Your Independent Guide to Specialty Insurance Products Excerpts Section
Betterley Risk Research
Understanding the Cyber Risk Insurance and Remediation Services Marketplace:
A Report on the Experiences and Opinions of Middle Market CFOs (Now $295)
This special study of the Cyber Risk and Privacy Insurance Experiences and Opinions of Middle Market Chief Financial Officers represents a first of its kind analysis. We originated it because we wanted to test our belief that the Cyber Risk and Privacy insurance market for mid-sized U.S. companies was developing rapidly. It is based upon a series of questions that were asked in a 15-20 minute interview with a small but representative sample of companies in the $10 million - $500 million range, stratified by size where appropriate.
The complete Report includes 43 charts and is approximately 50 pages in length. It includes exclusive data and analysis of the meaning of the responses in areas such as :
Market Penetration and Product Awareness
- % of respondents that carry Cyber Risk insurance
- Reasons why they don’t buy this insurance
- Do they intend to buy it in the next 18 months?
- How they learned of Cyber Risk insurance
Opinions on Product Features
- Opinions about specific product features for both coverage and services
- Satisfaction with premium cost
- Willingness to pay more premium for key product features
- Satisfaction with limits and deductible options
- The value of underwriter and broker knowledge
Opinions about Cyber Risk Insurers, Brokers, and Service Providers
- Which insurers and brokers are insureds and prospective insureds familiar with?
- Satisfaction with current insurer? Broker?
- Which service providers are insureds and prospective insureds familiar with?
- Number of respondents that have had a claim? How satisfied are they with claims handling?
This Executive Summary by Betterley Risk Research examines the responses of these CFOs and explains their meaning in summary form, but does not include the charts and their explanation.
To review the Executive Summary (no charge), please click here
The Betterley Report
The Betterley Report is our bimonthly publication for risk management professionals. It makes it easy to identify and understand various risk management and insurance issues.
TBR is best known for its acclaimed Market Survey series of product evaluations. They address the need of insurance and risk management professionals for concise, objective information and advice about insurance products for commercial insureds.
Market Surveys provide a concise source at a reasonable cost found nowhere else.
Annual evaluations include:
- Technology Errors & Omissions Market Survey – 2012: A Growing Market Responding to Client Demand for Coverage (February 2012)
Read Excerpt (PDF) - Employment Practices Liability Insurance Market Survey 2011: Rates Begin To Firm, But Plenty Of Competition Remains (December 2011)
Read Excerpt (PDF) - Side A D&O Liability Insurance Market Survey 2011: A Saturated Market for Public Company Insureds, but Perhaps Opportunity Awaits in the Large Not-for-Profit Segment (October 2011)
Read Excerpt (PDF) - Private Company Management Liability Insurance Market Survey 2011: Growth Continues in This Core Product Line (August 2011)
Read Excerpt (PDF) - Cyber/Privacy/Media Liability Market Survey – 2011: Many More Carriers in This Market, and Numerous Recent Data Breaches: Will Coverage Remain Available? (June 2011)
Read Excerpt (PDF) - Intellectual Property and Media Liability Insurance Market Survey – 2011: The Convergence of IP and Media Products Continues
Read Excerpt (PDF) - Environmental Insurance Market Survey 2009: A Hardening but Still Broad Array of Valuable Coverages with Several New Market Entrants (April 2009)
Read Excerpt (PDF)
