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 increases cyber risk and directors and shareholders ( D&O ) risk increasingly go hand in hand , according to a report backed by Marsh and AIG . Since a number of high - profile regulatory actions have been taken as a result of cyber breaches , security lapses can also affect companies ' D&O policies , the report noted . Last year saw as many cyber claims as the previous four combined , according to AIG .