Overview

Cyber insurance is a difficult space in which to participate; risk is hard to measure, threats are constantly evolving, and damages can be massive. Technology is (belatedly, some might note) disrupting the delivery and quality of cyber insurance. Traditionally staid insurance companies are developing and/or white-labeling cybersecurity technologies such as managed detection and response (MDR) and security operations center (SOC) as-a-service and mandating their use as an eligibility requirement for policy coverage customers.

• Why are cyber insurance companies making their service offerings more dynamic by employing new cybersecurity tools? How will it impact the growth potential of Insurtech?
• How are the partnerships between insurance companies and technology vendors rapidly changing the current industry dynamics and paving the way for new growth opportunities?
• How will the convergence of a traditional industry (insurance) with a newer one (cybersecurity) help provide better customer value, greater risk visibility, and improved risk mitigation while creating significant growth prospects?

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