Global Cyber Resilience
WHAT YOU NEED TO KNOW
Forecast cyber-insurance premium volume by 2025
Forecast growth in cyber premiums over the next 10 years
(Source: Advisen, Allianz, Betterley Risk Consultants)
CYBER RISK
IS DYNAMIC AND GROWING
More companies are buying cyber coverage
25% Percent of large companies have bought cyber coverage...and demand is growing.
(Source: Council of Insurance Agents & Brokers)
A WEALTH OF DATA
IS DRIVING NEW INSIGHTS
The insurance industry is gaining real-time insight into which companies are most vulnerable to cyber attacks—insight that can fuel intelligent growth.
Strategies
to increase cyber resilience
Capture your data in a standard format that can be used throughout the insurance value chain
Identify and monitor potential sources of aggregation risk in your book of business
Define your capacity and monitor cyber risk accumulations
Perform deterministic analyses of extreme but plausible cyber events
Determine which of your insureds—and their vendors—are most vulnerable to cyber events
Stress test your underwriting guidelines