Non-US companies yet to embrace cyber insurance: Lloyd's
Lloyd’s of London CEO Inga Beale has identified that, although cybercrime costs the world economy over $500bn per year, companies outside of the US do not usually purchase cyber insurance. She thus anticipates that an increasing number of businesses will fuel rapidly growing demand for cyber insurance products as they further understand the risks.
TOKYO -- Lloyd's of London, the world's largest insurance market, has kept pace with innovations over the years -- the automobile, the airplane, the satellite.

Now, it sees growth opportunities in helping businesses cope with cybercrime and other 21st-century risks, and recognizes the impact that technological advances have on the insurance business itself, CEO Inga Beale recently told The Nikkei.