Despite increased awareness about cyber risk, relatively few organisations have actually identified their cyber exposures and even fewer have attempted to quantify them.
For most companies exploring cyber insurance for the first time, exposure analysis and gathering underwriting information for a dynamic risk such as cyber can be daunting. Often, the insured isn’t left with any clearer understanding of how their exposure has changed from year to year or in comparison to their peers.
Our Data Organiser tool efficiently facilitates cyber risk information gathering, illustrates your organisation’s comparative cyber risk exposure and benchmarks you against peers with respect to exposure and maturity. Insureds can then evaluate changes in exposure and maturity from one year to the next, which can be used both for an underwriting submission and to provide insights for information security and other risk mitigation investments.
Visit our website to find out more - jlt.com/insurance-risk/cyber-insurance
This video is for the benefit of clients and prospective clients of companies of the JLT group of companies (“JLT”). It is not legal advice and is intended only to highlight general issues relating to its subject matter but does not necessarily deal with every aspect of the topic. If you intend to take any action or make any decision on the basis of the content of this video, you should first seek specific professional advice.
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