Code Supply Chain Insurance Market Report 2026

The code supply chain insurance market size has grown exponentially in recent years. It will grow from $1.9 billion in 2025 to $2.41 billion in 2026 at a compound annual growth rate (CAGR) of 26.5%. The growth in the historic period can be attributed to increasing reliance on third-party software components, rise in software supply chain attacks, expansion of cloud-native application development, growing awareness of cyber insurance products, early adoption by technology firms.

The code supply chain insurance market size is expected to see exponential growth in the next few years. It will grow to $6.1 billion in 2030 at a compound annual growth rate (CAGR) of 26.2%. The growth in the forecast period can be attributed to increasing regulatory focus on software security accountability, rising demand for comprehensive cyber risk transfer, expansion of devsecops adoption, growing integration of insurance with security tooling, increasing software dependency across industries. Major trends in the forecast period include growing adoption of software supply chain risk coverage, rising demand for open-source vulnerability protection, expansion of incident response insurance policies, increased focus on third-party code risk assessment, enhanced integration with devsecops practices.

The rise in cyber threats is expected to drive growth in the code supply chain insurance market in the coming years. Cyber threats include any malicious attempts or potential dangers aimed at damaging, disrupting, or gaining unauthorized access to computer systems, networks, or digital data. The increase in cyber threats is largely fueled by expanding digital connectivity, as the widespread use of online platforms and connected devices introduces more vulnerabilities for malicious attacks. Code supply chain insurance mitigates these risks by providing financial protection and support against attacks or breaches originating from compromised third-party code and software dependencies. For example, in July 2025, Check Point Software Technologies Ltd., an Israel-based cybersecurity company, reported that the global average of weekly cyberattacks per organization rose to 1,984 in Q2 2025, representing a 21% increase from the same period in 2024 and a 58% rise compared to two years earlier. Consequently, the growing cyber threats are propelling growth in the code supply chain insurance market.

Key companies in the code supply chain insurance market are focusing on innovations such as secure integration platforms to improve operational efficiency, resilience, and risk management across interconnected insurance technology ecosystems. A secure integration platform is a cloud-based framework that enables standardized, protected connectivity between multiple stakeholders, reducing cybersecurity risks and operational fragmentation in technology-driven environments. For instance, in October 2025, DXC Technology, a U.S.-based global IT services provider, launched the DXC APEX (Assure Platform Ecosystem Exchange) Program. The program establishes a centralized hub offering certified, pre-built integrations among insurers, brokers, and Insurtech providers, simplifying interoperability and lowering integration costs. It also enhances security, accelerates adoption of emerging technologies, and supports digital transformation through AI-driven automation and compliance-enabled cloud services.

In July 2025, Zurich Insurance Group, a Switzerland-based multi-line insurer, acquired BOXX Insurance Inc. for an undisclosed amount. Through this acquisition, Zurich aims to expand its cyber protection capabilities by integrating BOXX’s digital-first and service-led cyber insurance solutions, enhancing coverage for retail and small- to medium-sized enterprise customers. BOXX Insurance Inc., based in Canada, provides cyber insurance and protection services for businesses, individuals, and families, helping them defend against cyber threats.

Major companies operating in the code supply chain insurance market are AXA XL, Zurich Insurance Group, Lloyd’s of London, Chubb, Liberty Mutual Insurance, Tokio Marine Holdings, Swiss Re, Munich Re, Travelers Insurance, AIG (American International Group), Sompo International, Marsh McLennan, Allianz Global Corporate & Specialty, QBE Insurance Group, Markel Corporation, Arch Insurance Group, CNA Financial Corporation, Hiscox, Berkshire Hathaway Specialty Insurance, Beazley.

North America was the largest region in the code supply chain insurance market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the code supply chain insurance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the code supply chain insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The code supply chain insurance market includes revenues earned by entities by providing services such as cyber risk assessment, vulnerability management, incident response, threat intelligence, code audit, penetration testing, compliance consulting, software bill of materials analysis, risk underwriting, policy management, claims handling, security monitoring, breach investigation, third-party risk management, data recovery, cloud security assessment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.