Carriers need cyber security services firms for active engagement and collaboration to develop and support a dynamic product.
Cyber insurance is designed to protect individuals and businesses from internet-based risks, such as cyberattacks, data breaches and other cyber-related incidents. Once thought of as a specialized product provided by excess and surplus (E&S) or specialized carriers, cyber insurance is emerging as more mainstream as attacks have surged over the last five years. COVID-19 and open-source accelerated this…
