Carriers don’t have an easy task in pricing cyber insurance coverages. Because this risk is relatively new on insurers’ radar screens, there is little historical loss data to determine potential costs.
The video embedded here has some answers. In it, Kevin Kalinich, Aon’s global practice leader for cyber insurance, tells Carrier Management how insurer-pricing methods have evolved in an effort to adapt to rapidly changing cyber risks and coverage needs.
Related Articles: Cyber Risk Insurers Lag in Buying Cyber Cover
Related Videos:
Aon’s Kalinich on Insurer Appetites for Cyber Risk
Cyber Insurance Demand Uneven, Aon Exec Says
Unintended Consequences Loom from NAIC’S Cyber Principles
The Power of the First Offer: Anchoring, Evidence and the Battle for Perception 
Pot Addiction Is Possible — What to Know 
Best Quarter in a Quarter Century: S&P GMI U.S. P/C Q3 Analysis 
The Future of Knowledge in Insurance: From Training to AI-Powered Productivity 
