It is no secret that security breaches occur frequently and often result in significant financial damages. The implications are far reaching, and as this problem continues to evolve and escalate, more companies are purchasing standalone cyber risk policies to protect themselves and their customers.
Peter Hagen, co-founding partner and CEO of HSNO, wrote an article addressing the next big thing in insurance claim services: Cyber Risk. He writes about this growing market that is expected to reach $2.4 Billion in premiums by the end of 2015 and lists the commercial carriers that are currently leading the way in underwriting the standalone cyber policies in North America. Primary topics include:
- Who Is at Risk?
- Commercial Carriers Cyber Market Share
- Corporations With Standalone Cyber Policies
- Business Interruption Losses-Cyber
Read the article to learn more about the cyber risk insurance market and the types of policies available, and for more information about how HSNO helps with cyber risk claims, visit our Cyber Fraud page.