Industry leaders come together to propose a solution
Exploring the current limitations in the cyber CAT modelling of the SMB segment, the report found that small and medium businesses (SMBs) now represent 45% of the cyber market exposure, up 45% from five years ago. It also highlighted that the increased share of SMBs in the cyber insurance market requires accurate quantification of their aggregation potential in order for effective capacity deployment and risk management.
Understanding the cyber aggregation risk of SMBs
Discussing the research, report author Jess Fung (pictured left), MD and Northern American cyber