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U.S. Cyber Insurance Premiums Grew 22% Annually from 2015-2017

September 6, 2018 | Content Aggregator - Single Slide | Cybersecurity Insurance

U.S. cyber insurance premiums grew to $1.8 billion in 2017, a 37 percent increase from the prior year. Since 2015, cyber insurance premiums grew at a 22 percent compound annual growth rate (CAGR).
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Cyber Insurance Checklist

Cyber insurance is meant to respond to the risks an entity has due to its collecting, storing or handling of data, or its utilization of technology in operating its business. Think of cyber insurance as covering two types of loss: the harm you suffer (first party or direct loss) and the harm you cause (third party or liability). This checklist details key coverages.