Preparing for Cyber Insurance Renewal in 2026: Key Steps to Strengthen Your Security Posture

OVERVIEW

Preparing for your 2026 cyber insurance renewal requires early action and a strong security posture to meet evolving insurer demands. This article outlines critical steps—such as implementing MFA Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. , testing incident response plans, and managing vendor risks—to help businesses secure coverage and control premiums. Read on to learn how to proactively strengthen your defenses and streamline the renewal process.

IN DEPTH

Securing cyber insurance has become a vital part of modern risk management. As 2026 approaches, the renewal process is becoming more rigorous and detailed, with insurers demanding higher security standards due to rising claim costs. Early and thorough preparation is crucial for navigating these changes, securing coverage, and managing premium costs. This article outlines the key steps your business should take now to prepare for your upcoming renewal.

The Evolving Cyber Insurance Landscape

Gone are the days of simple forms to get cyber liability coverage. Today, insurers conduct detailed evaluations of a company’s security measures before issuing or renewing policies. Reports indicate that cyber insurance premiums have risen significantly in recent years. Some businesses have seen costs increase by as much as 50% to 100%, according to industry data. Stricter underwriting practices are becoming the standard, with insurers prioritizing companies that demonstrate proactive risk management.

This heightened scrutiny means businesses must proactively strengthen their security practices. Addressing critical security and compliance areas ahead of your renewal not only improves your chances of obtaining coverage but can also help manage these rising premium costs. A strong security posture demonstrates a commitment to reducing risk, which carriers value.

Below are key steps to work on with your technology partner as you prepare for your renewal.

1. Conduct a Risk Assessment

Understanding your risks is the first step in managing them. A comprehensive risk assessment identifies your valuable data, its locations, and potential threats. Insurers want businesses to have a clear view of their cyber risk profile. Documenting vulnerabilities in your network, applications, and processes, with the help of a technology partner, can provide an expert and objective perspective.

2. Implement Multi-Factor Authentication Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. ( MFA Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. )

MFA Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. has become a critical security measure for insurers. It prevents unauthorized access by adding an extra layer of protection. Deploy MFA Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. across all remote access points, email, privileged accounts, and critical systems. Lack of comprehensive MFA Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. can lead to policy denial or significant premium increases.

3. Test Your Incident Response Plan (IRP)

A well-defined and thoroughly tested Incident Response Plan (IRP) is essential for effectively managing breaches. Insurers expect businesses to have a documented plan with clear roles and responsibilities. Regular simulations or tabletop exercises show that your team is prepared to act effectively during an incident.

4. Prioritize Employee Security Awareness

Human error is a leading cause of breaches, with phishing being a common entry point. Ongoing employee training is a standard requirement for cyber insurance. Train staff to recognize phishing attempts, use strong passwords, and follow data handling policies. Simulated phishing tests can reinforce training and improve security awareness.

5. Use Endpoint Detection and Response Endpoint Detection and Response (EDR) is a cybersecurity technology designed to monitor and respond to threats on network endpoints. These endpoints include devices such as laptops, desktops, servers, and mobile devices. EDR solutions provide continuous and comprehensive visibility into what?s happening on these endpoints, enabling organizations to detect malicious activities that could compromise their network security. Key features and benefits of EDR include: Continuous Monitoring: EDR tools continuously monitor endpoints for any signs of suspicious or malicious activities. This real-time surveillance ensures that potential threats are identified promptly. Threat Detection: By utilizing advanced analytics and machine learning, EDR solutions can detect both known and unknown threats. They analyze patterns and behaviors to identify anomalies that may indicate malicious activity. Incident Response: EDR solutions equip security teams with the tools needed to investigate and respond to incidents. They provide detailed activity logs and forensic data to help understand how an attack occurred and how it can be mitigated. Automated Remediation: Some EDR tools offer automated response capabilities, allowing for immediate containment and remediation of threats. This reduces the time it takes to neutralize threats and minimizes potential damage. Integration: EDR solutions often integrate with other security tools and systems, such as Security Information and Event Management (SIEM) systems, to provide a more comprehensive security posture. This integration can enhance overall threat detection and response capabilities. Endpoint Visibility: EDR provides detailed visibility into endpoint activities, helping organizations understand what is happening on their network. This visibility is crucial for identifying potential security gaps and improving overall security strategies. Implementing EDR is vital for modern cybersecurity defense, as it enhances the ability to detect, investigate, and respond to advanced threats. By providing a deeper understanding of endpoint activities, EDR solutions help organizations maintain a robust security posture and protect sensitive data from cyber threats. ( EDR Endpoint Detection and Response (EDR) is a cybersecurity technology designed to monitor and respond to threats on network endpoints. These endpoints include devices such as laptops, desktops, servers, and mobile devices. EDR solutions provide continuous and comprehensive visibility into what?s happening on these endpoints, enabling organizations to detect malicious activities that could compromise their network security. Key features and benefits of EDR include: Continuous Monitoring: EDR tools continuously monitor endpoints for any signs of suspicious or malicious activities. This real-time surveillance ensures that potential threats are identified promptly. Threat Detection: By utilizing advanced analytics and machine learning, EDR solutions can detect both known and unknown threats. They analyze patterns and behaviors to identify anomalies that may indicate malicious activity. Incident Response: EDR solutions equip security teams with the tools needed to investigate and respond to incidents. They provide detailed activity logs and forensic data to help understand how an attack occurred and how it can be mitigated. Automated Remediation: Some EDR tools offer automated response capabilities, allowing for immediate containment and remediation of threats. This reduces the time it takes to neutralize threats and minimizes potential damage. Integration: EDR solutions often integrate with other security tools and systems, such as Security Information and Event Management (SIEM) systems, to provide a more comprehensive security posture. This integration can enhance overall threat detection and response capabilities. Endpoint Visibility: EDR provides detailed visibility into endpoint activities, helping organizations understand what is happening on their network. This visibility is crucial for identifying potential security gaps and improving overall security strategies. Implementing EDR is vital for modern cybersecurity defense, as it enhances the ability to detect, investigate, and respond to advanced threats. By providing a deeper understanding of endpoint activities, EDR solutions help organizations maintain a robust security posture and protect sensitive data from cyber threats. )

Traditional antivirus software is no longer sufficient. Insurers now expect businesses to use Endpoint Detection and Response Endpoint Detection and Response (EDR) is a cybersecurity technology designed to monitor and respond to threats on network endpoints. These endpoints include devices such as laptops, desktops, servers, and mobile devices. EDR solutions provide continuous and comprehensive visibility into what?s happening on these endpoints, enabling organizations to detect malicious activities that could compromise their network security. Key features and benefits of EDR include: Continuous Monitoring: EDR tools continuously monitor endpoints for any signs of suspicious or malicious activities. This real-time surveillance ensures that potential threats are identified promptly. Threat Detection: By utilizing advanced analytics and machine learning, EDR solutions can detect both known and unknown threats. They analyze patterns and behaviors to identify anomalies that may indicate malicious activity. Incident Response: EDR solutions equip security teams with the tools needed to investigate and respond to incidents. They provide detailed activity logs and forensic data to help understand how an attack occurred and how it can be mitigated. Automated Remediation: Some EDR tools offer automated response capabilities, allowing for immediate containment and remediation of threats. This reduces the time it takes to neutralize threats and minimizes potential damage. Integration: EDR solutions often integrate with other security tools and systems, such as Security Information and Event Management (SIEM) systems, to provide a more comprehensive security posture. This integration can enhance overall threat detection and response capabilities. Endpoint Visibility: EDR provides detailed visibility into endpoint activities, helping organizations understand what is happening on their network. This visibility is crucial for identifying potential security gaps and improving overall security strategies. Implementing EDR is vital for modern cybersecurity defense, as it enhances the ability to detect, investigate, and respond to advanced threats. By providing a deeper understanding of endpoint activities, EDR solutions help organizations maintain a robust security posture and protect sensitive data from cyber threats. ( EDR Endpoint Detection and Response (EDR) is a cybersecurity technology designed to monitor and respond to threats on network endpoints. These endpoints include devices such as laptops, desktops, servers, and mobile devices. EDR solutions provide continuous and comprehensive visibility into what?s happening on these endpoints, enabling organizations to detect malicious activities that could compromise their network security. Key features and benefits of EDR include: Continuous Monitoring: EDR tools continuously monitor endpoints for any signs of suspicious or malicious activities. This real-time surveillance ensures that potential threats are identified promptly. Threat Detection: By utilizing advanced analytics and machine learning, EDR solutions can detect both known and unknown threats. They analyze patterns and behaviors to identify anomalies that may indicate malicious activity. Incident Response: EDR solutions equip security teams with the tools needed to investigate and respond to incidents. They provide detailed activity logs and forensic data to help understand how an attack occurred and how it can be mitigated. Automated Remediation: Some EDR tools offer automated response capabilities, allowing for immediate containment and remediation of threats. This reduces the time it takes to neutralize threats and minimizes potential damage. Integration: EDR solutions often integrate with other security tools and systems, such as Security Information and Event Management (SIEM) systems, to provide a more comprehensive security posture. This integration can enhance overall threat detection and response capabilities. Endpoint Visibility: EDR provides detailed visibility into endpoint activities, helping organizations understand what is happening on their network. This visibility is crucial for identifying potential security gaps and improving overall security strategies. Implementing EDR is vital for modern cybersecurity defense, as it enhances the ability to detect, investigate, and respond to advanced threats. By providing a deeper understanding of endpoint activities, EDR solutions help organizations maintain a robust security posture and protect sensitive data from cyber threats. ) solutions. EDR Endpoint Detection and Response (EDR) is a cybersecurity technology designed to monitor and respond to threats on network endpoints. These endpoints include devices such as laptops, desktops, servers, and mobile devices. EDR solutions provide continuous and comprehensive visibility into what?s happening on these endpoints, enabling organizations to detect malicious activities that could compromise their network security. Key features and benefits of EDR include: Continuous Monitoring: EDR tools continuously monitor endpoints for any signs of suspicious or malicious activities. This real-time surveillance ensures that potential threats are identified promptly. Threat Detection: By utilizing advanced analytics and machine learning, EDR solutions can detect both known and unknown threats. They analyze patterns and behaviors to identify anomalies that may indicate malicious activity. Incident Response: EDR solutions equip security teams with the tools needed to investigate and respond to incidents. They provide detailed activity logs and forensic data to help understand how an attack occurred and how it can be mitigated. Automated Remediation: Some EDR tools offer automated response capabilities, allowing for immediate containment and remediation of threats. This reduces the time it takes to neutralize threats and minimizes potential damage. Integration: EDR solutions often integrate with other security tools and systems, such as Security Information and Event Management (SIEM) systems, to provide a more comprehensive security posture. This integration can enhance overall threat detection and response capabilities. Endpoint Visibility: EDR provides detailed visibility into endpoint activities, helping organizations understand what is happening on their network. This visibility is crucial for identifying potential security gaps and improving overall security strategies. Implementing EDR is vital for modern cybersecurity defense, as it enhances the ability to detect, investigate, and respond to advanced threats. By providing a deeper understanding of endpoint activities, EDR solutions help organizations maintain a robust security posture and protect sensitive data from cyber threats. provides continuous monitoring and advanced threat detection, offering enhanced protection for devices such as laptops, desktops, and servers.

6. Strengthen Backup and Recovery Plans

Reliable, tested backups are critical for recovering from ransomware or data loss. Insurers will assess your backup strategy, including offline or immutable backups, to ensure they are protected from attacks. Regularly testing your recovery process is key to demonstrating preparedness.

7. Patch Vulnerabilities

Unpatched systems are easy targets for attackers. Implement a vulnerability management program to scan for, prioritize, and patch security gaps regularly. This proactive approach shows insurers you are actively reducing risks.

8. Manage Privileged Access

Limit access to only what employees need for their roles. Insurers look for strong controls over privileged accounts, such as restricting high-level access and monitoring activity. Adopting the principle of least privilege reduces the potential attack surface.

9. Assess Vendor and Supply Chain Risks

Vendors can introduce vulnerabilities to your organization. Insurers want to see that you manage third-party risks by vetting the security practices of suppliers and partners that access your data or systems. Use security assessments or contractual requirements to protect your supply chain.

10. Document Security Measures

Thorough documentation is key during the renewal process. Insurers will request evidence of your security practices, including policies, procedures, network diagrams, and training records. Maintaining clear and organized documentation will simplify the application process and present your organization as well-prepared.

Verify and Maintain Security Practices

In addition to adding key security measures, you need to make sure your organization is consistently following through on these practices. In the event of a cyber incident, insurance companies will require proof that you are actively doing what you claim to be doing. This means no assumptions, no pointing fingers—just raw, verifiable evidence. At Intrada, our primary goal is not only to help you implement essential security structures but also to verify that they are functioning as intended through regular assessments and updates.

However, it’s important to remember that even with robust systems, the latest technologies, and advanced tools in place, the human element remains your organization’s greatest security challenge. Studies show that over 80% of data breaches are caused by human error, underscoring the importance of addressing this vulnerability. Providing constant education and training for users, keeping them updated on emerging threats, and fostering awareness are crucial in mitigating this risk. Never underestimate the persistence of malicious actors who continually seek new ways to deceive and exploit your users.

When a cyber incident occurs, it’s about having the right response measures and accountability in place to demonstrate that your processes are active and regularly monitored. The combination of vigilant practices, a focus on user education, and actionable oversight strengthens your ability to respond effectively to any situation.

Partnering for a Smooth Renewal

Addressing these steps can feel overwhelming, but you don't have to tackle it alone. The cyber insurance renewal process is complex and ever-changing. Partnering with Intrada Technologies provides you with resources to support the entire process.

We work with businesses to assess their current environments, identify gaps, and implement critical security measures, including MFA Multi-Factor Authentication (MFA) is a security enhancement that requires users to verify their identity using multiple credentials before gaining access to a system, application, or service. This layered approach to security helps ensure that the person requesting access is indeed who they claim to be, significantly reducing the risk of unauthorized access. MFA generally involves a combination of two or more of the following factors: Something you know: A password, PIN, or answer to a security question. Something you have: A physical token, smart card, or a mobile phone to receive a verification code. Something you are: Biometric identifiers, such as a fingerprint, facial recognition, or voice, that uniquely identify the user. By requiring multiple forms of verification, MFA adds an additional layer of defense against potential threats, even if one factor (such as a password) becomes compromised. For instance, even if an attacker obtains a user's password, they would still need the second form of authentication to gain access. In today's digital landscape, where cyber threats are increasingly sophisticated, implementing MFA is a critical step for organizations to protect sensitive data and systems. It enhances security for end-users and across the enterprise, making it a fundamental component of a robust cybersecurity strategy. , EDR Endpoint Detection and Response (EDR) is a cybersecurity technology designed to monitor and respond to threats on network endpoints. These endpoints include devices such as laptops, desktops, servers, and mobile devices. EDR solutions provide continuous and comprehensive visibility into what?s happening on these endpoints, enabling organizations to detect malicious activities that could compromise their network security. Key features and benefits of EDR include: Continuous Monitoring: EDR tools continuously monitor endpoints for any signs of suspicious or malicious activities. This real-time surveillance ensures that potential threats are identified promptly. Threat Detection: By utilizing advanced analytics and machine learning, EDR solutions can detect both known and unknown threats. They analyze patterns and behaviors to identify anomalies that may indicate malicious activity. Incident Response: EDR solutions equip security teams with the tools needed to investigate and respond to incidents. They provide detailed activity logs and forensic data to help understand how an attack occurred and how it can be mitigated. Automated Remediation: Some EDR tools offer automated response capabilities, allowing for immediate containment and remediation of threats. This reduces the time it takes to neutralize threats and minimizes potential damage. Integration: EDR solutions often integrate with other security tools and systems, such as Security Information and Event Management (SIEM) systems, to provide a more comprehensive security posture. This integration can enhance overall threat detection and response capabilities. Endpoint Visibility: EDR provides detailed visibility into endpoint activities, helping organizations understand what is happening on their network. This visibility is crucial for identifying potential security gaps and improving overall security strategies. Implementing EDR is vital for modern cybersecurity defense, as it enhances the ability to detect, investigate, and respond to advanced threats. By providing a deeper understanding of endpoint activities, EDR solutions help organizations maintain a robust security posture and protect sensitive data from cyber threats. , and incident response plans. Our goal is to help you build a comprehensive security program that aligns with insurer expectations, strengthens your defenses, and works with your staff to protect the most important part—users, clients, and data.

Preparing for your 2026 renewal now is an investment in your organization’s long-term security and resilience. With the proper steps, you can navigate the renewal process confidently and position your business for success.