Systemic Cyber Risk: Is it Insurable?
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Reliable modeling begins with defining and refining the data required.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
At its core, aggregation risk triggers multiple policies.