Most Small Firms Still Don’t Buy Cyber Cover. The Lloyd’s Market Is Writing Them A Simpler Policy.
Fewer than one in 10 small businesses in the UK and Europe buy cyber insurance, says Munich Re’s Helga Munger. US adoption may run 20% to 30%. Insurers at a Zywave roundtable called that the market’s biggest opening. The Lloyd’s Market Association is about to publish a plain-English policy built to reach them. The Zywave … Read more