Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Does your company need cyber insurance? Organizations should be fully aware of what’s at stake from a cyber risk perspective because each company carries various degrees of risk relative to their distinct type of attack surface. (Photo: zephyr_p/Shutterstock.com)

The cyber insurance market is rapidly maturing and there are many reasons for this. Companies are increasingly leveraging technology to expand or streamline their businesses, remote work is seeing wide-scale adoption, cybercrime is inflicting trillions of dollars in damages and global cybersecurity legislation and privacy obligations are increasingly holding firms accountable. The cyber insurance market is projected to become a thriving $20 billion industry by 2025.



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.