Cyber Insurance Market Competition to Heat up With Innovative Technologies Going Mainstream Globally | Key players involved are American International Group, The Chubb Corporation, Zurich Insurance, XL Group, Berkshire Hathaway and Allianz Global Corporat

The global market is expected to garner $14 billion by 2022, registering a CAGR of nearly 28% during the period 2016-2022. Increase in awareness about cyber risks from boardroom to data centers owing to the rising number of cyber-attacks in the past 23 years is the prime factor that drives the market. However, complex and changing nature of cyber risks limits cyber insurance market growth. Low market penetration of cyber insurance policies in developing countries offers promising business opportunity for market players.

Key companies profiled in the report are American International Group, Inc. (U.S.), The Chubb Corporation (U.S.), Zurich Insurance Co. Ltd (Switzerland), XL Group Ltd (Republic of Ireland), Berkshire Hathaway (U.S.), Allianz Global Corporate & Specialty (Germany), Munich Re Group (Germany), Lloyds (U.K.), Lockton Companies, Inc. (U.S.), and AON PLC (U.K.).

Get sample copy of report at: http://bit.ly/2F4KGNM

To analyze the global cyber insurance market, the cyber insurance is segmented based on company size, industry vertical, and geography. Companies are categorized as very small companies ($2.5 million to $99 million), small-sized companies ($100 million to $299 million), medium-sized companies ($300 million to $1 billion), and large ($1.1 billion and above). Among all, large companies pay larger premium for cyber liability policies, as these companies need to pay high cost to recover losses. Different industry vertical covered in this report include healthcare, retail, financial services (BFSI), information technology & services, and others (utilities, energy, manufacturing, construction, and transportation).

The cyber insurance market is analyzed across four geographical regions namely, North America (U.S. and rest of North America), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (Australia, Singapore, South Korea, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America holds the highest cyber insurance market share, followed by Europe, owing to high frequency of cyber-attacks faced by the U.S. companies.

Potential Benefits for Stakeholders

The report provides a competitive scenario of the market with current and future growth trends, structure, driving factors, scope, opportunities, and challenges.
The report includes analysis of the various market segments to provide insights on the dynamics.
Porters Five Forces analysis highlights the potential of buyers and suppliers to devise effective growth strategies and facilitate better decision-making.
Value chain analysis provides key inputs on the role of stakeholders involved at various stages of the value chain.

Purchase this report at: http://bit.ly/2F3j9wo

Table of Contents

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Cyber Insurance Market by Company Size
Chapter 5: Cyber Insurance Market by Industry Vertical
Chapter 6: Cyber Insurance Market by Geography
Chapter 7: Company Profiles

Contact us:

Premium Market Insights,

Contact Person: Sameer Joshi

Email: sales@premiummarketinsights.com

Website: www.premiummarketinsights.com

About us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.