Cyber Insurance Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Cyber Insurance 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
IMARC Group is  a g lobal  management  consul t ing f i rm that  he lps the wor ld ’s  most  ambi t ious 
changemakers  to create a las t ing impact .  Across the s ix  major  cont inents  and 100+ count r ies ,  we 
work a longside our  bus iness par tners  as one team wi th  a common ambi t ion to achieve unparal le led 
resul ts ,  gain a compet i t ive edge,  and t ransform indust r ies .  IMARC Group excels  in  unders tanding 
i ts  c l ients ’  bus iness pr ior i t ies  and del iver ing ta i lored solut ions that  dr ive meaningfu l  outcomes.  Our 
c l ient  base spans over  3,000 organizat ions in  the pr ivate,  publ ic ,  and soc ia l  sectors ,  ranging f rom 
high-growth s tar tups to For tune 500 companies.
We prov ide a comprehensive sui te of  market  entry  and expansion serv ices.  Our of fer ings inc lude 
thorough market  assessment ,  feas ib i l i ty  s tudies,  company incorporat ion ass is tance,  fac tory  setup 
suppor t ,  regulatory  approvals and l icens ing navigat ion,  branding,  market ing and sales st rategies,  
compet i t ive landscape and benchmark ing analyses,  pr ic ing and cost  research,  and procurement  
research.  These serv ices are des igned to ass is t  companies in  evaluat ing market  oppor tuni t ies ,  
set t ing up new ent i t ies ,  navigat ing regulatory landscapes,  boost ing brand v is ib i l i ty ,  analyz ing 
compet i tors,  and opt imiz ing procurement  s t rategies.
A cc o r d i ng  t o  t h e  l a te s t  r e po r t  b y  I M A R C  G ro u p ,  t i t l e d  " C y b e r  I n s u r an c e  Ma r k e t :  
G l o b a l  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  Gr o w th ,  O p p o r t u n i t y  a n d  F o r e c as t  2 0 2 4 -
20 3 2 , "  t h e  g l o b a l  c y b e r  i ns u r a n ce  m ar k e t  s i z e  r ea c h e d  U S $  11 . 9  B i l l i on  i n  2 0 23 .
C yb e r  i n s u r a n c e  i s  a n  i n s u r a n c e  p r o d u c t  de s i g n e d  t o  p r o t e c t  b u s i n es s e s  a ga i n s t  t he  
po t e n t i a l l y  d ev a s t a t i n g  e f f ec t s  o f  c yb e r c r i m e s ,  i n c l u d i n g  m a l w a re ,  r a n so m w a r e ,  a n d  
Report d i s t r i b u t ed  d en i a l - o f - s e r v i c e  ( D D o S )  a t t a c ks .  I t  p r e v en t s  t h e  c o mp r o m i s e  o f  n e t w o rk  
an d  se n s i t i v e  d a t a  s u c h  a s  s o c i a l  s e c u r i t y  n u m be r s ,  c r ed i t  ca r d  n u mb e r s ,  a c c o u n t  
nu m b e r s ,  d r i ve r s ’  l i ce n s e  nu m b e r s ,  a n d  h e a l th  r e c o r d s  b y  c o v e r i ng  th e  l i a b i l i t i e s  o f  t he  
Highlight and bu s i n e s s .  
C yb e r - a t t a c k s  h a r m  b u s i n e s s e s  b y  d i s r u p t i ng  bu s i n e s s e s ,  r e s u l t i ng  i n  r e g u l a t o r y  f i n e s ,  
Description l e g a l  p e n a l t i e s  a n d  a t t o r ne y  f e es ,  l o ss  o f  i n t e l l e c t u a l  p r o p e r t y ,  a nd  r e pu t a t i on a l  da m a g e .  A s  a  r e s u l t ,  c y b e r  i n s u r an c e  h a s  w i d e l y  b e en  a d o p t ed  b y  o r g a n i z a t i o n s  t o  
o f f e r  c o ve r a g e  f o r  p h y s i ca l  da m a ge  t o  h a r d w a r e  a n d  bu s i n e ss  i n c o me  l o s s .  I t  a l s o  
e f f e c t i v e l y  re d u c e s  th e  da m a ge  c au s e d  b y  a  b r ea c h  a n d  c o m p l em e n t s  t h e  o ve r a l l  c y b e r  
r i s k  m an a g e me n t  p l an .
R eq u e s t  f o r  a  P D F  sa m p l e  o f  t h i s  re p o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / cy b e r - i ns u r a n c e - m ar k e t / r eq u e s ts a m p l e
Report Description
Global  Cyber  Insurance  Market  Trends :
The marke t  i s  p r imar i l y  d r i ven  by  the  r i s ing  impor tance  o f  cybe r  secur i t y  ac ross  the  g lobe .  Bes ides  th i s ,  t he  r i s ing  
awareness  abou t  bus iness  in te r rup t ion  (B I )  cyber  r i sks ,  coup led  w i th  the  g rowing  number  o f  manda to ry  leg is la t ion  
fo r  da ta  secur i t y  among d i f fe ren t  end-users ,  such  as  bank ing  and  hea l thca re ,  a re  p rope l l ing  the  adop t ion  o f  cyber  
insurance .  Nowadays ,  governmen t  regu la to ry  bod ies  and  law en fo rcement  agenc ies  a re  tak ing  numerous  
in i t i a t i ves  to  t igh ten  da ta  secur i t y  and  p ro tec t ion .  
For  i ns tance ,  a  US  s ta te  assemb ly  has  in t roduced  a  b i l l  t o  make  cybersecur i t y  i nsurance  manda to ry  to  regu la te  
and  p ro tec t  the  persona l  i n fo rmat ion  o f  the  c i t i zens .  Moreover ,  va r ious da ta  p r ivacy  laws ,  such  as  persona l l y  
iden t i f i ab le  in fo rmat ion  (P I I ) ,  European  Un ion  (EU)  Genera l  Da ta  Pro tec t ion  Regu la t ion  (GDPR) ,  and  the  Un i ted  
S ta tes  hea l th  insurance  por tab i l i t y  and  accoun tab i l i t y  ac t  (HIPPA) ,  a re  in f luenc ing  the  demand fo r  cyber  
insurance  ac ross  the  g lobe .  I n  add i t i on  to  th i s ,  i nc reas ing  d ig i t i za t ion  and  the  deve lopmen t  o f  A I  and  b lockcha in  
techno logy  a re  a l so  open ing  new g rowth  avenues  fo r  the  marke t .
View Repor t  TOC,  F igures  and  Tables :  h t tps: / /www. imarcgroup.com/cyber - insurance -marke t
Breakup by Component:
• Solution
• Services
 
Breakup by Insurance Type:
• Packaged
• Stand-alone
Report 
Segmentation Breakup by Organization Size:
• Small  and Medium Enterprises
• Large Enterprises
Breakup by End Use Industry:
• BFSI
• Healthcare
• IT and Telecom
• Retai l
• Others
Breakup by Region:
• North America
Report • Asia-Pacifi c
Segmentation • Europe
• Latin America
• Middle East and Afr ica
• All ianz Group
• American International Group Inc.
• AON Plc
Competitive • AXA XL
Landscape • Berkshire Hathaway Inc.
• Chubb Limited (ACE Limited)
with Key 
• Lockton Companies Inc.
Players • Munich ReGroup or Munich Reinsurance 
Company
• Lloyd's of London
• Zurich Insurance Company Limited
What was the size of the global cyber insurance 
market in 2023?
What is the expected growth rate of the global 
cyber insurance market during 2024-2032?
Key 
Questions What are the key factors driving the global cyber insurance market?
Answered in 
What has been the impact of COVID-19 on the 
the Report global cyber insurance market?
What is the breakup of the global cyber insurance 
market based on the component?
What is the breakup of the global cyber insurance 
market based on the insurance type?
What is the breakup of the global cyber insurance 
market based on the organization size?
What is the breakup of the global cyber insurance 
market based on the end use industry?
Key 
What are the key regions in the global cyber 
Questions insurance market?
Answered in 
Who are the key players/companies in the global 
the Report cyber insurance market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  C y b e r  I n s u r a n c e  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     S o l u t i o n
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S e r v i c e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  I n s u r a n c e  T y p e
    7 . 1     P a c k a g e d
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     S t a n d - a l o n e
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  O r g a n i z a t i o n  S i z e
    8 . 1     S m a l l  a n d  M e d i u m  E n t e r p r i s e s
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     L a r g e  E n te r p r i s e s
        8 . 2 . 1  M a r k e t  T r e n d s
Table of         8 . 2 . 2  M a r k e t  F o r e c a s t9    M a r k e t  B r e a k u p  b y  E n d  U s e  I n d u s t r y
    9 . 1     B F S I
        9 . 1 . 1  M a r k e t  T r e n d s
Contents         9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     H e a l t h c a r e
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     I T  a n d  T e l e c o m
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
    9 . 4     R e ta i l
        9 . 4 . 1  M a r k e t  T r e n d s
        9 . 4 . 2  M a r k e t  F o r e c a s t
    9 . 5     O th e r s
        9 . 5 . 1  M a r k e t  T r e n d s
        9 . 5 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t io n ,  v i s i t :  
ht tps : / /www. imarcgroup .com/cyber- insu rance -market / toc
Partial List of Clients
Partial List of Clients
Disclaimer
© 2024  IMARC Al l  R ights  Reserved 
Th is  Pub l i ca t ion  and  a l l  i t ’ s  con ten ts  un less  o therw ise  men t i oned  a re  copy r i gh ted  in  the  name o f  
I n t e rna t i ona l  Marke t  Ana lys i s  Research  and  Consu l t ing  ( IMARC) .  No  pa r t  o f  t h i s  pub l i ca t ion  may  be  
rep roduced ,  repackaged ,  red i s t r i bu ted  o r  res o ld  i n  who le  o r  i n  any  pa r t .  The  pub l i ca t ion  may  a l so  
no t  be  used  i n  any  f o rm o r  by  and means  g raph i c  e lec t ron ic  o r  mechan ic a l ,  i nc lud ing  pho tocopy ing ,  
reco rd ing ,  t ap ing  o r  by  i n fo rmat i on  s to rage  o r  re t r ieva l ,  o r  by  any  o the r  f o rm,  w i t hou t  the  exp ress  
c ons en t  o f  I n t e rna t iona l  Marke t  Ana lys i s  Research  and  Consu l t i ng  ( IMARC) .
Disc la imer :  Al l  con ten ts  and  da ta  o f  t h i s  pub l i c a t i on ,  i nc lud ing  fo recas t s ,  da ta  ana lys i s  and  op in ion  
have  been  based  on  in f o rmat ion  and  sources  be l ieved  to  be  accu ra te  and  re l iab le  a t  t he  t ime  o f  
pub l i sh ing .  In t e rna t i ona l  Ma rke t  Ana l ys is  Research  and  Consu l t ing  makes  no  rep resen ta t ion  o f  
war ran t y  o f  any  k ind  as  to  t he  acc u racy  o r  comp le teness  o f  any  I n fo rmat i on  p rov ided .  IMARC 
accep ts  no  l i ab i l i t y  wha tsoever  f o r  any  los s  o r  damage  resu l t i ng  f rom op in ion ,  e r ro rs  o r  
i naccu rac ies  i f  any  f ound  th is  pub l i ca t ion .
IMARC,  IMARC Group  and  G loba l  Therapy  I ns igh t  Ser i es  a re  reg is t e red  t rademarks  o f  I n te rna t iona l  
Marke t  Ana lys i s  Research  and  Consu l t ing .  A l l  o the r  t rademarks  used  i n  th i s  pub l i ca t i on  a re  
reg i s te red  t rademarks  o f  t he i r  r espec t i ve  compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
+1-631-791-1145
[email protected]
Stay With Us: