• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring home
  • News
  • Products
  • Contact

 

When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • Sponsored Placement
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

Cyber Insurance Market Size to Upsurge Owing to Increase in Incidences of Data Theft, Breach And Cyberattacks: Radiant Insights, Inc.


News provided by

Radiant Insights, Inc.

Feb 18, 2020, 04:40 ET

Share this article

Share this article


SAN FRANCISCO, Feb. 18, 2020 /PRNewswire/ -- The Cyber Insurance Market is expected to grow at a significant rate over the forecast period. Cyber insurance is a broad spectrum of tools available to organisations to enhance their cyber security and pliability. In the recent years, the lasting effects of cyber events have made organisations much aware of cyber risks with a dire need for security. Insurance solutions in the cyberspace are offered by insurers encompassing mitigation support at any odd event. Although, there has been tremendous awareness for cyber insurance, several markets are yet to achieve full potential due to prevalence of deployment challenges.

The difference in approach for small and large-medium organisations, as large organisations can rely on custom-made insurance solutions depending on the need while, small organisations can prefer for a range of insurance products. Apart, medium-sized organisations are somewhat hesitant with the coverage and services. As, digital transformation is a crucial component in affecting all elements in an organisation, the capability of an organisation to conduct awareness for cybersecurity risk management campaigns, not only by IT people but also remains with operational teams at large. Hence, an insurer can then observe IT security as an organisational matter or an individual entity within an organisation. With this as a practice, every insurer can have a general assessment of organisation and its capability to inhibit any damage incurred by the organizational workforce.

The cyber insurance market size is expected to widen in the forthcoming years attributing to rise in digitalization in business wherein potential challenges have grown for data security and reliability. Businesses are now keen on developing robust security infrastructure for security management. Rise in incidences of data theft, breach and cyberattacks are more likely to drive the need for cyber insurance in the forthcoming years. Companies under large bandwidth constantly face enormous data loss on an annual basis and hence to mitigate such incidences, internet insurance and data protection solutions is gaining a huge traction. Risk transfer is expected to emerge as a viable alternative to counter data theft incidences.

Download PDF to know more details about "Cyber Insurance Market" report 2030.

On contrary, low standardization, high pricing and fierce competition is more likely to limit the market growth in the forecast span. In addition growing size of data and development of complex network clusters with entry and exit points is more likely to create loopholes in the network system, thereby creating security challenges in the network system. However, digital awareness campaigns and growing initiative for robust security levels are expected to create novel opportunities for the market development. By type of distribution channel, the market can be segmented as brokers, tied agents, direct and other channels. By size of business, the cyber insurance market can be segmented as small, medium and large. Small enterprises are likely to have a strong position attributing to adherence of data policies driven by need for data protection. Large enterprises are expected to have steady pace in the market attributing as the cyber insurance market is still in the nascent stages.

By end-use, the market can be segmented as professional services, government bodies, financial services, retail and wholesale, IT services, education and manufacturing. Insurance services are most widely used in the financial sector to safeguard data pertaining to stocks, equity and funds. By region, the market can be segmented as North America, South America, Europe, Asia Pacific, Middle-East and Africa. North America is a growing market for cyber insurance attributing to increase in rate of data theft and growing incidences of network breakdown. Moreover, U.S. organizations are now emphasizing on redefining and rescaling internet properties. European countries are now adopting policies for data safety to ensure no data violation and breach. In addition, compliance and regulatory framework is trending in the IT sector.

Some of the key players mentioned in the cyber insurance market are AXA Group, American International Group Inc., The Travelers Companies Inc., and Beazley Insurance Co Inc.

Where is the largest and fastest growing market for the cyber insurance market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The global cyber insurance market report to 2030 report from the Business Research Company answers all these questions and many more.

Access 308 page research report with TOC on "Cyber Insurance Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/cyber-insurance-global-market-opportunities-and-strategies-to-2030

  • The report covers the following chapters
    • Executive Summary - The executive summary section of the report gives a brief overview and summary of the report
    • Report Structure - This chapter gives the structure of the report and the information covered in the various sections.
    • Introduction - The introduction section gives the segmentation of the cyber insurance market by type and by end-user covered in this report.
    • Market Characteristics - This chapter of the report defines and explains the cyber insurance market. This chapter includes different products covered in the report and basic definitions.
    • Supply Chain - This chapter of the report defines and explains the key players in the cyber insurance market supply chain.
    • Customer Information - The customer information section covers recent customers' trends/preferences in the global cyber insurance market.
    • Trends And Strategies - This chapter describes the major trends shaping the global cyber insurance market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
    • Global Cyber Insurance Market - Timeline - This section describes the evolution of the cyber insurance in four major timelines: Past (1990s-2014), Present (2014-2018), Near Future (2018-2022) and Future (2023-2030).
    • Regulatory Landscape - This section provides the regulatory framework for the cyber insurance industry in the USA, Europe, China, Japan and other countries.
    • Recent Cyber Attacks And Their Impacts - This section provides a description of five recent cyber-attacks and their impacts on the business operations.
    • Technologies Aiding The Cyber Insurance Industry - This sections describes five technologies that help optimizing operations of cyber insurance providers.
    • Global Market Size And Growth - This section contains the global historic (2014-2018) and forecast (2018-2022), 2025 and 2030 market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.
    • Regional Analysis - This section contains the historic (2014-2018) and forecast (2018-2022) market value, growth, and market share comparison by region.
    • Segmentation - This section contains the market values (2014-2022) and analysis for different segments.
    • Global Macro Comparison - The global cyber insurance market comparison with macro-economic factors gives the cyber insurance market size, percentage of GDP, and average cyber insurance market expenditure.
    • Regional Market Size and Growth - This section contains the region's market size (2018), historic (2014-2018) and forecast (2018-2022) market values, and growth and market share comparison of major countries within the region. This section also gives information on industry metrics that affect or influence the cyber insurance market. Industry metrics covered in this section include number of employees and number of enterprises. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa and major countries within each region.
    • Competitive Landscape - This section includes details on the competitive landscape of the global cyber insurance market, estimated market shares and company profiles of the leading players.
    • Key Mergers And Acquisitions - This chapter includes the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions that have shaped the market in recent years.
    • Conclusions And Recommendations - This section includes conclusions and recommendations based on the findings of the research. This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is a significant business to be gained by competitors in the next five years.
    • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report
  • Markets Covered:
    • By Type Of Distribution Channel: Brokers; Tied Agents And Branches; Direct and Other Channels; Bancassurance
    • By Type Of Insurance: Standalone, Package, Personal
    • By Size Of Business: Mid, Large, Small
    • By Type Of Claim: Ransomware, Hacker, Business Email Compromise, Malware/Virus, Phishing, Third Party, Rogue Employee, Legal Action, Paper Records, Programming Error, Staff Mistake, Lost/Stolen Laptop/Device, Others
    • By End-Use: Professional Services, Media, Healthcare, Government Bodies (Public), Financial Services, Retail And Wholesale, Education, Manufacturing, IT Services, Others
    • Companies Mentioned: Chubb Limited; AXA Group; American International Group, Inc.; Beazley Insurance Co, Inc.; The Travelers Companies, Inc.
    • Countries: China, India, Japan, Australia, South Korea, Indonesia, USA, Canada, Mexico, Brazil, UK, Germany, France, Spain, Italy, Switzerland, Netherlands, Belgium, Russia
    • Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
    • Time series: Five years historic and forecast.
    • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
    • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
    • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Reasons to Purchase
    • Outperform competitors using accurate up to date demand-side dynamics information.
    • Identify growth segments for investment.
    • Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
    • Create regional and country strategies on the basis of local data and analysis.
    • Stay abreast of the latest customer and market research findings
    • Benchmark performance against key competitors.
    • Develop strategies based on likely future developments.
    • Utilize the relationships between key data sets for superior strategizing.
    • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
    • Gain a global perspective on the development of the market.

Browse reports of similar category available with Radiant Insights, Inc.:

  • Crowdfunding Market
  • Lawsuit Financing Market
  • Bitcoin Depository Market
  • Retail Financial Advisors Market

About Radiant Insights, Inc.:

At Radiant Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact:
Michelle Thoras.
Corporate Sales Specialist
Radiant Insights, Inc.
Phone: +1-415-349-0054
Toll Free: 1-888-928-9744
Email: [email protected]
Web: https://www.radiantinsights.com/
Blog: https://radiantinsightsinc.blogspot.com/

SOURCE Radiant Insights, Inc.

Modal title

Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom

My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2023 Cision US Inc.