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The Missing Piece: Buyer Interest; Despite some high-profile hacker attempts and the continuing...

By Ricken, Keith
Publication: Risk & Insurance
Date: Saturday, December 1 2001

The cyber insurance business should be booming. Yet despite the seemingly daily discussion of new viruses and hacker warnings in the popular media, the anticipated acceleration in sales of cyber insurance policies is not happening. True, some policies are being sold, but nowhere near what industry observers had expected. Sales growth is slow, and projections for accelerated growth continue to be pushed further into the future as we wait for momentum to build. In an attempt to understand why, Senetry, a consultant in Denver, initiated a project to interview a number of insurance, e

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