ISE 2012: Interest in cyber insurance 'overwhelming' in Europe

Insurance Strategy Europe 2012

Speaking at Insurance Insight's inaugural Insurance Strategy Europe event, Jacob Ingerslev, European underwriting director for technology and cyber risks at CNA, said that interest from Europe in cyber crime insurance is growing rapidly.

Ingerslev explained that the annual cost of cyber crime is currently £244bn, and that changes to breach of notification law could affect this further.

Currently only Germany and Austria in Europe have

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