Within the broader insurance world of liability losses, cyber risk stands to become a significant worry in other lines of business including product liability and recall risk, according to a new global claims review from Allianz Global & Corporate Specialty (AGCS).
“Cyber claims are becoming more relevant. This is a huge area of growth for insurers,” said Peter Oenning, global head of claims liability for AGCS.
Read more at http://www.advisenltd.com/2017/04/10/cyber-risk-carries-over-into-other-liability-lines/
Erin Ayers, Cyber risk carries over into other liability lines: Allianz report (April 10, 2017), available with subscription at Advisen Cyber Front Page News.
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