As cyber threats increase and legislation involving privacy and data breaches tightens, demand for cyber coverage has never been higher. As insurers strive to stay ahead of demand, Intelligent Insurer asks is the industry doing enough?
As hackers get smarter and the frequency and severity of cyber attacks grows, corporates, governments and individuals are seeking increased coverage, revised policies and a variety of stipulations such as the implementation of forensic investigation and crisis management expenses.
“The demand for new cyber coverage will continue as long as technology, law and societal attitudes keep changing, and they surely will.” Mindy Pollack
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Cyber, Ross Goodman, Aspen, Tim Francis, Travelers, Matt Donovan, Hiscox, Scott Bailey, Markel, Reto Schneider, Swiss Re