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Cyber insurance faces major coverage gaps, experts warn
An Insurance Business cyber expert said the largest mismatch is between clients' coverage and the risks they face, with market direction expected over the next three years.
In the latest Peer to Pier edition of Insurance Business TV, a cyber expert assessed the current state of the cyber insurance market.
The expert highlighted a key problem, a gap between what clients have coverage for and the risks they actually face.
The discussion also addressed where the cyber insurance market is expected to head over the next three years, pointing to changes coming in coverage and market dynamics.
Insurance Business framed the segment around the coverage mismatch and the role of emerging tools, including AI, as the industry looks ahead.