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Leading reasons why SMEs purchase cyber insurance in the United States in April 2017

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Reasons SMEs purchase cyber insurance U.S. 2017 This statistic shows the leading reasons why SMEs purchase cyber insurance in the United States in April 2017. In April 2017, 28.8 percent of the respondents said that SMEs purchase cyber insurance for contract compliance reasons.
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Description

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This statistic shows the leading reasons why SMEs purchase cyber insurance in the United States in April 2017. In April 2017, 28.8 percent of the respondents said that SMEs purchase cyber insurance for contract compliance reasons.
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Release date
April 2017
Region
United States
Survey time period
April 2017
Supplementary notes
The source adds the following information: "respondents were from a range of brokerage firms, regional agencies to the largest global brokers, wholesale and retail, whose clients range from small and medium-sized businesses to Fortune 100 companies across all industries."
The source does not specify the number of respondents or the type of survey carried out.
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