Cyber Insurance as a Contribution to IT Risk Management. An Analysis of the Market for Cyber Insurance in Germany

• December 2017
• Constance P. Baban, Yvonne Gruchmann, Christopher Paun, Anna C. Peters, Tim H. Stuchtey

• Number 7 Policy Paper

Digitalization promises enormous gains in productivity but comes with significant cyber risks. In order to make full use of its potential, certain downsides of digitalization need to be properly addressed. This study focuses on one particular aspect of risk management: cyber insurance. It examines the German cyber insurance market in particular and shows potential for significant growth of this market.