Sentences with phrase «cyber insurance market»

The global cyber insurance market could increase to $ 5 billion by the end of 2018, according to the new report of PwC.

Their session will explore some of the issues arising within the growing cyber insurance market.

The continued expansion of the cyber insurance market is both necessary and inevitable.

AIG carried about 22 percent of the cyber insurance market, Fitch said, followed by Chubb at 12 percent and then XL Group (XL Catlin) at 11 percent.

This year, hackers managed to cause chaos at global companies, swipe half of all Americans» Social Security numbers, and boost the cyber insurance market.

Not exact matches

The cyber insurance policy is the hottest insurance product in the market, but it is untested for wide - range, catastrophic cyber events, and many risk managers and security experts warn the days of low premiums and cover - everything policies are numbered.

«The small - business market was underserved until recently, but we've seen a huge increase in demand for our cyber products driven by a critical mass of incidents happening very publicly to large companies,» says Tim Zeilman, vice president at Hartford Steam Boiler Inspection and Insurance Company.

These factors — many of which are beyond our control and the effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the effects of changes in government fiscal, monetary and other policies, tax risk and transparency and environmental and social risk.

CoverHound, the online property and casualty insurance comparison platform, today announced its key 2017 milestones, including seven new marketing partnerships, 13 new carriers, 281 percent growth quarter - over-quarter and 3,683 percent growth year - over-year in total commercial and cyber insurance policy premiums.

Projected to reach $ 2.4 billion this year, the market for cyber risk insurance premiums...

Using a scenario, Nicola will outline the changing way in which insurers are viewing risk and potential losses and Sue will look at cyber insurance cover from a business interruption perspective and the vastly different wording currently available on the market.

From our friends at Law.Com: In the growing market for cyber insurance, carriers are trying to compete on price.

For one thing, the cyber market is still quite young compared to traditional insurance products and so far, insurers have not had to pay out on big losses.

SAN FRANCISCO, California — October 3, 2017: CoverHound, the online property and casualty insurance comparison platform, today announced its key 2017 milestones, including seven new marketing partnerships, 13 new carriers, 281 percent growth quarter - over-quarter and 3,683 percent growth year - over-year in total commercial and cyber insurance policy premiums.

CoverHound, the online property and casualty insurance comparison platform, today announced its key 2017 milestones, including seven new marketing partnerships, 13 new carriers, 281 percent growth quarter - over-quarter and 3,683 percent growth year - over-year in total commercial and cyber insurance policy premiums.

Two weeks after unveiling insurance offerings for small businesses on its online platform, CoverHound has launched another website—CyberPolicy.com — with cyber protection tools for a similar target market.

Understand that there are vast differences in the various cyber insurance products currently available on the market, and make sure to tailor your coverage to the particular vulnerabilities faced by your business.