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Insurers Need to Tackle Risks Created by Cyber Segment

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As demand and capacity for cyber insurance products grow, insurers need to properly assess their own risk from insuring cyber exposures, says Andrew Barratt, European managing director for Coalfire, an independent IT audit and compliance leadership company. Barratt works with the insurance industry on building cyber risk management programs and on how they can more adequately assess the risk from cyber threats that are introduced into their portfolios. In this Markets in Motion podcast, he discusses issues around potential clients not disclosing cyber risks during the underwriting process, as well as why risk management services have become so essential to cyber policies.

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