Cyber insurance is one of the fastest-growing segments of insurance.
A cyber attack can be devastating to businesses of all sizes. Sales can slow. Customers can leave. Lawsuits can ensue. And as the investigation unfolds, the damage can turn out worse than anyone had thought.
The ever-changing landscape of cyber risk coupled with a lack of access to industrywide exposure data has left many insurers struggling with fundamental questions:
- What coverages can we offer to address the growing world of cyber risk?
- What information do I need to evaluate cyber risks effectively?
- How can I develop pricing that accounts for key risk factors, including size and age of company?
ISO’s cyber risk suite can help insurers and their customers address cyber exposures that are potentially catastrophic.