Whitepaper.pdf

cyber-insurance-underwriting-high-tech-evolving-discipline-white-paper-2014-11-06.pdf
Preview of whitepaper
🔗 Source: advisenltd.com
📊 Size: 160 KB
👤 Author: Advisen Ltd.
⬇️ Downloads: 157

Summary

The cyber insurance market has grown significantly, with a five-fold increase in purchases from 2006 to 2013, and now has 50-60 insurers offering stand-alone cyber insurance policies. These policies provide comprehensive coverage for data breach damages, including investigation, restoration, and notification costs. The average policy limit purchased is around $1 million for small companies and $32.5 million for large companies. Despite this growth, the market penetration rate remains low, with only 25.9% of companies with $5 billion or more in annual revenue having cyber insurance. Underwriters use various tools, including client-completed application forms, online risk assessment tools, and third-party technology, to assess risks and determine coverage levels. The industry is moving towards requiring enterprise-level risk mitigation before issuing cyber cover, with some brokers offering accreditation and discounts to clients who pass risk assessment tests.

Description

The cyber insurance market has grown significantly, with a five-fold increase in purchases from 2006 to 2013, and now has 50-60 insurers offering stand-alone...

Technical Information

  • File Format: PDF
  • File Size: 160 KB
  • Pages: 11
  • Language: EN
  • Author: Advisen Ltd.
  • Total Downloads: 157
  • Last Updated: 2 weeks ago

Document Overview

This PDF document about whitepaper provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into whitepaper.

Related Topics

If you're interested in whitepaper, you might also want to explore:

Download whitepaper eBooks for free and learn more about whitepaper. These books contain exercises and tutorials to improve your practical skills, at all levels!

Not satisfied with this document? We have related documents to whitepaper, try searching with similar keywords: 10Things IoT Whitepaper , 2007 Office Suites Comparison Whitepaper, 2012 Whitepaper , Amazon Web Services Risk And Compliance Whitepaper, Avaya Wireless Telephones 3631 3641 3645 Whitepaper About, Aws Security Whitepaper, BigData Oil And Gas Whitepaper Infographic , Citect Whitepaper A Purpose Built Mes Architecture Intelliscada

You can download PDF versions of the user's guide, manuals and ebooks about whitepaper, you can also find and download for free A free online manual (notices) with beginner and intermediate, Downloads Documentation, You can download PDF files (or DOC and PPT) about whitepaper for free, but please respect copyrighted ebooks.