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Three Things to Know About Cybersecurity Insurance

Posted by John Linkous on May 3, 2017

Recently, management consulting firm Deloitte identified that cybersecurity insurance, while currently only a small fraction of the overall market of insurance underwriting, is poised to dramatically increase over the next few years, potentially even tripling by 2020.  This is backed up by insurance giant Allianz, which has predicted that cybersecurity insurance will increase from its current $1.5-$3 billion in annual premiums to over $20 billion just a few years after that, in 2025.

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