Germany: Cyber risk insurance market developing as new products launched

13/11/2014 03:43

Germany has been witnessing developments in its cyber insurance market following the introduction of new cyber insurance policies by three major insurers in 2013, reports.

Wurttembergische Versicherung A.G. and AXA S.A. started providing cyber insurance cover in the country this year.

The country expects more policies in 2015, with insurers such as SparkassenVersicherung Holding A.G. and Ergo Versicherungsgruppe A.G. planning new products.

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