From the Wanna Cry ransomware attack and the cyber offensive on parliamentary email accounts to major corporate data breaches, cyber risk is constantly in the news. While this is helping to drive interest in cyber insurance, broker feedback suggests more work is still required for this market to reach its full potential.
This article sheds light on the key trends affecting the demand for cyber insurance and how brokers can educate individual clients to ensure they have sufficient coverage in place. The article also looks at improvements brokers would like insurers to make to existing cyber products and what the future holds for the cyber insurance market.
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