer.com 

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