Insurance brokers in the United States reported an increase in demand for cyber insurance policies in 2021 and early 2022. In the first quarter of 2022, 89 percent of the brokers surveyed reported an increase and 72 percent reported an increase in claims.
Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022
Characteristic
Brokers reporting an increase in demand
Brokers reporting a decrease in capacity
Brokers reporting an increase in claims
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Statista. (September 27, 2022). Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022 [Graph]. In Statista. Retrieved July 15, 2024, from https://www.statista.com/statistics/1336529/cyber-insurance-changes-in-demand-capacity-and-claims-usa/
Statista. "Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022." Chart. September 27, 2022. Statista. Accessed July 15, 2024. https://www.statista.com/statistics/1336529/cyber-insurance-changes-in-demand-capacity-and-claims-usa/
Statista. (2022). Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022. Statista. Statista Inc.. Accessed: July 15, 2024. https://www.statista.com/statistics/1336529/cyber-insurance-changes-in-demand-capacity-and-claims-usa/
Statista. "Share of Cyber Insurance Brokers Who Reported Changes in Demand, Capacity, or Claims in The United States from Q1 2020 to Q1 2022." Statista, Statista Inc., 27 Sep 2022, https://www.statista.com/statistics/1336529/cyber-insurance-changes-in-demand-capacity-and-claims-usa/
Statista, Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022 Statista, https://www.statista.com/statistics/1336529/cyber-insurance-changes-in-demand-capacity-and-claims-usa/ (last visited July 15, 2024)
Share of cyber insurance brokers who reported changes in demand, capacity, or claims in the United States from Q1 2020 to Q1 2022 [Graph], Statista, September 27, 2022. [Online]. Available: https://www.statista.com/statistics/1336529/cyber-insurance-changes-in-demand-capacity-and-claims-usa/