UK Brokers' Association Launches Cyber Insurance Directory in Partnership With Government's DSIT

The British Insurance Brokers' Association (BIBA) has launched a first-of-its-kind cyber insurance broker directory in a formal partnership with the UK government's Department for Science, Innovation and Technology (DSIT). The initiative is designed to bridge a critical gap: while demand for cyber insurance among UK businesses has grown substantially, many small and medium-sized enterprises (SMEs) lack awareness of how to access specialist cyber insurance advice and struggle to find brokers with specific expertise in this complex and rapidly evolving risk category.

The BIBA cyber insurance broker directory enables UK businesses to search for brokers that have demonstrated knowledge and capability in cyber insurance products and risk management. Rather than directing businesses to any insurance product directly, the directory channels enquirers toward qualified broker intermediaries who can assess an individual business's cyber risk profile, identify appropriate coverage structures, and help implement risk mitigation measures alongside insurance transfer.

The government partnership with DSIT reflects the UK's broader national cyber strategy, which places the insurance sector in a central role in improving private sector cyber resilience. DSIT has identified cyber risk as one of the most significant threats to UK business continuity and economic productivity, and improving the accessibility and quality of cyber insurance advice is an explicit policy objective. The collaboration also builds on existing BIBA-DSIT joint work on the National Cyber Strategy.

The timing of the launch is notable. The global cyber insurance market is estimated at $15–33 billion in 2026, with the UK as one of Europe's most active markets. BaFin, the German financial regulator, published its third cyber insurance survey just days earlier (May 29, 2026), warning of systemic accumulation risks. The UK Financial Conduct Authority, through its Consumer Duty framework, is also pressing insurers and intermediaries to improve the quality of their cyber product offerings and disclosure to business customers. AI-driven cyberattacks are increasing in sophistication, and BIBA has separately noted that inconsistent policy language across insurers is creating coverage uncertainty for buyers — a specific problem the directory aims to address by connecting businesses with expert brokers who can navigate these differences.