Hacks for Understanding Cyber Insurance

Cyber has become a major and often headline-grabbing business risk and exposure.

Cyber insurance, however, is still in its relative adolescence. This immaturity has a tangible impact on the state of the cyber insurance market and associated trends.

It’s important for actuaries working in the space to understand cyber coverage and know the context behind what’s driving the market’s current conditions.

Consulting Actuary Nick Gurgone at Pinnacle Actuarial Resources discusses the present state of the cyber insurance market and provides some important context behind industry trends.