Europe’s Cyber Brokers, Carriers, and Security Experts UniteEurope’s Cyber Brokers, Carriers, and Security Experts Unite
Cyber risk is keeping leaders awake at night and is a growing concern for businesses of all sizes around the world. With increased cyber attacks, data loss and cyber extortion becoming more prevalent and financially damaging, there is a growing need and market for cyber insurance.
However, despite it being one of the fastest-growing markets over the last decade, significant challenges remain. While cybersecurity attacks continue to surge, premiums are increasing, capacity is being reduced, and coverage restricted. As the market needs to find a balance between buyers’ demand for affordable cyber cover and insurers protecting themselves from systemic losses, what steps can the industry take to create a sustainable, resilient, and affordable market for all?
Cyber Risk & Insurance Innovation Europe, to be held in London on February 8, 2024, will address the many challenges and issues affecting policyholders, global re/insurers, brokers, managing general agents, solution providers, industry bodies and regulators. The event will provide key stakeholder insights into the current state of the cyber insurance market, and address major concerns with regard to cybersecurity risk, assessment, underwriting challenges, and growth opportunities.