Cyber Insurance Demand, Supply, Awareness Continue to Grow: Marsh

Insurance Journal | April 17, 2019

The message about the need to take cyber risk and insurance seriously is getting through to companies and boardrooms. “As risk awareness has grown, more organizations, particularly those focused on their business interruption risk, are turning to the cyber insurance market for protection,” according to Tom Reagan, U.S. Cyber Practice Leader for global insurance broker Marsh. Marsh issued a new report on the cyber market, More Cyber Insurance Buyers as Awareness Grows. Cyber insurance pricing remains competitive; average pricing for cyber insurance coverage fell by 0.6% in the fourth quarter of 2018. Insurers also continue to provide more coverage in exchange for premium, although this trend may not continue indefinitely, according to Marsh. The estimated cyber insurance market increased to $1.8 billion in 2018, three times what it was in 2015, the report says.

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The Duke-Margolis Center would like to thank several individuals for their contributions to this white paper. The paper would not have been possible without the months-long collaboration of the authors listed on page two. Their expert perspectives, open discussion, and thoughtful feedback on working drafts were indispensable and we are grateful for their support.

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The Duke-Margolis Center would like to thank several individuals for their contributions to this white paper. The paper would not have been possible without the months-long collaboration of the authors listed on page two. Their expert perspectives, open discussion, and thoughtful feedback on working drafts were indispensable and we are grateful for their support.

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Zywave and DataCrest Announce Digital Forms Integration Between Partner Platform and AppEase

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Inszone Insurance Services Acquires B-W Insurance Agency, LLC

Inszone Insurance Services | July 22, 2022

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New carrier partners go live on Commercial Submissions to streamline small commercial quoting

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