Cybersecurity

The law expands jurisdiction of the Committee on Foreign Investment in the U.S. over transactions involving data-rich businesses.

Technology is playing a bigger role in a number of insurance areas, including targeted marketing, quoting and claims.

Even insurers not offering cyber cover could find themselves being impacted financially, according to GlobalData.

Hack or malware incidents were the top cause of loss in 2018, representing 47% of all loss costs.

Zurich found increased corporate concern over cyber is driving evolving coverage demands and expectations from insureds.

The time is now to start preparing for the CCPA, as well as for other new U.S. privacy laws that are likely to follow.