Global Cyber Market Overview – Uncovering the Hidden Opportunities

Global Cyber Market Overview – Uncovering the Hidden Opportunities

Highly publicised attacks on blue chip companies, announcements of alliances formed between insurers, reports of partnerships established with cyber security firms and hiring of renowned experts have all contributed to making cyber one of the hottest topics in the insurance industry. However, behind the hype of the media and the marketing battles fought by insurers and brokers to position themselves as leaders in the market, there is the reality of a genuine opportunity.

In our latest Aon Inpoint paper, we explore how the cyber insurance market has evolved in recent years to understand how:

  • The drivers underpinning the growth in the US will contribute to the growth in other parts of the world, with a focus on the upcoming European market,
  • a few insurers have been able to build significant presence in the market but face imminent challenge as more and more insurers are now competing in this space,
  • customer needs and covers are developing and the opportunities this is likely to bring,
  • the reinsurance market is playing its part in supporting cyber insurers, and,
  • key players have looked beyond the insurance market to identify growth opportunities.

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