SME segment accelerating cybersecurity insurance market uptake through agile, parametric policies

Webersnits08 Sep, 2025News

The cybersecurity insurance market is expected to grow from USD 10.3 billion in 2023 to USD 17.6 billion by 2028, registering a CAGR of 11.4% during the forecast period. The shortage of skilled cybersecurity professionals poses a significant challenge for organizations in managing cyber risks effectively. Cybersecurity insurance provides the necessary expertise and resources to help organizations respond to and recover from cyber incidents.