Press release
Future Analysis and Scope of Cyber Insurance Market 2022 | American International Group, Inc.,The Chubb Corporation,Zurich Insurance Co. Ltd,XL Group Ltd,Berkshire Hathaway,Allianz Global Corporate & Specialty
Cyber insurance market is set to grow as an outcome of an increase in data breach incidences in past 2-3 years. These attacks escalate in intensity and frequency, and pose a threat to individuals, organizations, and countries. Cyber-attacks have adverse impact on businesses such as declining customer base, disruption of business, regulatory fines, legal penalties & attorney fees, loss of intellectual property, and reputational damage.Get Sample - Research Analysis and Growth Strategy - https://bit.ly/2TRwkIm
Some of the key players of Cyber Insurance Market:
American International Group, Inc.,The Chubb Corporation,Zurich Insurance Co. Ltd,XL Group Ltd,Berkshire Hathaway,Allianz Global Corporate & Specialty,Munich Re Group,Lloyd's,Lockton Companies, Inc.,AON PLC,BitSight Technologies,Security Scorecard,Pivot Point Risk Analytics,Quadmetrics, Inc.,Bin Insurer Holding, LLC,Beazley Plc.
In the year 2014, there was increased number of cybercrimes with similar repercussions. Business houses such as Home Depot, Sony Entertainment, and Target had experienced data breaches that required them to pay billions of USD to cover the cost of damage. Similarly, financial institutions such as JP Morgan Chase, were also affected more severely, and had to pay huge amount to cover losses. To cater to the same, the stakeholders within the cyber insurance industry use approaches to educate consumers about the losses incurred due to cyber-attacks and stratagems to cope with them. For instance, Cyber liability insurance, which is available since last ten years, tends to protect business data from such cyber-attacks.
Cyber insurance industry provides insurance products to mitigate risks and associated cost incurred due to cyber-attacks. BFSI, healthcare, and retail sector are the most targeted sectors, witnessing increase in incidences of information and identity theft, scams, and frauds. However, in the recent years, other industries such as manufacturing, construction, sports & gaming, entertainment, and education have also come under threat from cyber-attacks.
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What the report features:-
1. Global analysis of Cyber Insurance Market from 2014 - 2022 illustrating the progression of the market.
2. Forecast and analysis of Cyber Insurance Market by Dosage, Route of Administration and Application from 2014 - 2022.
3. Forecast and analysis of Cyber Insurance Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
Reason to Buy:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Cyber Insurance Market.
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. The key findings and recommendations highlight crucial progressive industry trends in the Cyber Insurance Market, thereby allowing players to develop effective long term strategies.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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