New cyber risk products that take an empirical, quantitative approach can provide a direct and predictable correlation to long-term outcomes. New cyber risk products that take an empirical, quantitative approach can provide a direct and predictable correlation to long-term outcomes. (Shutterstock)

Breach insurance premiums are on the rise and expected to grow tenfold over the next decade from $2 billion to $20 billion. The number of underwriters also is growing.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Catastrophe & Restoration
Claims Technology
Education & Training
Commercial Lines
E&S/Specialty
Cybersecurity
Emerging Risk
Loss Control
Analytics & Data
Information Security
Technology Solutions