Call us now:
The UK cyber insurance industry only paid out £197 million in 2024. Or about a third of the cyber spend of an average systemically important bank. Or 197% of the expected payout against Jaguar Land Rover, a single company, a single claim.
With the cyber industry focused on the SME market, one wonders about the growth in premium income and claims as cyber becomes both regulated and its frequency, complexity, and impact severity increase.
@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan
Veritas GRC
#cyberriskmanagement #cyberinsurance
View Original Post
https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7393949238692511744