Insurance Information Institute (Triple-I) and HSB
All Statistics
Over 50% of agents believe clients would be willing to pay up to $100 for personal cyber insurance coverage
Only 43% of agents believe their clients share the same understanding of the value of personal cyber insurance.
56% of insurance agents reported that their customers don’t understand or agree with the value of cyber insurance.
Three-quarters of consumers have had their personal information lost or stolen in some form of cybercrime.
84% of agents understand the value of personal cyber insurance.
71% of agents report either pricing or breadth of coverage as the most important decision criteria for their clients purchasing personal cyber insurance.
77% of agents have presented personal lines cyber insurance to clients at least once in the last month.
14% of consumers experienced an online attack.
Twenty-eight percent of consumers had a social media account hacked.
23% of consumers had personal information compromised in a data breach.