Guernsey-based insurance and risk management advisory firm Astaara has increased its underwriting capacity to $27.5m, up from $25m (2023) and $12.5m (2020). Astaara offers cyber risk advice, insurance, and real-time analytics to clients in the marine, offshore and port sectors. It is an appointed representative of Davies MGA Services Limited.

Astaara does not exclude terrorist or state-backed cyber risks, which it said helped to shore up maritime defences at a time when NATO has warned of increases in state-linked cyber activity on Europe’s civilian ports.

Robert Dorey, group CEO of Astaara, said: “With this larger and higher quality capacity, we reaffirm our leadership in marine cyber risk underwriting. Our clients now benefit from higher limits backed by top-tier underwriting capacity. Astaara has become best-in-class by working closely with each client to build cyber security maturity and standing alongside clients when they have claims.”