Cyber Insurance Market Expected to Rise Steadily throughout 2018 to 2023

Research N Reports has pronounced the addition of a new market report to its vast depository, titled “Global Cyber Insurance Market Professional Survey Report 2018.” The report analyzes all the key aspects of the global market and presents a predictive analysis regarding its future scope of development through 2023, factoring in the factors that will drive and restrain its course of expansion and the key trends and regulations affecting several aspects of the market.

The cyber insurance market is flourishing owing to increase in demand for cyber insurance policies. The growth is attributed to the rise in cyber-attacks such as coordinated cyber-attack on regional energy distribution companies in Ukraine, system breach of the health insurer Anthem Inc., breach of the White House's unclassified network, and massive customer data breach faced by LinkedIn and twitter. These incidents have adverse effects on businesses, and organizations have incurred huge losses owing to the same. As an outcome, growth in awareness about different cyber risks is witnessed in the boardroom which resulted in higher adoption of cyber liability insurance policies. The, C-suite levels have predicted that the market is expected to grow at double-digit figure, and a significant surge in demand for cyber insurance policies is also predicted.

Top Key Players:
The Chubb Corporation, Zurich Insurance Co. Ltd, XL Group Ltd, Berkshire Hathaway, Allianz Global Corporate & Specialty, Munich Re Group, Lloyd’s, Lockton Companies, Inc., AON PLC, BitSightTechnologies, Security Scorecard, Pivot Point Risk Analytics, Quadmetrics, Inc.

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The report includes massive data relating to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market’s future development. The research report analyzes the global Cyber Insurance market in a detailed manner by explaining the key aspects of the market that are expected to have a quantifiable influence on its developmental prospects over the forecast period. The major growth drivers, challenges, and trends influencing the market are examined at length. The report also presents a thorough qualitative and quantitative data affecting to the projected impact of these factors on market’s future growth prospects.

Increase in cyber risk awareness among high executives and high cyber-related losses boost the market. Also, implementation of legislation regarding data security in emerging nations is also likely to drive the market. As a result, the insurance and reinsurance providers of the cyber insurance industry have taken upon this opportunity to secure high margins. However, complex and changing nature of cyber risks limits cyber insurance market growth.

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Table of Contents

Global Cyber Insurance Market Research Report 2018-2023

Chapter 1 Cyber Insurance Market Overview

Chapter 2 Global Economic Impact

Chapter 3 Competition by Manufacturer

Chapter 4 Production, Revenue (Value) by Region (2018-2023)

Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2023)

Chapter 6 Production, Revenue (Value), Price Trend by Type

Chapter 7 Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Market Forecast (2018-2023)

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This release was published on openPR.