Addressing the Personal Cyber Protection Gap

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.