There’s gold in them there hills. Or at least that’s what its felt like to brokers and insurers.

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There’s gold in them there hills. Or at least that’s what its felt like to brokers and insurers. However the complexity of cyber as an insured risk is starting to be felt as the lines are blurred even further between geopolitical cyber, cybercrime and fraud and the impact on and from corporate and home users.

There is something to be said about solution providers delivering products that actually help people manage the risks. There are plenty of products out there which will solve a cyber risk problem and plenty which won’t, but cyber is a problem much bigger than any single product and requires a portfolio of solutions.

Is it time that the insurance industry takes the lead and sets appropriate standards, as it does with other insurance categories. Maybe the nuggets from the Klondike are going to take a bit of effort to dig out. Or at the very least the industry needs to do more to secure its investment when trying to find them.

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