Najm W. Bilgrami, Senior Vice President & National Head - Financial Lines , TATA AIG General Insurance Company Limited

Senior Vice President & National Head - Financial Lines , TATA AIG General Insurance Company Limited

Cyber Insurance’s Response to Rising Ransomware Attacks: The Latest Hurdles

Presented by Najm W. Bilgrami, Senior Vice President & National Head - Financial Lines , TATA AIG General Insurance Company Limited • November 4, 2022

The cyber insurance industry has been challenged by the rising costs of cybercrime. The element of the unpredictability of the cybercrime world does not work well for the industry. New coverage and rising renewal rates are major concerns. Premiums are rising by 10- to 20-fold. Recent research reports show that 70% of...