Commercial insurance provides employment for over 56,000 people in the country.
20 per cent of business leaders say they haven’t invested in any cybersecurity.
Insurance should be an early warning system, say analysts.
“Massive” cyber protection gap may require help from governments to create a larger market.
Credentialing bodies, insurers and agents given best practices and reporting protocols to follow.
Short-term measures include a cap on rates for good drivers and new rate board powers.
Composite pricing continues to rise for the 23 consecutive quarter.