Touching on how limitations in accessing the right online data and modeling have impacted the re/insurance industry so far, Ram highlighted the ‘physical challenge’ which is the difference in what constitutes organized cyber risk. “If I take a lot of my property portfolio and check a 10-mile radius of a significant cat-related area, I can get some specific statistics depending on where I am in the world,” he said. “But in cyber, the difference between one belief and another can be billions of dollars.”
Source link
