Protection against AI risks is a leading reason for SMEs to purchase cyber insurance

Professional advice and fears surrounding new technology (such as AI) are key cyber insurance policy triggers among SMEs as per a GlobalData survey. As the market becomes more preventative, specialised cyber policies may reduce the barrier to entry and help provide adequate protection for SMEs. According to GlobalData’s 2025 SME Survey, professional advice is the most important driver prompting global SMEs to take out a cyber insurance policy. Being advised by a broker is the single most important factor ...