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UK Cyber Insurance Trends 2020
The number of UK organisations purchasing cyber insurance doubled in 2020, driven in part by a greater appreciation of cyber and technology risk, and illuminated by changes in work patterns driven by the COVID-19 pandemic.
At the same time, pricing generally increased, driven by cyber-attacks and an increase in claims severity.
Cyber risk remains a top business concern
Download Marsh Specialty’s UK Cyber Insurance 2020 Trends report to learn about:
- The sectors experiencing changes in their cyber insurance purchasing patterns.
- How organisations are increasing their cyber insurance limits.
- The types of cyber claims notification seen in the UK, and their frequency.
- How cyber insurance pricing is changing.
The report is based on aggregated data from Marsh UK clients who buy insurance through the London market.