Businesses rely heavily on technology to drive operational efficiency. While this has benefits, it also brings with it challenges and risks, particularly in the realm of cybersecurity. As cyber threats continue to be a persistent concern for businesses there has been a marked surge in demand for cyber insurance as companies recognize the importance of financial protection in the face of data breaches, ransomware attacks, and other cybersecurity incidents. However, as the threat landscape evolves, so does the landscape of cyber insurance, with insurers raising the bar on their security requirements.