U.S. Cyber Market Grew 32% in 2017 But Most Small-Medium Firms Opted Out: A.M. Best May 21, 2018 The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32 percent year over...
Agent and Carrier Strategies and the Future of Cyber Insurance March 2, 2018 By Andrea Wells More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of...
What Agent Who Wrote First Cyber Policy Thinks About Cyber Insurance Now March 1, 2018 By Andrea Wells It was more than 20 years ago. The Internet as it is known today was in its infancy. Steven Haase...
Why 27% of U.S. Firms Have No Plans to Buy Cyber Insurance May 31, 2017 A full 50 percent of U.S. firms do not have cyber risk insurance and 27 percent of U.S. executives say...
RIMS 2017: Why Cyber Should Be Treated as Standalone Insurance April 24, 2017 Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both...
Cyber Insurance Purchasing Slowing After 6 Years of Fast Growth November 1, 2016 The overall upward trend of organizations purchasing cyber insurance continued in 2016, however there are signs the market is slowing...
AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch August 29, 2016 About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to...
Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk March 21, 2016 By Andrew G. Simpson If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a...
Insurers Respond Slowly to Growing Demand for Cyber Insurance: Timetric Report October 5, 2015 The cyber risk insurance market is experiencing rapid development, with the size of global gross written premiums growing from US$850...
Just How Costly, Fast-Growing Is Cyber Risk? September 15, 2015 Cyber risk is costing the global economy $445 billion annually, $108 billion of which comes from the U.S., according to...