The Global Cyber Insurance Market is Projected to Reach at a CAGR of 24% During the Forecast Period 2018-2022.

According to the new market research report by IndustryARC titled “Cyber Insurance Market By Organization Size (Small and Medium Enterprises (SMES), Large Enterprises), By Types of Coverage (First-Party and Third-Party),...

According to the new market research report by IndustryARC titled “Cyber Insurance Market By Organization Size (Small and Medium Enterprises (SMES), Large Enterprises), By Types of Coverage (First-Party and Third-Party), By Industry Vertical (Healthcare, Transportation, Retail, Information Technology and Services, Financial Services, Power Generation, Infrastructure and Others) & Geography – Forecast (2018 – 2023)” the market will be driven by the growing awareness against cyber risks and cyber-attacks in many organisations.

To access the full report, click the link below:

North America Dominates the Cyber Insurance Market:

North America will dominate the Cyber Insurance Market during the forecast period. The mandatory legislation regarding the cyber security in many US states has led to the emergence of cyber coverage. The cyber insurance industry in the US has become mature. Asia Pacific is expected to show a significant growth during the forecast period due to the increase in ransomware attacks.

Selected Regulatory Analysis Done in the Full Report:
The Banking Financial Services and Insurance(BFSI) has the largest growth in the Cyber Insurance Market as  these companies are prone to cyber-attacks. The retail and manufacturing industries will have the fastest growth during the forecast period due to more cyber challenges in the industry such as digital supply chain management and online operations.

Selected Driving Factors Mentioned in the Full Report:
Growing cyber-attacks in many organisations will enhance the demand for the cyber security insurance.
Increase in the levels of liability and legislative developments propel the growth of cyber insurance risk assessment.
Growth of the healthcare industry drives the demand for cyber liability insurance policies.

Key Players of the Cyber Insurance Market:
The key players of the cyber insurance market include American International Group, Chubb Limited, XL Group Ltd, and AXIS Capital Holdings Ltd. American International Group has recently announced the launching of Cyber Edge Plus, a policy that provides clients with primary insurance protection against cyber risks.

Related Report:
A. Insurance Brokerage Market

B. FinTech Market
The Cyber Insurance Market is Segmented as Indicated Below:
Growing interest and awareness about cyber insurance will propel the growth of the Cyber Insurance Market.
A. Cyber Insurance Market By Organisation Site
1. . Small and Medium Enterprises (SMES)
2.  . Large Enterprises
B. Cyber Insurance Market  By Type of Coverage
1. Introduction
2. First-Party Coverage
2.1. Crisis Management
2.2. Cyber Extortion

What can you expect from the report?
The Cyber Insurance Market Report is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
7. Product Benchmarking
And more

Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to [email protected] to learn more about our consulting services.

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About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.

IndustryARC primarily focuses on cutting-edge technologies and newer applications in a market. Our custom research services are designed to provide insights on the constant flux in the global supply–demand gap of markets. Our strong team of analysts enables us to meet the client’s research needs at a rapid speed and with a variety of options.

We look forward to helping the client address its customer needs effectively, stay ahead in the market, become the top competitor, and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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