Aon’s Cyber Captive Survey 2019 says that the rapid growth in the captive market of cyber-specific policies underscores that cyber is one of the primary risks for organizations across the world driven by an increasingly complex operational, technological and regulatory environment.
Key findings include:
Healthcare and energy industries are leading the way, with 19% and 15% of organizations in these industries utilizing captives for cyber coverage respectively.
41% of captives surveyed are incubating cyber risk.
The range in limits of cover taken out is up to USD$100 million.
An estimated 34% of all captives will be writing cyber in five years’ time.