Cyber insurance and directors’ and officers’ (D&O) liability insurance go hand in hand now that company business models increasingly revolve around technology, according to a white paper published by Airmic with support from Marsh and AIG. Cyber insurance, Directors and officers liability, D&O, Airmic, Marsh, AIG, Technology, Insurance, Risk modelling
Companies' increasing reliance on technology means cyber risk and directors and officers (D&O) risk increasingly go hand in hand, according to a report backed by Marsh and AIG. The report, titled "The Future of Cyber Risk: A Global Perspective," was released today at the annual conference for financial services executives held annually in New York. Last year saw as many cyber claims as the previous four combined, according to AIG.