ISO Cyber Risk Solutions offers the tools and support services your customers need to manage the financial perils of today’s digital and connected world. Through ISO Cyber Risk Solutions, you have access to insurance policies and other insurance contract language designed to address many of the emerging cyber risks that businesses face, including data breaches, computer viruses, cyber extortion demands, and malicious hacking events. The design of the ISO insurance contract language allows insurers to tailor coverage for their customers or offer set packages that protect against the most common cyber exposures.
Special Cyber Insurance Data Call
ISO has issued a special cyber insurance data call, asking insurers to provide data that will help address a major issue facing today’s cyber insurance market: the need for more detailed underwriting and rating information. As part of the voluntary call, we’ll collect premium and loss data for cyber liability and first-party coverages written between 2010 and 2014. The data will be aggregated and analyzed, and available to insurers looking to enter the cyber market or expand their books of business. Please note the following:
- We’d like to capture data on all policies written beginning January 1, 2010 and subsequent, up to December 31, 2014 (i.e., ending December 31, 2015). For capturing and identifying cyber loss data, please evaluate the losses up to March 31, 2016.
- The due date for responding to the the Special Data Call is September 30, 2016.
- All insurers, regardless of whether they currently report data to ISO, are invited to submit data.