Survey: Cyberinsurance posted significant premium growth last year

01/21/2013 | PropertyCasualty360

Cyberinsurance premium volume increased 25% last year as standalone cybercoverage grew to a $1 billion market, according to a survey by Betterley Risk Consultants. "More clients are looking, and we are seeing greater seriousness to their research," Marsh's Robert Parisi says. "Most of the accounts we take into the process of quoting are buying the coverage. Our book is growing commensurate with that activity."

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