Cyber Insurance Market: Rokstone Athena Launches Supply Chain Cover

Rokstone Athena Cyber Division Launches Supply Chain Disruption Extension Backed by $10M Lloyd's Capacity 

LONDON, United Kingdom — August 10, 2026 — Rokstone, the London-based specialty re/insurance managing general agent (MGA), has announced that its newly established Athena Cyber Division has launched a customer and supplier supply chain disruption extension — a development that carries significant implications for the global cyber insurance market as organizations face escalating exposure to interconnected cyber risks. Backed by $10 million in A-rated Lloyd's capacity, the product is offered globally and represents one of only two such extensions currently available in the market. 

The new extension is designed to respond where a cyberattack on a key supplier prevents an insured organization from operating, or where an incident affecting a major customer prevents them from purchasing an insured's goods or services. Unlike traditional contingency business interruption cover, Rokstone Athena's cyber supply chain extension directly addresses the systemic risk posed by interconnected digital supply chains — a gap that the MGA described as a market that has been "behind the curve" on supply chain cyber exposures. 

Research cited by Rokstone indicates that 61% of organizations have experienced a supply chain breach, with nearly one-third of those affected encountering operational disruption, financial loss, and regulatory fines. Recent high-profile incidents, including the cyberattack on Jaguar Land Rover, have underscored the devastating commercial impact of supply chain vulnerability, reinforcing the need for specialist underwriting solutions in this space. 

The Athena Cyber Division is led by Debbie Hobbs, president and head of Cyber at Rokstone Athena, and is staffed by an all-female underwriting team launched in July 2026. The division brings together experienced technical expertise, strong carrier backing, and digitally enabled service capabilities for a broad range of SME, mid-market, and large corporate clients operating in an increasingly AI-powered and interconnected digital risk environment. 

Key Highlights: 

• Rokstone's Athena Cyber Division has launched a supply chain disruption extension backed by $10 million in A-rated Lloyd's capacity, available globally to SME, mid-market, and large corporate clients. 

• The product covers losses arising from cyberattacks affecting both an insured's suppliers and customers — one of only two such extensions currently available in the global cyber insurance market. 

• Research indicates 61% of organizations have experienced a supply chain breach, with approximately one-third encountering operational disruption, financial loss, and regulatory fines as a result. 

• The Athena Cyber Division, launched in July 2026 and led by Debbie Hobbs, operates as an all-female specialist underwriting team combining technical expertise with advanced data-driven underwriting capabilities. 

Analyst Insight: 

According to analysts at Next Move Strategy Consulting, the launch of Rokstone Athena's supply chain cyber extension reflects a broader market maturation trend, as insurers move beyond traditional first-party and third-party coverage frameworks to address systemic, interconnected cyber exposures that have historically been underserved. NMSC analysts note that the global cyber insurance market, valued at USD 26.43 billion in 2025 and projected to reach USD 32.65 billion in 2026, is on a trajectory to expand significantly to USD 218.52 billion by 2035, registering a CAGR of 23.52% from 2026 to 2035. This growth trajectory is creating strong commercial incentives for specialist MGAs and Lloyd's-backed underwriters to develop differentiated, niche-specific products — particularly in supply chain cyber risk, which remains one of the most structurally underinsured exposures in the global market. 

Industry Outlook: 

The Rokstone Athena supply chain cyber extension signals a pivotal shift in how the global cyber insurance market is approaching systemic and interconnected risk. As digital supply chains grow more complex and AI-driven cyberattacks become more sophisticated, the demand for specialist coverage that responds to third-party and fourth-party cyber exposures is expected to accelerate. With the global cyber insurance market projected to reach USD 218.52 billion by 2035, product innovation in supply chain cyber coverage is likely to become a key competitive differentiator for MGAs, Lloyd's syndicates, and specialty insurers seeking to capture emerging market segments. The Rokstone Athena launch may serve as a catalyst for broader market adoption of supply chain-specific cyber underwriting frameworks across both established and emerging insurance markets. 

Source: Insurance Journal 

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Prepared By: Sanyukta Deb