Article
Cyber insurance market hardens
20 July 2022
The cybersecurity insurance market has experienced rapid premium growth in recent years, following deteriorating insurance results in preceding years. Unfortunately, remote work due to COVID led to increased cyber incidents, with a 600% increase in cyber crime. Despite the increase in cyber incidents, insurance results improved in 2021. This article includes a discussion of cyber market growth, insurance results, market diagnostics, and recent claim department responses.
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About the Author(s)
Paul Miskovich
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