How new risks and legislation affect your insurance portfolio

It’s not the premium, but the possible maximum loss (PML) that is often the real starting point for property insurance. A technical estimate of this loss lies behind every insurance decision. By understanding and managing this estimate properly, you can both avoid surprises in the event of a loss and create opportunities for better terms and lower costs. In this article, we explain exactly how this works.

Cyber crime continued to rise in 2025 and poses a growing threat to Belgian businesses. However, companies’ efforts in cyber security and insurance are paying off. Targeted prevention measures and improved incident support have limited the cost of four out of five cyber claims 20,000 euros, and cyber insurance premiums have fallen. New players with competitive rates are reinforcing this trend. At the same time, the risk of reliance on a single provider is still underestimated, and businesses that fail to adapt their insured amounts to their growth and current risks are in danger of being underinsured. This is clear from the Vanbreda Risk & Benefits annual cyber study.

How do you convert an understanding of the cyber threat into concrete action? Vanbreda supports companies with interactive workshops and realistic simulations that systematically boost cyber resilience. Davy Heremans, a cyber risk expert who works daily with the service specialising in Phishing as a Service and with cyber workshops at Vanbreda, explains how companies can strengthen their human firewall.

Cyber security is no longer a trifling concern: it’s a real and constant threat to every company. While the technology is evolving, the human factor often remains the weak link. Davy Heremans, cyber risk expert at Vanbreda, explains why prevention is the only way forward.