AXIS Insurance: ‘We have to offer tangibility in cyber insurance’
AXIS Insurance | December 19, 2018
Intangible risk is a difficult concept to grasp. How can something be risky if you can’t see it? How can you lose money on something that has no palpable value? This is the backdrop that cyber insurers, brokers and risk managers are constantly battling against. And they’ve done a great job so far. Cyber is one of the hottest topics in the insurance industry and one of the fastest-growing markets around the world. Cyber insurance is now a common purchase among large commercial organizations and is slowly gaining the interest of small and medium-sized enterprises (SMEs).