Systemic Cyber Risk: Is it Insurable?
At its core, aggregation risk triggers multiple policies.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.