The insurance industry could have a major role to play in establishing a set of global standards around cybersecurity , according to Peter Erceg , SVP of global cyber & technology at broking firm Lockton . " The companies themselves are n’t going to do it , so it has to be a central point that we achieve it , and I think insurance has a role to play in that , ” he said . Insurers and brokers also have a role to play in protecting clients , he said .
The insurance industry could have a major role to play in establishing a set of global standards around cybersecurity, according to Peter Erceg, SVP of global cyber & technology at broking firm Lockton. "The companies themselves aren’t going to do it, so it needs to be a central point that can drive it, and I think insurance has a part to play in that,” he said. Insurers and brokers also have a role to play in educating clients, he said.