Cyber insurance can strengthen firms’ cyber resilience not only by covering financial losses after a cyber incident, but also by supporting risk management and crisis response. However, uptake remains limited: only around 10% of SMEs globally have cyber insurance, with even lower penetration in some countries. Drawing on the Geneva Association’s report on cyber resilience, this webinar explored what might be holding the cyber insurance market back, how insurers can play a larger role in strengthening firms’ resilience against cyber incidents, and the types of developments that could reinforce the value proposition of cyber insurance.
