According to a 2019 survey, the majority of Europe's biggest insurance groups do not offer any form of cyber insurance. Of those that did offer cyber insurance, over half offered both standalone policies, and coverage through an endorsement to another policy (such as professional liability insurance). Generally, cyber insurance is designed to protect businesses from risks arising from the use of data and technology in business operations.
Share of insurers who offer cyber insurance in Europe in 2019, by type
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EIOPA. (September 30, 2019). Share of insurers who offer cyber insurance in Europe in 2019, by type [Graph]. In Statista. Retrieved February 25, 2021, from https://www.statista.com/statistics/1190776/cyber-insurance-available-type-europe/
EIOPA. "Share of insurers who offer cyber insurance in Europe in 2019, by type." Chart. September 30, 2019. Statista. Accessed February 25, 2021. https://www.statista.com/statistics/1190776/cyber-insurance-available-type-europe/
EIOPA. (2019). Share of insurers who offer cyber insurance in Europe in 2019, by type. Statista. Statista Inc.. Accessed: February 25, 2021. https://www.statista.com/statistics/1190776/cyber-insurance-available-type-europe/
EIOPA. "Share of Insurers Who Offer Cyber Insurance in Europe in 2019, by Type." Statista, Statista Inc., 30 Sep 2019, https://www.statista.com/statistics/1190776/cyber-insurance-available-type-europe/
EIOPA, Share of insurers who offer cyber insurance in Europe in 2019, by type Statista, https://www.statista.com/statistics/1190776/cyber-insurance-available-type-europe/ (last visited February 25, 2021)