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UK Cyber Insurance Trends 2020

The number of UK organisations purchasing cyber insurance doubled in 2020, driven in part by a greater appreciation of cyber and technology risk, and illuminated by changes in work patterns driven by the COVID-19 pandemic.

At the same time, pricing generally increased, driven by cyber-attacks and an increase in claims severity.

Cyber risk remains a top business concern

Download Marsh Specialty’s UK Cyber Insurance 2020 Trends report to learn about:

  • The sectors experiencing changes in their cyber insurance purchasing patterns.
  • How organisations are increasing their cyber insurance limits.
  • The types of cyber claims notification seen in the UK, and their frequency.
  • How cyber insurance pricing is changing.

The report is based on aggregated data from Marsh UK clients who buy insurance through the London market.