Examining the lack of standardization in cyber insurance
Monica Shokrai (pictured), head of business risk & insurance at Google Cloud, provides a frank and insightful look into the evolving state of cyber insurance. Speaking to IB, she said that at a high level the market is still maturing, noting that cyber insurance remains relatively “immature” compared to other lines of business.
This immaturity reveals itself through a divergence in coverage across different carriers. Unlike something as standardized as auto insurance, wh