cyber take-up rate News

1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds

Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index said their firm was the victim of a cyber event – the highest percentage since the annual survey began in …

Survey Finds 78% of Risk Managers Now Buying Cyber Insurance

The tenth year of the Zurich North America and Advisen Cyber Survey reveals that 78% of risk managers now purchase some level of cyber insurance — compared to only 34% in 2011. Of this record of 78% with some cyber …

Cyber Insurance Sales Continue to Grow, Prices Stabilize, Brokers Report

Businesses are buying more cyber insurance and prices for the coverage are stabilizing, according to the latest survey by The Council of Insurance Agents and Brokers. According to the survey of about 100 commercial lines brokers, about 32 percent of …