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Survey Roundup: More Companies Warming to Idea of Cyberinsurance

June 9, 2014 /

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Rising Cyberthreats Fueling Drive for Insurance. A cyber risk survey conducted by insurance firm Munich ReMUV2.XE -0.09% found more than three-quarters of the mid-sized to large U.S. companies surveyed said they will have cyberinsurance in the next year. The survey of more than 100 risk managers found 82% saying the cyberinsurance policies available on the market are adequate to meet their coverage needs. Of the 23% of companies that said they don’t plan to buy insurance, nearly nine in 10 said current coverage options don’t meet their needs or would not be relevant for their business.

By
Ben DiPietro

Wall Street Journal

Full Story: http://blogs.wsj.com/riskandcompliance/2014/06/06/survey-roundup-more-companies-warming-to-idea-of-cyberinsurance/?mod=WSJ_hpp_sections_riskcompliance