The Verisk Cyber Data Exchange enables participants to access credible, industry-wide premium and loss data on cyber risks and insurance trends, helping them gain a clearer picture into the cyber market.
Verisk’s Cyber Data Exchange can help illuminate the cyber insurance market through aggregating, sharing, and enriching insurance data. The process is simple. Insurers contribute their cyber insurance premium and loss data to the Cyber Data Exchange. In return, Verisk analyzes the aggregate data and provides business intelligence back to those contributing companies via interactive dashboards.
Nationwide is contributing premium and loss records to the Cyber Data Exchange, becoming part of growing effort to gain new insights into the rapidly changing world of cyber risk.
Cyber insurance is a growing market, but a lack of credible cyber insurance data can hamper your product development, pricing, and strategic decision making. By joining the Cyber Data Exchange, you can gain a clearer view into cyber insurance trends by tapping into the collective experience of participating members.
The Cyber Data Exchange is a part of Verisk's Cyber Solutions Suite, which was named Cyber Solution of the Year at the InsuranceERM Annual Awards 2020 – Americas. The Verisk Cyber Solutions suite, built on a database with information from more than 100 million worldwide organizations, delivers policy language, loss costs, analytics, modeling, workflow capabilities, and more.
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