AIR+13 Jun 2018

Cyber insurance market growth found wanting

13 Jun 2018

While cyber insurance offers abundant growth opportunities, the market appears to be 'bifurcated', according to a recent A.M. Best report that looked at the US cyber market. It stated that on the one hand, national accounts and Fortune 500 companies appear to be embracing the need to partner the insurance industry as a way to counter cyber risks and that financial institutions and healthcare companies are increasing their coverage.

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