Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said. Insurance Europe, insurance, reinsurance, Europe, cyber, technology, sustainability, construction, energy, Andreas Brandstetter, president, UNIQA
Insurers would be better equipped to refine cyber protection products if policymakers made anonymised data from cyber attacks more accessible, according to Insurance Europe President Andreas Brandstetter. The European Commission is also looking at ways of improving the way insurers and regulators share information about cybersecurity risks with each other. Brandstetter made the comments while speaking at the 11th International Insurance Conference in Bucharest, also addressing the need for legislation to support insurers sustainable investments.