Business Insurance: A total of 77% of midsize to large companies intend to have some kind of cyber insurance coverage in place within the next 12 months, while 42% of risk managers in the U.S. plan to increase their level of cyber insurance, or purchase it for the first time in the coming year, says Munich Reinsurance Co.
Munch Re which based its conclusion on a survey of 100 risk managers of midsize to large U.S. companies conducted at the Risk & Insurance Management Society Inc.’s annual conference in Denver in April.
