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Expert Analysis

Insuring Cyber Exposure Through A Captive Insurer

Law360, New York (May 13, 2016, 11:58 AM EDT) -- Cyberrisks have been confounding insurers and policyholders alike as those risks have evolved and expanded in recent years. Indeed, the risks have effectively outgrown the confines of standard commercial insurance coverage, and numerous insurers have developed new products, creating a market for cyber-specific coverages and policies. While predictions about growth in this market have generally been bullish, there are some signs it may be flattening. One recent survey notes only a slight uptick in take-up rate, rising from 24 percent in a prior survey to 25 percent in its most recent survey, of companies purchasing cyber-specific coverages....

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