Product Code: IS1490MR
Timetric's 'Insight Report: Developments in Cyberinsurance' analyzes the evolution and expansion of cyberinsurance in the global market.
The globalization of value chains, rapid urbanization, continuous financial integration and the internet's ubiquity have accelerated worldwide economic growth in the past few decades. Unfortunately, these developments have also significantly increased vulnerability to external shocks in the form of cybercrime.
Increasing digitization has allowed cybercriminals to hack important data or disrupt the operational efficiency of various organizations. The growing threat of cyberattacks has positioned cyberinsurance as an important and effective risk-mitigation tool.
Although cyberinsurance does not replace the need for cybersecurity technology, it has the ability to complement cybersecurity standards through mitigating cyber risk.
The report also analyzes regional and industry level developments, and risks pertaining to cyberinsurance. Knowledge of cyber-risk at granular level is critical when underwriting cover suited to business or industry-specific needs.
Summary
Timetric's 'Insight Report: Developments in Cyberinsurance' analyzes the growing significance of cyberinsurance as a cyber-risk-mitigation strategy. It provides:
- A global overview of cyberinsurance, and discusses the market dynamics by analyzing key trends, opportunities and challenges
- An industry-level assessment of risk
- Insights into the ongoing development of cyberinsurance
- An overview of the various regulatory changes
- Analysis of policy gaps and underwriting issues
- Insight into innovation in cyberinsurance, with respect to product development and strategic partnerships
- A snapshot of recent developments in leading cyberinsurance regions
Scope
- This report analyzes the significance of cyberinsurance as a cyber-risk-mitigation tool.
- It analyzes policy gaps and underwriting issues.
- It discusses innovation in cyberinsurance with respect to product development and strategic partnerships
- It provides a snapshot of recent developments in the leading cyberinsurance regions
Reasons To Buy
- Build an understanding about the cyberinsurance market from a global perspective
- Develop an insight into market trends and drivers
- Gain an understanding of regulations in particular regions or industries related to cyberinsurance
- Learn about different competitive strategies in the industry
Table of Contents
1. Executive Summary
2. Cyberinsurance - Global Overview
- 2.1. Key Trends
- 2.2. Opportunities
- 2.3. Challenges
3. Value Chain Dynamics
- 3.1. Product Development
- 3.1.1. Cyberinsurance policy gaps
- 3.2. Underwriting
- 3.3. Distribution
- 3.4. After Sales
4. Competitive Landscape
- 4.1. The US
- 4.2. Europe
- 4.3. Competitive Strategies
- 4.4. Strategic Partnership Snapshot
5. Cyber-Risks in Specific Industries
- 5.1. Marine
- 5.2. Aviation
- 5.3. Energy
- 5.4. Healthcare
- 5.5. Financial Services
- 5.5.1. Banking
- 5.5.2. Insurance
6. Dynamics in the Regulatory Domain
7. Outlook
8. Definitions and Methodology
- 8.1. Definitions
- 8.2. Methodology
9. About Timetric
- 9.1. Contact Timetric
- 9.2. About Timetric
- 9.3. Timetric's Services
- 9.4. Disclaimer
List of Tables
- Table 1: Notable Product Launches, 2016
- Table 2: Strategic Partnerships
- Table 3: New Aviation Innovations and Associated Risks
- Table 4: Cyberattacks in the Healthcare Sector, 2015
- Table 5: Industry Specific Laws and Regulations on Data Protection and Privacy in the US
- Table 6: Insurance Industry Definitions
List of Figures
- Figure 1: Cyberinsurance Developments, Regional Snapshot
- Figure 2: Cybersecurity Startups Snapshot (Operating Revenue and Functions), 2016
- Figure 3: Approximate Cyberinsurance Premiums Charged in 2015
- Figure 4: Growth in Cyberinsurance Premiums
- Figure 5: Aggregation of Risk due to Cyberincidents
- Figure 6: The Cyberinsurance Value Chain
- Figure 7: Cyberinsurance Claims Statistics, 2016
- Figure 8: US Cyberinsurance - Market Shares of the Leading Insurers (%), DWP, 2015
- Figure 9: Competitive Strategies for Cyberinsurers
- Figure 10: Effects of Cyberattacks on the Marine Industry
- Figure 11: Possible Risks from New Aviation Technologies
- Figure 12: Impacts of Cyber-Risks in Energy Sector
- Figure 13: Cyber Attacks on Energy Sector between 2014-2015
- Figure 14: Major Cyberattacks on Insurance Companies during 2014-2015
- Figure 15: Data Protection and Privacy Laws in Key Countries
- Figure 16: Recent Regulatory Developments