Preparing For The Big One
Chief Executive
MARCH 10, 2023
Industrywide loss ratios (claim costs divided by earned premiums) increased from 43 percent in 2016 to 65.4 Insurance is Not a Panacea Cyber insurance has been a key element in risk mitigation, giving companies the recourse to pass on the lion’s share of the costs of a network outage to an insurance carrier.
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