Excerpted from CNBC.com | June 8, 2014
At an estimated $1 billion to $2 billion, 2013 sales of cyber-insurance were a fraction of the $1.1 trillion in total US insurance premiums last year. But [Marsh Network Security and Privacy Practice Leader] Bob Parisi sees the number growing exponentially in the foreseeable future.
"The growth trajectory, I see no sign of it abating," Parisi said. "Cyber-insurance is underpenetrated in the economy in general and we're at the long end of the hockey stick heading upward."
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