Is Cyber insurance in crisis? (a podcast with Tom Johansmeyer)
Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by returning guest Tom Johansmeyer, Head of Property Claims services at Verisk. In this episode they discuss and try to answer the following question: 'Is cyber insurance in crisis?'.
In this episode we discuss:
- What is typically covered in a cyber policy
- The three main categories of loss in a cyber policy
- Why Tom sees 2017 as a critical year for cyber insurance
- Expected growth of the cyber insurance market over the next five years
- Reasons why cyber insurance may be considered to be in crisis
- What can be done to rectify the issues currently affecting the cyber market
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